Market News

Dr Guy Scott, the vice president of Zambia has said that the recently unveiled phase of Link Zambia 8000 road project is driving demand for earth-moving equipments in the country. Scott’s message was read by Labour and Social Security Minister Fackson Shamenda in the unveiling of the plaque at . . .

Hong Kong- listed property development Group Shanghai Zendai will be constructing a US$ 7.66bn new Modderfontein City in South Africa starting next year. The project will comprise construction of a university, schools and a contemporary African gallery. Development of infrastructure, among them a Ga . . .

The justice ministry has been receiving bids since June 12 when they announced expression of interest for construction of the complex to be called JLOS House. The complex will be constructed under a Public, Private Partnership (PPP) arrangement, according to a statement from JLOS. Jim Mugunga, the . . .

THE National Housing Corporation will construct 40 housing units in Kisii Town. NHC general manager in charge of technical operations Willis Ouma said the two bedroom units will be built at Nyanchwa estate in the outskirts of Kisii town. Speaking at Deputy Governor Joash Maangi's office last Frida . . .

Previous, the construction of the port at Mbegani creek was estimated to begin next January but speed of negotiations permitted the project to kick off this year, thanks to Big Results Now (BRN) initiative. The Tanzania envoy to China, Mr Abdulrahaman Shimbo told ‘Daily News’ . . .