Market News

  • BASF opens new admixtures plant in Kenyan capital

    Posted on :Thursday , 4th September 2014

     German chemical manufacturer BASF has opened a new admixtures production plant at Nairobi in KenyaAccording to company officials, the facility will enable the company to meet the rising demands for construction chemicals in East Africa.

    Dick Purchase, head of regional business unit for construction chemicals at BASF Middle East, West Africa, CIA and Africa, said, “We are n. . .

  • Proposed Dangote cement factory in Kenya: production capacity revised to 3 million tonnes per year

    Posted on :Wednesday , 3rd September 2014

    The proposed Dangote cement factory in Kenya is now set to produce double the initial planned capacity, indicating the rise in demand of cement in Kenya. The announcement, made in the company’s trading update, could also fuel price wars for cement in Kenya.

  • Demand for construction equipment in Kenya to go up due to upcoming roads projects

    Posted on :Wednesday , 3rd September 2014

     Many construction projects in Kenya, among them the government’s commitment to construct 10, 000 km of additional network, is set to increase demand for construction equipment.

    Outer Ring Road in Kenya to be expanded into a dual carriage at US$82m

    Posted on :Wednesday , 3rd September 2014

     Sino Hydro Tianjin Engineering will undertake expanding of the Outer Ring Road in Nairobi, Kenya at a cost of US$82m. This is after beating other eight firms that submitted bids in the tendering process.

    New state-of-the-art hospitals to be built in SA

    Posted on :Wednesday , 3rd September 2014

     About 43 new state-of-the-art hospitals are expected to be built across South Africa within the next five years.

     
    Over and above, 216 new clinics will also be built by the national Department of Health, and 816 old hospitals across the country will be renovated, said Health Minister Dr Aaron Motsoaledi.Minister Motsoaledi was speaking to media after the officia. . .

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