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Market News

  • Tender winner for the construction of major highways in Zimbabwe to be announced

    Posted on :Tuesday , 27th October 2015

    The tender winner of US $2 billion construction project of major highways in Zimbabwe will be known soon. Three finalists for the dualisation of Beitbridge-Harare and Harare-Chirundu highways have been submitted to the Vice President of Zimbabwe, Emmerson Mnangagwa for consideration before the final winner is chosen.

    The three were selected out of the final 12 and the VP will hav. . .

  • Construction a new wax plant in Africa begins

    Posted on :Monday , 26th October 2015

    Construction work on the second phase of a new wax plant in South Africa has began. The wax plant is at Sasolburg, Mpumalanga. The construction of the plant marks the beginning of the second phase the first one having constructed early this year.

    According to the President and CEO of Sasol Group, David Constable, commissioning of this second phase of the new wax plant in South Af. . .

  • Railway investments in Egypt Set to hit US$11Billion by 2030

    Posted on :Saturday , 24th October 2015

    Railway investments in Egypt are set to hit US$11 Billion by 2030 chairman of Egypt’s National Railway Authority Ahmed Hamid  has announced. He noted enormous growth of the railway system in the country.

    He added that the general investment plan of the authority is represented in three axes: the most important one is the urgent plan, with an estimated value of EGP7.17b. . .

  • BASF Construction launches concrete admixtures production plant in Africa

    Posted on :Saturday , 24th October 2015

     Germany based construction product manufacturer  BASF Construction Chemicals has launched its new concrete admixtures production plant in Nigeria.

     
    The plant is expected to respond to the ever growing demand for concrete admixtures products.
     
    Speaking during a press briefing, Nair Narayanan who is the country Manager for BASF . . .

  • UWA acquires road equipment worth over $1m

    Posted on :Friday , 23rd October 2015

    The African Wildlife Foundation (AWF), through support from Usaid/Uganda Tourism for Biodiversity Programme (T4B), has donated road construction equipment worth $ 1,333,823(about sh4.8b) to Uganda Wildlife Authority (UWA).

     
    The equipment, which was handed over by T4B chief of Party, Kaddu Sebunya, to UWA’s Executive Director, Dr Andrew Sseguya,. . .

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