Rate capping has negatively impacted on growth of lending to the private sector.
An elevated railway will run 6.7 kilometres across the national park perched on giant pillars.
The Kenya Mortgage Refinance Company will be mandated to issue bonds in capital markets.
Lack of access to affordable credit has seriously undermined housing development.
A man said to be the caretaker of the building was rescued and taken to hospital.
The overpass was seen as the solution for easing traffic on Mombasa Road.
Hiring of equipment is a viable option for builders seeking to cut costs.
The government hopes to launch construction works by August.
British buyers are interested in Kenyan holiday homes – mainly in Lamu and Watamu.
EAPCC and ARM Cement are deep in the red, with losses running into billions of shillings.