Market News
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Ethiopians inaugurate new Addis Ababa Light Rail Transit project
Posted on :Saturday , 26th September 2015
Ethiopia on Sunday inaugurated a modern rail project that has been constructed by the China Railway Group (CREC) in the capital of the east African country. The electrified Addis Ababa Light Rail Transit (AA-LRT) is the first light railway on the African continent with two lines of a total length of 34 km.
Of the two rail lines, the east-west corridor extends 17.35 . . .Tanzania: In Support of Road Infrastructure Investment
Posted on :Saturday , 26th September 2015
Roads are an integral part of the transport system. They account for more than 90 per cent of all passengers and goods transport in the country.
Our Staff writer Chaby Barasa who recently accompanied CCM Union presidential candidate Dr John Magufuli on a campaign trail in several regions, revisits the crucial role road transport is playing in spearheading economic development in . . .NHC launches sale of new Mtwara houses
Posted on :Thursday , 24th September 2015
Officials of the state-owned real estate developer say the project is part of the NHC ten-year strategic plan spanning 2015 and 2025. Speaking at the launching ceremony in Dar es Salaam, the NHC's Acting Director of Sales and Marketing, Mr Tuntufye Mwambusi, said the Bank of Tanzania (BoT) has already booked 10 of the 30 residential houses.
"The Shangani reside. . .
Construction of Sh12b cement plant in Kenya to kick off next year
Posted on :Thursday , 24th September 2015
Construction work for the long awaited multi-billion cement processing factory project at Sebit in West Pokot County will kick off early next year, company officials have confirmed. Cemtech limited, a subsidiary of India's Sanghi Group of companies will begin construction work for the Sh 12 billion factory after approval by engineers who had earlier raised queries over its site among othe. . .
Clover Mulls Building South Africa\'s First Dairy Mega-Factory
Posted on :Wednesday , 23rd September 2015
Clover Industries Ltd. is considering building South Africa’s first dairy mega-factory to boost exports to the rest of the continent from a country that consumes about 98 percent of the milk it produces, potentially countering the need for future volume and price cuts.
The proposed plant will be built near Estcourt in the eastern KwaZulu-Natal province for 890 million rand . . .Please Select an Option
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