Market News
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Kenya: Tarmac road to be built in Lodwar
Posted on :Friday , 14th November 2014
Work on a six-kilometre tarmac road in Lodwar has begun and is expected to be completed in the next nine months.
NHC projects 1.0 trillion/- investment by 2015
Posted on :Thursday , 6th November 2014
National Housing Corporation (NHC) is optimistic that its total project investment will grow to 1.0 trillion/- next year, up from 800bn/- this year due to improved infrastructure in the country.
Speaking in Dar es Salaam over the weekend during the Expo builds and auto mart exhibitions, NHC Director General, Nehemiah Mchechu said project investments are growing fast. . .
Tanzania: Crown Invests Sh321 Million in Dar es Salaam Plant
Posted on :Friday , 31st October 2014
Crown Paints has invested $3.6 million (Sh321.59 million) in a new manufacturing plant in Dar es Salaam, it announced yesterday.
Massingir dam in Mozambique to be rehabilitated to improve safety
Posted on :Monday , 6th October 2014
The National Directorate of Water (DNA) through the Regional Administration of Water South (ARA-Sul) has awarded a contract for the rehabilitation of the damaged bottom outlets and related works on the 48 metre high Massingir dam in the Gaza Province of Mozambique. Aurecon has been appointed to supervise the construction of these rehabilitatio. . .
Construction of $31.8b Tanzania China Logistics Centre to start soon
Posted on :Monday , 6th October 2014
Construction of $31.8b Tanzania China Logistics Centre in Kurasini is on the offing following the release of $0.6b to compensate residents where the project will be based. Speaking to journalists, Dr Abdallah Kigoda, the Minister for Industry and Trade said that the Export Processing Zones Authority (EPZA) has already received the money for th. . .
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