Market News

  • Shs20 Billion Low Cost Housing Project in Kiambu Commences

    Posted on :Tuesday , 1st March 2022

    The construction of an Shs 20 Billion low-cost housing project in Kiambu county, comprising of 4,000 units has been officially launched by real estate companies, Heri Homes and Finsco Africa.  The mega project, dubbed Legacy Ridges, will sit on a 200-acre land in the sixth largest urban center in Kenya, Ruiru.  

     

    This low-cost housing project in Kiambu is projected t. . .

  • The Nairobi Expressway will open on a trial basis in March 2022.

    Posted on :Monday , 28th February 2022

    The Nairobi Expressway will be open to vehicles in March, according to Kenya's Transport Cabinet Secretary, James Macharia. The 27-kilometer highway, which runs from Mlolongo via Uhuru Highway to the James Gichuru Road junction in Westlands, will be tested in March 2022, three months sooner than expected.

     

    Previously, Kung'u Ndung'u, the director-general of the Kenya National . . .

  • Government to Rehabilitate 363 Kilometers of old MGR Lines in Kenya

    Posted on :Wednesday , 16th February 2022

    The government through Kenya Railways Corporation, the national railway of Kenya that is also known as Kenya Railways, is set to spend close to US$ 40M to rehabilitate a total of 363 kilometers of old railway lines, which are currently dilapidated, vandalized, or overgrown with vegetation, in the country.

     

    The lines include the 217km Nakuru-Kisumu meter-gauge railway (MGR), th. . .

  • UK firm set to design Sh28bn Railways City

    Posted on :Wednesday , 19th January 2022

    A plan to build a Sh28 billion city has moved a notch higher after the Nairobi Metropolitan Service in partnership with Kenya Railways picked UK firm Atkins Global to design the project.

    The deal will see the firm design the iconic Nairobi Railways City, multi-modal urban development project which will be situated in Nairobi at an unknown cost.

    The project will be situated within 42. . .

  • 10,000 CBC Classrooms in Kenya to Be Constructed By End Of 2022

    Posted on :Thursday , 13th January 2022

    Education Cabinet Secretary (CS) Prof. George Magoha recently announced that a total of 10,000 Competency-Based Curriculum (CBC) Classrooms in Kenya, will be constructed before the end of 2022 for occupation by Junior Secondary Schools learners come January 2023.

     

    Magoha made the announcement while speaking after breaking grounds for the construction of two classrooms at the M. . .

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