Nakuru town an economic hub for entrepreneurs

1
165

In 2013, UN Habitat listed Nakuru as one of the fastest-growing towns in East and Central Africa owing to its central location that has seen the Trans African Highway pass through it from Mombasa, extending to Uganda, Rwanda, Burundi and the Democratic Republic of Congo, giving it an edge as a business investment centre.

The county government is racing against time for the town to regain its lost glory of being the cleanest town in East and Central Africa as was in the 70s.

Recently, Cytonn Investment released another report showing the land sector in Nakuru County having recorded an annualised capital appreciation of 8.8 per cent that can be attributed to an increase in demand.

The county saw its land prices rise by an average 12.7 per cent in 2017, according to the County Land Price Report, 2018.

Also Nakuru has never been exposed to terror activities. And even during 2007 post election violence, the town itself managed to avoid the near-catastrophy violence witnessed in Naivasha, Eldoret and other towns.

Dominic Akugo; No one fakes philanthropy; it is naturally conceived.

Download our app from play store and get updates everyday for FREE. Press the button below.

What do you think of this post?
  • Awesome (1)
  • Interesting (1)
  • OMG (0)
  • Boring (0)
  • Woooi!! (0)
  • SAD (0)