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Posted by / 25-Jul-2017 07:45

Formulated by Shuli Moalem-Refaeli of the far-right Jewish Home party, it comes weeks after US President Donald Trump's decision to recognise Jerusalem as Israel's capital sparked deadly protests in the Palestinian territories.

It determines that any ceding of lands considered by Israel to be part of Jerusalem would necessitate a two-thirds majority vote in parliament — 80 out of 120 members of the Knesset.

Repeat offenders will permanently lose their licences, have them confiscated temporarily, pay spot fines or be made to attend refresher driving classes.

“All drivers, particularly PSV vehicle drivers, will be retrained once more in a phased manner.

KBA research officer David Muriithi said house buyers were keener on reducing cost of houses where unnecessary space such as domestic servant quarters (DSQs) were now a thing of the past in the era of day care centres and nannies.

Investment firm Cytonn said real estate investments raked in higher returns than treasury bonds thereby attracting local and foreign funds.

– A frozen replica of North Korea's long-range missile Hwasong-15 was the star of an ice sculpture festival in Pyongyang.Realtors invested heavily in development of highrise residential apartments located in upmarket areas in the just-ended year, continuing a trend of demolishing single-dwelling units.A report by the Kenya Bankers Association (KBA) released in November noted that 82.66 per cent of all housing units sold were apartments followed by maisonettes at 10.7 per cent and bungalows at 6.64 per cent.“The rise in the price of apartments compared to bungalows and maisonettes continues to signal an element of the search for affordability by potential homebuyers given the lower cost of construction per unit on the developers’ side that translates to relatively low offer prices,” said KBA director of research and policy Jared Osoro.In the past year, data available from the Nairobi County Government Buildings Approval Department indicate investors put money in highrise apartments but shunned standalone mansions that proved a hard sell due to high prices driven mainly by the cost of land in upmarket areas.

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