Market News
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Construction a new wax plant in Africa begins
Posted on :Monday , 26th October 2015
Construction work on the second phase of a new wax plant in South Africa has began. The wax plant is at Sasolburg, Mpumalanga. The construction of the plant marks the beginning of the second phase the first one having constructed early this year.
According to the President and CEO of Sasol Group, David Constable, commissioning of this second phase of the new wax plant in South Af. . .Railway investments in Egypt Set to hit US$11Billion by 2030
Posted on :Saturday , 24th October 2015
Railway investments in Egypt are set to hit US$11 Billion by 2030 chairman of Egypt’s National Railway Authority Ahmed Hamid has announced. He noted enormous growth of the railway system in the country.
He added that the general investment plan of the authority is represented in three axes: the most important one is the urgent plan, with an estimated value of EGP7.17b. . .BASF Construction launches concrete admixtures production plant in Africa
Posted on :Saturday , 24th October 2015
Germany based construction product manufacturer BASF Construction Chemicals has launched its new concrete admixtures production plant in Nigeria.
The plant is expected to respond to the ever growing demand for concrete admixtures products.Speaking during a press briefing, Nair Narayanan who is the country Manager for BASF . . .UWA acquires road equipment worth over $1m
Posted on :Friday , 23rd October 2015
The African Wildlife Foundation (AWF), through support from Usaid/Uganda Tourism for Biodiversity Programme (T4B), has donated road construction equipment worth $ 1,333,823(about sh4.8b) to Uganda Wildlife Authority (UWA).
The equipment, which was handed over by T4B chief of Party, Kaddu Sebunya, to UWA’s Executive Director, Dr Andrew Sseguya,. . .Centum Investment Company - Building Value in Kenya: Ryan Hoover, Investment Analyst, Africa Capital Group
Posted on :Friday , 23rd October 2015
The Nairobi Securities Exchange’s main index has lost 31.7% in U.S. dollar terms since the start of the year in response to security concerns, China’s slowing growth, and a brief experiment with a 5% capital gains tax.
The drop makes for a compelling opportunity to purchase shares of the country’s largest investment holding firm.
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