March 27, 2015 IBOMLLC Team

Global Oil Price Drop Could Boost Kenya’s Real Estate Market

Global Oil Price Drop Could Boost Kenya's Real Estate Market

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Global Oil Price Drop Could Boost Kenya’s Real Estate Market

Leading property portal looks at the effect of fluctuating oil prices on the real estate sector

Fuel prices have been a hot-button issue influencing the socio-political engines stoking Kenya’s economic growth. The prices are dictated by a myriad of variables not limited to currency fluctuations, politics, fear and speculations over and above normalized principles of supply and demand.

The country recently experienced a fluctuation of energy prices due to the unstable global crude oil prices. As a net importer of crude oil, Kenya is set to benefit from the falling oil prices that will boost the country’s economy. The drop in oil prices …read more

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