Market News

  • Construction firm Murray and Roberts wins big with new International contracts

    Posted on :Saturday , 30th January 2016

     Construction firm Murray and Roberts has announced that its subsidiaries, Clough and CH-IV International have secured contracts for projects in the oil and gas sectors in South Korea and the US.

     
    Construction firm Murray & Roberts, a group of world-class companies and brands is a JSE listed group with headquarters in Johannesburg, South Africa.
    . . .

  • Major road in Kenya to be expanded into dual carriage

    Posted on :Friday , 29th January 2016

     A Japanese firm has been awarded a US$ 13m contract for the expansion of a major road in Kenya into dual carriage, the  Kenya Urban Roads Authority (KURA) has announced.

     
    The Japanese company, World Kaihatsu Kogyo (WKK) is set to commence operations in April this year and will in entails the installation of traffic signals, street lights and walkways to be. . .

  • Kenya�s Nairobi County sets aside US$ 60.5m for roads construction

    Posted on :Thursday , 28th January 2016

     Kenya’s Nairobi County has set aside US$ 60.5m that will be used for the construction, rehabilitation and maintenance of roads in Nairobi and this will lead to the ease of traffic that is majorly experienced in the city.

     
    Nairobi Governor Evans Kidero confirmed the reports and said that this initiative will eventually lead to effective service delivery to. . .

  • Investment holding firm to construct mega cement plant in Africa

    Posted on :Wednesday , 27th January 2016

     Investment holding firm Zambia Consolidated Copper Mines (ZCCM-IH) is set to construct a cement plant in Zambia,Chief Executivve Officer of ZCCM-IH, Pius Kasolo has said. The plant will be set up at Ndola Lime on the Copperbelt with an initial investment worth $600 million.

     
    Mr Pius Kasolo said the plant would be completed in three years time and is expected to. . .

  • Construction of Konza techno city in Kenya boosts Nairobi image

    Posted on :Tuesday , 26th January 2016

     The commencement of the construction on Konza Techno City in Kenya  is laying a solid foundation for the future of Nairobi city and boosting its image as well.

     
    According to a report; The 2016 Jones Lang LaSalle (JLL) City Momentum Index (CMI) Nairobi is currently ranked position one in Sub-Saharan Africa and 11 globally among cities spurring technology an. . .

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