Market News

  • EAST AFRICA MOVING TOWARD MONETARY UNION

    Posted on :Monday , 2nd January 2017

     Five East African countries have joined forces with the aim of forming a single currency area by 2024.

    EAST AFRICA: KPA to build the facility in the next six months in efforts to boost tourist earnings.

    Posted on :Monday , 2nd January 2017

     The 

    Kenya: Country to Get New Dam Through Public-Private Partnership

    Posted on :Friday , 30th December 2016

    Water and Irrigation Cabinet Secretary Eugene Wamalwa on Wednesday said the government will build a Sh60 billion dam in Galana-Kulalu through a public-private partnership.

     
    The two-billion-cubic-metre dam would supply irrigation water for 500,000 acres to be launched in March 2017.
     
    Mr Wamalwa said local and international investors had b. . .

  • Kenya: Over 2,500KM Roads to be Built Next Year

    Posted on :Wednesday , 28th December 2016

    The government will launch the construction of 2,500 kilometres of roads before the next General Election, Transport Principal Secretary John Mosonik has said.

     
    Mr Mosonik said it was part of the "10,000 programme" of low volume traffic road.
     
    "A total of 2,327 kilometres of roads in 30 counties are being built while an ad. . .

  • How Will Trump Impact East Africa's Industrialisation Drive?

    Posted on :Wednesday , 28th December 2016

    The global mood has shifted since Donald Trump’s surprise victory in the US presidential election. Europeans are fretful and Mexicans are panicking but many of the US investors we met in mid-November have become intensely optimistic about the prospects for their own economy. No one is quite sure whether this will benefit emerging markets or not and many Trump supporters probably don&rsquo. . .

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