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Market News

  • Kenya: Chinese-Built Highway Delights Kenyans, Stimulates Business

    Posted on :Monday , 22nd August 2016

     Nairobi — Before the Kenyan government mooted plans to expand Thika Road in 2009, commuters would waste hours on traffic gridlock.

     
    Many commuters wished for the day the road would be traffic jam-free so that they would cut down on time and fuel.
     
    Since completion of the 50km highway that links Nairobi and the satellite town . . .

  • Kenya: New Sh10 Billion International Airport to Be Constructed in Embu

    Posted on :Monday , 22nd August 2016

    A Sh10 billion international airport is set to be built in Embu, Governor Martin Wambora has announced.

     
    Mr Wambora said his administration was working with the national government to extend the airstrip at Don Bosco and transform it into international standards.
     
    A group of foreign investors, he said, had agreed to elevate the airstrip . . .

  • Kenya: Construction of Sh5.5 Billion Situ Village Project Begins

    Posted on :Friday , 19th August 2016

    The construction of a Sh5.5 billion exclusive gated community offering a live, work and play environment has started in Karen, Nairobi.

     
    Two weeks ago, Cytonn, a leading real estate developer, broke ground at the construction site of Situ Village in Ololua Forest.
     
    This is one of the firm's over Sh73 billion real estate projects in the p. . .

  • Water service providers urged to adopt latest technology

    Posted on :Wednesday , 17th August 2016

    Water services providers have been trained on improving quality of water through the use of technology to monitor chemical levels.
     
    The training conducted by energy and water solutions services company Davis&Shirtliff brought together members of the Water Services Providers Association, who were shown available technologies for monitoring usage, metering and . . .

  • China-funded modern railway wins acclaims from African diplomats

    Posted on :Wednesday , 17th August 2016

    The China-funded Mombasa-Nairobi railway in Kenya, which will eventually extend to the entire East African region, has won acclaims from African diplomats. 
     
    Thirteen African countries' diplomats in Kenya on Tuesday visited construction sites of the China-funded Mombasa-Nairobi railway in the country, hailing it as an embodiment of thriving China-Africa ties. . .

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