The businessmen’s dilemma

Brief:

I have been looking for rental space to put up a shop within town but I am advised by the landlord’s lawyers that I need to pay ‘goodwill’ of up to Sh3 million and further that I will have to sign a tenancy agreement of at least six years. Is this goodwill a legal requirement and why is it that I cannot get an agreement of about three years? ...more

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Today's magazine

  Financial Journal
Kenya’s economy is on the road to recovery

Kenya’s economy is on a positive growth trajectory. That is the judgment from leading fund management firms, investment banks, economists and the World Bank. Although the estimated GDP growth of between 3-4 per cent is still below the country’s potential, when benchmarked against competing economies in East Africa, the economy is expected to make a strong recovery this year.

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