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House Prices Decelerate As Demand Remains Depressed

The price of houses continued to decline in the first quarter of 2020 in a trend compounded by constrained ability of potential buyers to...

Chinese firm to build Sh1.5bn Likoni floating bridge

China Road and Bridge Corporation will construct the Likoni floating bridge in Mombasa at Sh1.5 billion. A contract has been signed between CRBC and Kenya...

Kenya Railways disowns scheme to oust Chinese firm from running SGR

Kennedy Ogeto, the SG, had indicated in an advisory mid-last month that the operations and maintenance contract with Afristar should be terminated, as soon...

Contractors say new building defect rules bad for their business

Construction managers say the newly introduced regulations apportioning blame to them for defects in completed projects should be scrapped for lack of public participation. The...

Construction Of The Sh1.3bn Kiambu-Ruaka Water Supply Project Kicks Off

The construction of the Sh1.3 billion Kiambu-Ruaka water supply and sewerage project has officially kicked off. Conducted under the Kenya Towns Sustainable Water Supply and...

Kenya Plans $503 Million Economic Stimulus to Battle Virus

Kenya plans to spend 53.7 billion shillings ($503 million) on a stimulus package to support businesses that have been hit by the coronavirus pandemic,...

From a mjengo job in the US to owning a real estate business

His father signed him up for a hospitality course he wasn’t really interested in. But one way or other, he found his way back...

Minimum housing levy cut to Sh200

Workers wishing to own homes under the State's affordable housing plan will contribute as low as Sh200 per month after the levy was made...

Kenya woos importers with free storage at Naivasha ICD

Kenya has handed cross-border importers 30-day free storage at the newly-launched Naivasha inland container. Kenya has handed cross-border importers 30-day free storage at the newly-launched...

Sh6.9 billion Naivasha dry port handed over to government

The contractor of the Naivasha Inland Container Depot has handed over the project to the government following its completion. China Communications Construction Company Limited handed...

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Kenya Power flags low business in State’s rural connections plan

Electricity distributor Kenya Power #ticker:KPLC has raised the alarm over low consumption and high payment default rate in rural areas hurting its business, even...

Ghana’s steel sector can become the game changer

Trucks in a convoy took a turn towards  the Accra-Tema motorway, heading south, loaded with iron rods and steel products from the Tema heavy...

Expedited change in stainless steel industry expected

The Covid-19 pandemic will have long-term ramifications, including permanent change in the South African stainless steel industry, Southern African Stainless Steel Development Association (Sassda)...
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