EDITORIAL: Stop late payment culture

Local contractors are among those who feel frustrated at the late payment culture that is rife in this country. Banks too are frustrated and the chain of disappointment stretches all the way to the construction site, where casual labourers stay…
Kenya’s 10,000km roads project met with widespread scepticism

Nearly a year after the government unveiled plans to tarmac 10,000km of roads across the country, there is widespread scepticism about the project’s viability with pundits already predicting its failure. The ambitious project, which was rolled out by President Uhuru…
Analysts bullish on cement stocks

The Kenyan cement stocks are poised to rally in coming months as investors bet that the State’s massive infrastructure spending will spur rapid growth of the local cement industry. The three NSE-listed cement makers; Bamburi, ARM Cement and East Africa…
A Quick Overview of Kenya’s Construction Industry

Kenya has a well-established construction industry that comprises businesses mainly involved in the construction of commercial and residential buildings, engineering structures and affiliated trade services. The construction industry is a major contributor to Gross Domestic Product (GDP) in the Kenyan…
Is Lamu Port a jinxed project?

Construction of Lamu Port in the northern coast of Kenya appears to be a jinxed affair as so far nothing has moved since former President Mwai Kibaki launched the project nearly three years ago. The ground-breaking ceremony for the port…
How to buy real estate in Kenya

There are several ways to make money with property by investing in the Kenyan real estate market. Here are some of the proven methods. 1) Look for a undervalued property Do your research, find out areas that are undervalued but…
Kenya’s renewable energy drive is highly commendable

Kenya has taken a major step towards advancing renewable energy – with several projects promising to raise the country’s production of clean energy from the current 1,660 megawatts (MW) to 5,000 MW by 2017. Kenya Electricity Generating Company (KenGen), the…
Can China build ‘Dubai’ in Machakos for Sh65bn?

Social media was awash with comments on April 6 when the Sunday Nation broke a story that Chinese Investors were planning to build a ‘Dubai’ in Machakos County. According to the story, 100 Asian investors are planning to build a…