Market News
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East Africa: Demand for Cement in EA Remains Strong
Posted on :Tuesday , 30th June 2015
DEMAND for cement in the East African Region is anticipated to remain strong in the medium term, supported by the resurgence in infrastructure and housing sectors.
Also, apart from the associated energy costs and the availability of cheap imports from some Asian countries, demand for cement in East Africa has continued to rise.
The growing demand for cement is expe. . .Africa: Cement newcomer Sephaku looking to expand trade market after stellar performance
Posted on :Tuesday , 30th June 2015
A “stellar” performance by cementation newcomer Sephaku Holdings’ Métier Mixed Concrete division has swung the group to a full-year net profit of R47.16-million for the 12 months ended March 31, positioning it to expand its market share in what has become a highly competitive domestic cementation market. The group achieved full-year revenue of R775.4-million and e. . .
Volvo launches new Construction Equipment for Africa
Posted on :Monday , 29th June 2015
Volvo Construction Equipment has announced the launch a new series of wheel loaders in Africa
Volvo launches new wheel loader for Africa The G Series has Z-bar linkage and increased hydraulic pressure for powerful digging and complete bucket fill. The G Series, which consists of three machines – the L120GZ, L60GZ, and L90GZ – will be released in Africa, as well . . .Rwanda: Construction of Rwf4 Billion FERWAFA Hotel Starts July
Posted on :Saturday , 27th June 2015
Construction of a four-star hotel, worth Rwf 4billion, by the Rwanda Football Federation (FERWAFA) will commence next month, the Federation president Vincent Nzamwita, has said.
The hotel will be built in four phases and the first phase will include construction of 40 rooms.FIFA has provided a grant of $2,896,640 (approximately Rwf2bn. . .Tanzania: Four-Lane Road Construction Starts
Posted on :Saturday , 27th June 2015
Construction of a four-lane road linking Sakina section of Arusha City with Tengeru Township in Meru has started and the massive infrastructure whose works kicked off last Thursday is aimed at easing congestion along Arusha-Moshi highway.
The four-lane, two track motorway, whose works are kicking off in near Tengeru is part of the implementation of the propose. . .Please Select an Option
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