Market News
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Kenya signs on to extend Mombasa railway through to Naivasha
Posted on :Wednesday , 23rd September 2015
The Kenyan government has signed a new agreement that will extend the Mombasa-Nairobi standard gauge railway (SGR) line to Naivasha, a town lies about 120 kms northwest of the capital. The deal was signed by China Road and Bridge Corporation (CRBR) Chairman Wen Gang and Kenya Railways Managing Director Atanas Maina during a Cabinet Steering Committee on SGR meeting chaired by President Uhuru Ke. . .
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. . .Please Select an Option
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