Residents: Don’t let our estate go

Residents of Makulu Ward on the road leadig to the University of Dodoma (Udom) can now sleep peacefully after President Jakaya Kikwete yesterday directed the Capital Development Authority (CDA) not to relocate them.

Authorities have warned residents to avoid eating meat from the carcass of animals that had not been slaughtered in accordance with health regulations, to avoid infectious diseases.

>Entering into real estate transactions in today’s litigious society without taking advantage of an arbitration clause is like driving a car without a seat belt: it is a dangerous and unnecessary risk. However, most people just cruise through this “Arbitration Clause” part of the contract without really understanding what is happening “there”.

>Well, may be you are one of those people, who have thought of investing in a real estate business, but you do not know how or you are a person, who thinks real estate is for the people whose wealth is almost Sh20 billion. Such ideas come only when we lack knowledge about real estate. Have you ever asked yourself the following questions: what exactly is real estate?

Executors say Mandela’s estate worth is estimated to be $4.1 million. The executors of Nelson Mandela’s estate were being expected to reveal his last will and testament later yesterday (Monday) amid a very public family feud over who will carry on the family name.

HURDLES IN OWNING A PROPERTY IN ZANZIBAR

South Africa's government opposes a legal bid by Winnie Madikizela-Mandela to claim ownership of her ex-husband Nelson Mandela's rural home.

>Publicly-held companies in Tanzania do not have a tendency to raise their capital through issuance of corporate bonds, a situation that denies institutional investors a chance to invest in major firms.

Nelson Mandela left an estate valued at some 46 million rand ($4.13m;£2.53m) plus royalties, a public reading of his will reveals.