Market News

  • Kenya: Kiambu Constructs Sh160 Million Hospital at Tigoni

    Posted on :Monday , 6th July 2015

    Kenya: New Mall Set to Change How Kisumu Shops

    Posted on :Monday , 6th July 2015


    Unlike other middle class estates that are slowly experiencing an influx of residents, Mamboleo is relatively more secure and tranquil.

    "Actually, a majority of professionals in Kisumu now find the Mamboleo/ Kajulu hills a perfect destination of choice owing to encroachment of Milimani and Tom Mboya estates by offices, hotels and guest houses," she said.
    . . .

  • Kenya making progress on road and rail expansion

    Posted on :Monday , 6th July 2015

     Kenya’s road network expanded by 16 per cent in 2014 and the first 40 km of the new Mombasa-Nairobi standard gauge railway project has also been completed

    According to Central Bank of Kenya’s Economic Survey 2015, total number of paved roads reached 13,000 km last year, up from 11,230 km in 2013. This is a result of the government increasing access to rural areas as . . .

  • Construction Work on New Compressed Natural Gas Plant in Southern Durban begins

    Posted on :Saturday , 4th July 2015

     Spring Lights Gas (SLG) which is one of the largest Piped gas suppliers for KwaZulu Natal Industry is set to commission a new compressed natural gas (CNG) Plant in Southern Durban before the end of this year.

     
    The CEO of Spring Light Gas, Nkosinathi Solomon noted recently that construction work on the plant had already begun but hesitated to give the exact cost. . .

  • A US$ 70m iron sheet factory opened in Kenya

    Posted on :Friday , 3rd July 2015

     A US$ 70m iron sheet factory has been inaugurated in Kiambu County, Kenya by Devki Group. The new factory is projected to be able to produce 300,000 tonnes of iron sheets in Kenya annually.

     
    The development which is under the group’s affiliate, Maisha Mabati Mills Ltd, is the largest of its kind in Africa set to produce long lasting roofing sheets coated . . .

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