Panic grows as KRA intensifies hunt for defaulting landlords

Panic has gripped a section of landlords following an announcement by the Kenya Revenue Authority (KRA) that it was mounting a massive crackdown on property-owners who are defaulting on taxes despite receiving monthly rental income. The KRA said on Tuesday…
Bill seeks to compel builders to register with new body

A new bill has been introduced in Parliament seeking to compel players in the building and construction sector to register with a new professional body before they can practice in Kenya. The Construction Project Managers & Construction Managers Bill 2017,…
Kenya’s construction growth slows to weakest pace since 2013

Construction growth in Kenya, East Africa’s largest economy, slowed in 2016 to the weakest pace in three years mainly due to the winding down of the Mombasa-Nairobi standard gauge railway construction. Official figures on Wednesday showed that construction industry, which…
Dangote postpones Kenya factory plan over Nigeria’s forex crisis

Africa’s largest cement producer Dangote has postponed its planned entry into Kenya as the company continues to struggle with a constricted supply of foreign-exchange in Nigeria. Dangote Group, which is owned by Africa’s richest man Aliko Dangote, had earlier announced…