Market News

 Kenya National Highways Authority (Kenha) has announced that construction of the US$ 186m Nairobi Southern Bypass is expected to be complete by July 2015.   Kenha Special Projects Manager, Paul Omondi confirmed the reports and further stated that the contractor, China Road and Bridge Co . . .

 Government in conjunction with Netherlands firm set to put up ultra modern stadia in three counties A team of stadium experts from Netherlands and Kenya, yesterday visited the site where the High Altitude ultra-modern stadium is set to be built in Eldoret. The project is part of the Jubilee . . .

 Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link. Qalaa controls Rift Valley Railways Ltd., the operator of a railway built . . .

 Hai — HAI District has launched the second phase of road maintenance, this time around targeting Hai small town area that was elevated to the status recently.Hai District Commissioner (DC), Mr Novatus Makunga said that the ongoing work involves major renovation of the roads to tarmac lev . . .

 Production of cement, a key construction material, surged past half a million tonnes last July as 11-month tally surpassed full-year figures for the previous two years, latest data show.A total of 500,428 tonnes were manufactured in the month, pushing total production by end of November to 5.2 . . .