List/Grid Tag Archives: Construction
Kenya construction gains steam after interest rates cut
The Kenyan construction industry recorded significant growth in the second half of 2012, signalling the industry’s recovery after a slump caused by high interest rates. Cement consumption, a key indicator…
Construction industry to gather momentum – Knight Frank
Property consultancy firm Knight Frank has predicted that the Kenyan construction industry will rebound as investors finance new projects after the just concluded polls. Knight Frank’s Africa Report 2013 says…
Housing Finance to train a million artisans
Mortgage lender Housing Finance (HF) has unveiled a massive training program to train one million artisans for the construction industry by 2016. Through it’s newly founded corporate social investments arm,…
Contractors demand lion’s share of Government tenders
Kenyan contractors have urged the National Construction Authority (NCA) to introduce an affirmative rule that will see them get a ‘significant’ share of Government tenders awarded to foreign companies. The…
Vetting of contractors long overdue
The move by the National Construction Authority to register and licence afresh all contractors seeking to undertake any construction work in Kenya is long overdue. The NCA has said it…
Construction growth slows in Q3
Growth in the Kenyan construction industry slowed in the third quarter of 2012, dragged down by prevailing high interest rates. Kenya National Bureau of Statistics’ (KNBS) latest quarterly GDP report…
New law seeks to set standards in housing industry
The government has published three draft laws seeking to set standards in the Kenyan housing sector. The Built Environment Bill 2012, the National Building regulations and the National Building Maintenance…
Trends transforming construction industry today
As the world continues to grapple with the effects of global warming and other catastrophes, the construction industry is rapidly changing to meet the needs of the modern society. To…
Construction industry in Kenya geared for growth
The Kenyan construction industry is expected to see exponential growth as the government and private developers increase investments in infrastructure and housing. First, the huge deficit in infrastructure – including…
Revised building code yet to be enforced
The revised building code, a document which spells out the regulations that should govern construction in all the Counties in Kenya, is not yet operational three years after the housing…
