The prices of major construction materials shot up earlier this leading to developers pausing some of their projects. The high costs were as a result of global supply constraints resulting from the COVID-19 pandemic and the Ukraine - Russian war which raised coal prices; a material used to make clinker.
The Kenya National bearae of statistics shows that consumption of cement increased by over 18% despite the high prices. It is expected that the consumption of cement will go even higher with continued drop in the price of cement.
What a relief. How is the situation in your locality?
