This archive report was first published on 8 January 2020.
Home Afrika, a Kenyan property developer, has announced a significant financial setback in the year 2015. The company's financial report, presented to the Capital Markets Authority (CMA), revealed a net loss of Sh. 390.1 million.
According to the report, the loss was primarily caused by a reduction in the sale of plots. This decline in sales had a substantial impact on the company's financial performance, leading to the substantial loss.
