Market News

 A new 35-floor project is being developed in the Kilmani area in Kenya. Project developers Cytonn Real Estate is touting, this newest development as an “Iconic mixed-use development project”.   The “Cytonn Towers” will be constructed at the junction of Egeyo Mara . . .

 The National Building Inspectorate (NBI) has given the green light to developers to resume the construction a Nairobi building. The 17 storey building was set for demolition until recently, and this latest news will come as music to the ears of investors.    The project was stopped . . .

 The Kenyan construction industry has experienced rapid growth over the last ten years. The sector recorded an impressive growth rate of 9.2 per cent in 2016, according to the Economic Survey Report 2017. These statistics have been credited to an increase in investments in road construction and . . .

 National Construction Authority Director Daniel Manduku says the  proposed Building Code Bill awaiting debate in parliament, if passed will allow for a review of construction materials used locally in favor of more cost effective and environmental friendly products.   Kenya’s . . .

 The construction industry is a focal point for the economic growth of any country.   According to the Economic Survey 2017 Report, it is estimated that the industry expanded by about 9.2 per cent in 2016 and recorded increased activity in the construction of roads and development of hou . . .