Market News

  • Kenya: Kenya Commercial Bank and housing firm Sandstone Development Company Limited have agreed a deal to bring new homes to the market.

    Posted on :Wednesday , 14th January 2015

    The venture, called Impala Villas Rimpa in Ongata Rongai is part of wider plans to develop hundreds of new homes in the outskirts of the city. “By bringing together Sandstone’s development expertise with KCB’s financial might, we hope to transform the land which borders the Nairobi National Park to meet the housing needs of our people,” said Sandstone Development Company. . .

  • Kenya: Korir Plans to Build 400m Tartan Track At Suwerwo

    Posted on :Thursday , 8th January 2015

     CHERANGANY MP Wesley Korir is to build an eight-lane 400m tartan track at Suwerwo village in his Trans Nzoia County.

    Savannah Cement to build second milling plant in Kenya

    Posted on :Thursday , 8th January 2015

    Kenyan cement manufacturer Savannah Cement has confirmed plans to invest more than US$198.3mn in the installation of its second milling plant near Kitengela town in Kajiado County to meet the growing demand in the East African nation

    Kenya to construct bridge across Likoni channel

    Posted on :Monday , 29th December 2014

    Principal Secretary, Infrastructure Development, Eng John Mosonik said to provide a more reliable link to South Coast, plans have commenced for the construction of the Likoni bridge to replace the ferry.

     
    The Likoni Ferry, serviced by the Kenya Ferry Services (KFS) has come under constant criticism over inefficiency particularly from tourism players who have had to g. . .

  • Rehabilitation of 600km Lesseru - Napadal road to boost trade with S Sudan

    Posted on :Monday , 29th December 2014

    The road  starts from Lesseru and traverses Kitale, Marich Pass, Lodwar and Lokichogio, ending at Nadapal border between Kenya and South Sudan. It  covers about 605km.

     
    The poor condition of the road which is considered a major link road along the Northern Corridor prompted the Kenya National Highways Authority to procure the services of three consultants t. . .

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