Corporate tax cut to 20 per cent for developers who construct 1,000 or more low cost homes per year.
Tendering fraud has overtaken bribery to become Kenya’s fastest growing economic crime.
Delayed payment is the main reason why many contractors are not able to service their loans.
Scrutiny will ensure only those with enough qualified technical staff are registered.
Economic development is often delayed by inadequate infrastructure.
The government should consider waiving value added tax (VAT) on low cost housing projects.