Market News

 Makerere University in Uganda which is among the oldest institutions of higher learning in the country has started constructing the proposed US$ 12.4m buildings which will help curb the teaching space shortage at the university.   The project which is being undertaken by Excel Construct . . .

 An Egyptian Construction firm Arab Contractors Company is set to enter into the Kenyan construction market and commence operations in the fields of roads, bridges, and other general infrastructure opportunities.   This decision was decided upon after the two countries, Kenya and Egypt m . . .

 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 a . . .

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 inaugurat . . .

 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 . . .