Kenya: Unease Grows Due to Delay in Valuers Registration Board Reconstitution

Kenya’s valuation sector is facing a significant bottleneck as the Valuers Registration Board (VRB) remains dormant, preventing the registration of new valuers. The board has been inoperative for several months due to delays in reconstituting its membership.

The VRB, tasked with regulating and overseeing valuers, has not functioned since the terms of its previous members expired. This has left many aspiring valuers in a state of uncertainty, disrupting the flow of new professionals into the market.