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Market News

  • HFDI to put up Sh5bn estate in Thika Road�s Clay City

    Posted on :Tuesday , 11th October 2016

     The apartments will be built at the former Clay Works off Thika Road in a joint venture with Clay Works Limited which owns the land.

     
    The project will sit on 24.5 acres and will be built in three phases. Phase one will be set on 8.6 acres, Phase two on 10.5 acres and Phase three on 5.4 acres.
     
    James Karanja, the Executive Director . . .

  • Cement firms seek alternative products

    Posted on :Thursday , 6th October 2016

     Cement makers are exploring opportunities for alternative building materials with a view to diversifying their product offering in a bid to stay afloat in the competitive industry, a top official said yesterday.

     
    Savannah Cement managing director Ronald Ndegwa said the industry hopes to increase production capacity for ready-mix concrete deliveries for small to. . .

  • President Uhuru Kenyatta to launch second phase of SGR construction

    Posted on :Tuesday , 4th October 2016

     President Uhuru Kenyatta is set to launch construction of the second phase of the Standard Gauge Railway (SGR) in a fortnight even as Kenyans demand for a bigger stake in the project.

     
    The planned launch of the new phase, from Nairobi to Naivasha, comes at a time when there is growing discontent, especially from the youth that the Chinese are taking up jobs mea. . .

  • Kenya: Kiambu Uses Technology to Build Cheaper Access Roads

    Posted on :Monday , 3rd October 2016

     Kiambu — In efforts to provide durable roads across the county, Kiambu government has over the recent months been searching and developing innovative methods of road design, construction and maintenance in order to maximise the utilisation of the available funds.

     
    One such methods is the use of the soil enhancing stabilisers, a technology globally known a. . .

  • New Road Infrastructure set to Boost Trade Kenya-Uganda Trade

    Posted on :Monday , 3rd October 2016

     Trade between Uganda and Kenya is projected to increase as the construction of a new and shorter route from Mbale to the Lwakaka border post in eastern Uganda kicks off.

     
    The state minister for trade, Michael Kafabusa Werikhe, said when this road is complete, the quantity of exports and imports through Kenya is set to increase.
     
    Wa. . .

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