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Scared real estate developers withhold billions as political tempratures rise

A section of Upper Hill on 20th June 2017. PHOTO:WILBERFORCE OKWIRI

Scared real estate developers have held on to their cash as the heightened political activity throw the economy into uncertainty.

According to the latest data from the Kenya National Bureau of Statistics (KNBS), property developers in Nairobi have considerably scaled down their construction activities, pointing to a struggling property sector.    

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