Market News

  • Kenya to See Boom in Conference Tourism in 2017 Despite Election Year

    Posted on :Friday , 10th February 2017

    Despite being an electioneering year, 2017 is expected to be a boon for Kenya’s tourism, with a number of international conferences slated to take place here.

     
    Confirmed hotel and conference hall bookings indicate 2017 will witness a hype of activity buoyed by 2016’s success that saw over 100 world leaders visit Kenya at different times.
     . . .

  • Kenya: SGR on Schedule as Inspection of Locomotives Begin

    Posted on :Tuesday , 7th February 2017

    The government has began the inspection and commissioning of locomotives for the standard gauge railway (SGR), moving to indicate that the completion of the first phase will be on schedule.

     
    Speaking to journalists at State House, Spokesperson Manoah Esipisu said the first journey from Mombasa to Nairobi will start in June.
     
    "Testin. . .

  • Kenya: Iron Sheets to Replace Safety Hazard Asbestos Roofing in 23 Schools

    Posted on :Tuesday , 7th February 2017

    Hundreds of learners in 23 schools in Nakuru East constituency are learning under roofs made of asbestos, which poses a cancer risk to them, researchers have warned.

     
    Cancer researchers say learning under old buildings with ageing and decomposing asbestos materials can increase the risk of getting lung cancer.
     
    However, Nakuru East MP Da. . .

  • Kenya: $9.6 Million From Constituencies' Fund Transferred to Roads, Education Ministry

    Posted on :Saturday , 4th February 2017

    The Sh10 billion the High Court slashed from the National Government Constituencies Development Fund will be sent to Roads and Education ministries to be spent on projects identified by Members of Parliament, the National Treasury has said.

     
    At the same time, Sh1 billion originally given to Parliament to buy land for a training institute will be transferred to the Ke. . .

  • East Africa�s Massive Infrastructure Project LAPSSET Takes Shape

    Posted on :Friday , 3rd February 2017

    NAIROBI — It is a massive infrastructure project originating from Kenya, consisting of a 32-berth port on the country’s north coast, a railway, an oil pipeline, highways, international airports, and resort cities.

     
    LAPSSET stands for “Lamu Port, South Sudan, Ethiopia Transport Corridor,” a project to connect Kenya with South Sudan, Ethiopia, a. . .

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