Market News

  • Ghana: Massive Road Construction Underway

    Posted on :Tuesday , 22nd September 2015

    Joy has been brought to the faces of many residents and road users in the Eastern Region as work is steadily on-going on their roads to make them motorable.

     
    The Mahama led administration in recent times came under serious attacks and criticisms from a cross - section of the public including some traditional rulers in the region who even demonstrated against it to fi. . .

  • Athi River Mining says new clinker plant to boost profit margins

    Posted on :Tuesday , 22nd September 2015

     Athi River Mining (ARM) Cement expects profitability to improve now that it produces its own clinker for its East African cement plants, the firm’s managing director has said. ARM Cement, East Africa’s second biggest producer after Bamburi cement, posted a pre-tax loss of Sh473.5 million ($4.5 million) in the first six months, which the firm blamed on unrealised foreign exchan. . .

  • Reconstruction of roads in Kenyan capital Nairobi to cost US$ 9m

    Posted on :Tuesday , 22nd September 2015

    Plans are underway to reconstruct several roads in Kenyan capital Nairobi at a  cost of US$ 9m, Governor Evans Kidero has announced, adding that the city roads will be repaired and this is according to the county government’s Nairobi Integrated Urban Development Master Plan.

    The reconstruction of roads in Kenyan capital Nairobi will significantly reduce present and fut. . .

  • Construction of Renaissance dam in Ethiopia in good course

    Posted on :Monday , 21st September 2015

    The construction of Renaissance dam in Ethiopia is in good course,Dam project director, Simegnew Bekele has announced. Bekele said that the project is steady and they believe it will be completed within the stipulated time.

    The director added that they are making sure that the project is constructed to standards as they are currently using the latest technology that will ensure t. . .

  • KNBS notes rising demand of cement in Kenya as construction industry booms

    Posted on :Monday , 21st September 2015

     Manufacturers of cement in Kenya are racing to meet high demand of cement  in the wake of many infrastructure construction projects and booming real estate industry in the country, Kenya National Bureau of Statistics (KNBS) has observed.

     
    According to statistics from the (KNBS), the production of cement in Kenya last year was 5.88m tones which is a 16 per . . .

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