Market News
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Tanzania: As Dar Port Gets Sh800 Billion for Expansion
Posted on :Tuesday , 16th September 2014
A MEMORANDUM of Understanding (MoU) between Tanzania Ports Authority (TPA), Ministry of Transport and World Bank, UK's Department for International Development (DFID) with Trade Mark East Africa has been signed for a 500 million US dollars (over 800bn/-) financing f. . .
Link Zambia 8000 road project is driving demand for earth-moving equipments
Posted on :Friday , 12th September 2014
Dr Guy Scott, the vice president of Zambia has said that the recently unveiled phase of Link Zambia 8000 road project is driving demand for earth-moving equipments in the country. Scott’s message was read by Labour and Social Security Minister Fackson Shamenda in the unveiling of the plaque at the U.S$ 14m Barloworld Equipment Kitwe facility.
Scott said the Link Zambia proj. . .
Construction of US$ 7.66b new modderfontein city in South Africa
Posted on :Friday , 12th September 2014
Hong Kong- listed property development Group Shanghai Zendai will be constructing a US$ 7.66bn new Modderfontein City in South Africa starting next year. The project will comprise construction of a university, schools and a contemporary African gallery. Development of infrastructure, among them a Gautrain station planned for the next four to five years, is part of construction works awarded abo. . .
Uganda: 13 firms bid for JLOS House construction
Posted on :Thursday , 11th September 2014
The justice ministry has been receiving bids since June 12 when they announced expression of interest for construction of the complex to be called JLOS House. The complex will be constructed under a Public, Private Partnership (PPP) arrangement, according to a statement from JLOS.
Bagamoyo Port construction starts this year
Posted on :Thursday , 11th September 2014
Previous, the construction of the port at Mbegani creek was estimated to begin next January but speed of negotiations permitted the project to kick off this year, thanks to Big Results Now (BRN) initiative.
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