List/Grid Tag Archives: News
Contractors face fresh vetting
Contractors operating in Kenya will undergo rigorous scrutiny and fresh registration to ensure only competent contractors are allowed to carry out any construction work in the country. The exercise, which…
KeNHA to advertise tenders for Thika Road toll stations
The Kenya National Highways Authority (KeNHA) will advertise tenders for a contractor to establish toll stations and manage the maintenance of the new Thika highway, subject to the Treasury’s approval….
Hurricane Sandy destroys crane at NYC “Billionaire’s Haven”
A tower crane attached to a building under construction in New York was badly damaged as Hurricane Sandy hit the East Coast of the United States. According to eyewitness reports,…
ARM Cement pre-tax profit jumps 400%
Kenya’s second largest cement ARM said on Monday that its nine-month profit rose to Sh1.2 billion from Sh296 million, a 400 per cent jump, while its turnover jumped 29 per…
Kenyan developers look to Asian markets as construction costs soar
As the costs of construction continue to escalate, many Kenyan developers are increasingly looking to Asia to identify possible opportunities to lower building costs. Aware of this new trend, Savings…
Two confirmed dead following Gigiri construction site accident
Two casual workers were killed and two others injured on Monday after a heap of sand they were excavating collapsed at a construction site in Gigiri, Nairobi. The four were…
KBS revived after 13 years of dormancy
Mortgage lender Housing Finance has revived its dormant property development arm in a bid to cash in on the lucrative property development market. The construction subsidiary, known as the Kenya…
Kenyan real estate shifts focus to residential
Besieged by the soaring prices of land in the city centre and the stagnating prices of commercial spaces, major commercial developers in Nairobi are shifting gears and seeking shelter in…
Dubai’s Princess Tower becomes world’s tallest residential building
The dome and mast of Princess Tower in Dubai Marina has been completed, making the 414m-tall building the world’s tallest residential tower. The developer, Tameer Holdings, said Wednesday that the…
Belgian construction firm to set up shop in Kenya
Thomas & Piron Grands Lacs, the Rwandan unit of Thomas & Piron, a Belgian construction firm, is expanding to Kenya in a bid to tap into the country’s lucrative construction…
