Author: By Dr Hillary Wachinga

Audio By Vocalize Kenya Re Group Managing Director Dr. Hillary Wachinga speaking during the launch of Kenya Re’s international life Reinsurance operations.[Wilberforce Okwiri,Standard] The confidence, trust, and appetite for properties have been on decline in the recent past, especially in many countries across Africa, due to the high-risk nature of the acquisition, management, and retention of ownership of land and buildings. Increased likelihood of losing a fortune in this area is driven by varied reasons that make the venture unattractive. In the process, this sector of developing and underdeveloped economies ties up significant amounts of capital that should otherwise help…

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