Market News

Rehabilitation of Tanzania, Kenya and South Sudan Road Corridor Planned
Rehabilitation of Tanzania, Kenya and South Sudan Road Corridor Planned
25 June 2016

Nairobi — The Kenya National Highways Authority (KeNHA) has called for bids on the rehabilitation of the Isebania-Kisii-Ahero Road which is slated to start sometime this year.   According to the authority, the road project which will be carried out in two lots will have Lot 1 starting f . . .

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Tanzania: Construction of TZS 19 Billion Road Underway
Tanzania: Construction of TZS 19 Billion Road Underway
23 June 2016

Dodoma — Deputy Minister for Works, Transport and Communications, Eng Edwin Ngonyani, has said the construction of 109.4 kilometres at a tarmac level of Njombe-Ndulamo-Makete road will start this financial year.   He was responding to a main question by Lucy Mlowe (Special Seats - CCM), . . .

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Tanzania: Multi-Billion Housing Project Launched by Saccos
Tanzania: Multi-Billion Housing Project Launched by Saccos
17 June 2016

Musoma — A Savings and Credit Cooperative Society (Saccos) has launched a four-year housing loan scheme for its members.   Speaking during the launch on Tuesday, Imara Saccos manager Hildagadis Kinanda said the cooperative society had set aside Sh3.5 billion for the first phase of the p . . .

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Tanzania: Foundation Stone Laid for New 'Safari City' Outside Arusha
Tanzania: Foundation Stone Laid for New 'Safari City' Outside Arusha
14 June 2016

In a few years from now many of the Arusha urban residents will be living some ten kilometres from the current city, following the laying of foundation for the proposed new 'Safari City,' to mushroom in Matevesi area.   The new city planned, drawn and being executed by the state-run, National . . .

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East Africa: EAC Budget Focuses On Energy, Infrastructure Sectors
East Africa: EAC Budget Focuses On Energy, Infrastructure Sectors
10 June 2016

East African Community (EAC) member states have prioritised development expenditure as countries look to further strengthen the growth agenda of the regional economies. In the national budget estimates presented yesterday, the regional bloc's biggest economy Kenya will be spending $22.8 billion, Tan . . .

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