Market News

  • Kenya's Construction Sector Expected to Recover This Year

    Posted on :Monday , 26th July 2021

    Nairobi - Kenya's construction sector is expected to recover this year on the back of the government's continued implementation of investor-friendly reforms as well as large-scale infrastructure projects aimed at boosting regional integration and economic diversification.

    This is according to a report by Deloitte which reveals that the sector's growth is expected to revamp to a growth of . . .

  • Kenya to complete upgrade of roads by December 2021

    Posted on :Thursday , 22nd July 2021

    James Macharia, Transport Cabinet Secretary has assured that the government will complete the construction of 408 kilometres of tarmac roads in Nairobi's informal and thickly population settlements by December 2021.

    Macharia who spoke after reviewing the construction of the new tarmac roads in Nairobi's informal slums said the project is now 40% complete with 104 kilometres fully tarmack. . .

  • Expansion of US $2bn Rironi-Mau Summit highway in Kenya to begin in September

    Posted on :Tuesday , 22nd June 2021

    Expansion works on the US $2bn Rironi-Mau Summit highway in Kenya is set to begin in September this year. This is according to Transport Cabinet Secretary James Macharia.

    “We are set for expansion of the Rironi-Maai Mahiu-Naivasha highway this September.  It will improve connectivity between Central and Eastern Kenya and the Rift Valley and Western Kenya regions, a. . .

  • Kenya launches Lamu Port now open for business

    Posted on :Monday , 24th May 2021

    Newly constructed Lamu port project has officially been opened by President Uhuru Kenyatta with the target to link Kenya to South Sudan, Ethiopia and therefore the middle belt of Africa.

    Two other berths are likely to be launched before the end of the year.

    The project is part of the Lappset which comprises a standard gauge railway line, Road network, Oil pipeline (Crude & pro. . .

  • Affordable homes budget doubles to Sh8bn in Uhuru’s last year in office

    Posted on :Tuesday , 11th May 2021

    Budget estimates tabled in Parliament show that Sh8 billion has been allocated for the affordable units in the year starting July.


    Treasury has doubled the allocation for construction of affordable houses as the State races against time to deliver the low-cost units in President Uhuru Kenyatta’s last year in office.


    Budget estimates table. . .


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