×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Fresh fears over economy as construction sector declines

President William Ruto's government has placed affordable housing as a key plank of its policy agenda. [PCS]

Kenya's cement consumption declined sharply in the first quarter of 2024, official Government data shows, stoking concerns about the health of the country's construction sector and broader economy.

Cement sales fell 12.7 per cent to 1,949,900 metric tonnes in the January to April period, compared to 2,234,200 metric tonnes in the same quarter of 2023, according to the Kenya National Bureau of Statistics (KNBS).

Get Full Access for Ksh99/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Access this article for Ksh5
Already a subscriber? Log in
Business
Sanlam Kenya to change name to SanlamAllianz
By AFP 4 hrs ago
Business
Innovation investment growth at 15-year-low: UN
Business
Trump administration seeks views on Kenya trade barriers despite AGOA snub
Business
Why MPs could stop acquisition of East Africa Portland Cement by Tanzania firm