Market News
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Standard Gauge Railway construction project in Kenya to receive more locomotives
Posted on :Wednesday , 13th January 2016
The Standard Gauge Railway construction project in Kenya will receive more locomotives after the Government said it was planning to import 50 locomotives for the project.
New Transport Principal Secretary Irungu Nyakera confirmed the reports and said that the 50 new locomotives that are expected to arrive this year will be an addition to the six that were rece. . .Uhuru opens English Point Marina resort at Kenyan Coastv
Posted on :Wednesday , 13th January 2016
The iconic English Point Marina resort situated at the Kenyan Coast has officially been opened by President Uhuru Kenyatta.
The President was accompanied by Tourism Cabinet Secretary Najib Balala, as well as a host of other Cabinet Secretaries and senior government officials while inaugurating the hotel.The newly launched Marina const. . .Construction industry in Kenya posts impressive growth
Posted on :Monday , 11th January 2016
The construction industry in Kenya defied high interest rates to post impressive growth, a new report by Kenya National Bureau of Statistics (KNBS) reveals.
Data released by KNBS, reveals that the sector grew by 14.1 per cent in the third quarter of 2015 compared to 8.8 per cent over a similar period in 2015.Construction loans t. . .Chinese-Built Roads Ease Travels in Kenya
Posted on :Friday , 8th January 2016
Thanks to the Thika Superhighway completed by Chinese three years ago, travels have become much more comfortable.
The 50 km road is Kenya's first superhighway and one of the most modern pieces of road infrastructure in East and Central Africa.The highway is seen as strategic to Kenya's economy as it connects Nairobi to the ferti. . .Kenya looks to China for further infrastructure and financial development in 2016
Posted on :Friday , 8th January 2016
As 2015 ends, Kenyans have a basketful of expectations in the coming year from the Chinese, who have touched their lives in different sectors.
From infrastructure to technology, Kenyans expect the Chinese to continue investing in the country, and even do more projects than they did in 2015.Bernard Mositet, a government worker, n. . .Please Select an Option
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