Drop in cement sales points to real estate slowdown

Workers at a construction site in Kisumu. FILE PHOTO | NMG

Kenya’s consumption of cement dipped to 1.4 million tonnes in the second quarter of the year, pointing to a persistent slowdown of activity in the real estate sector.

National cement consumption stood at 1.5 million tonnes in the first quarter of last year, continuing a losing streak that persisted throughout 2017.

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