Market News
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Agency to spend Sh2.8b on system to name roads and label buildings
Posted on :Tuesday , 25th October 2016
The Government will spend an estimated Sh2.8 billion on a system that will give names to all roads, and assign numbers to all buildings and parcels of land.
The National Addressing System (NAS), which is being developed by the Communications Authority of Kenya (CA), will enable authorities to pinpoint where every Kenyan lives and works.
It is also expected to enable the Governme. . .
Kenya: The Thrill of Working On New Railway
Posted on :Wednesday , 19th October 2016
A huge red-and-white motivational banner that says "Unskilled worker today, engineer tomorrow" stands on a wall at the Mtitu Rail Girders and Sleepers factory at Kilometre 253 from Mombasa on the standard gauge railway route.
By the time President Uhuru Kenyatta rides on a train from Mombasa to Nairobi, probably in June next year, when construction o. . .South African construction firms to pay US$90M into development fund
Posted on :Saturday , 15th October 2016
A total of Six South African construction firms will contribute a total of 1.25 bn rand ($90 million) in the next 12 years towards a fund kitty towards skill development in the construction sector and give black workers a much bigger role, a cabinet minister said recently.
Ebrahim Patel, the Economic Development Minister said this voluntary contribution by the constructio. . .
Completion of Kenya Outering road now set for September 2017
Posted on :Saturday , 15th October 2016
The completion of the busy Nairobi’s outering road is now set for September 2017, Kenya National Highways Authority(KeNHA) has said.
According to KeNHA officials the project haven’t been implemented about 64 kilometers hence bringing late by two and a half months.Though the Chairman of the Kenya Urban Roads Aut. . .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 . . .Please Select an Option
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