Market News

President Uhuru Kenyatta has asked those with land through which infrastructural projects are passing through to surrender it. Otherwise, the President said the government will forcibly seize it.   The President said a few individuals will not be allowed to stand in the way of projects that c . . .

Buildings worth billions of shillings will be brought down in Naivasha after the government embarked on expanding the Nairobi-Nakuru highway.   The highway authority had began marking affected buildings in preparation for the construction of the dual-carriage between Rironi and Nakuru town. . . .

 Foreign investors dominate are in a dash for warehouses in the Sh12.5 billion Infinity Industrial Park in Nairobi even before construction starts, the project's realtor has revealed.   This validates recent real estate sector's data indicating high demand for industrial spaces in major . . .

Chinese conglomerate China Wu Yi is building a Sh10 billion housing materials plant in Athi River after bagging major tenders in the country.   The factory, expected to be complete in June, will manufacture precast materials that will also be sold to other construction firms.   The mul . . .

 Nairobi — Before the Kenyan government mooted plans to expand Thika Road in 2009, commuters would waste hours on traffic gridlock.   Many commuters wished for the day the road would be traffic jam-free so that they would cut down on time and fuel.   Since completion of the . . .