More wealthy Kenyans buy second homes in Johannesburg instead of New York

Sandton city in Gauteng in Johannesburg, South Africa.

Photo credit: Pool

For decades, the address mattered as much as the house itself. If Kenya's wealthy bought a second home abroad, chances were it overlooked Manhattan's skyline, London's parks or Dubai's glittering waterfront.

Today, however, another skyline is gradually replacing those familiar postcards. Johannesburg and Cape Town are emerging as the new addresses of choice for Kenya's affluent, reflecting a shift in how wealth is being preserved, diversified and deployed across Africa.

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