Market News

Freedom Property Fund kicks off new residential developments
Freedom Property Fund kicks off new residential developments
11 August 2014

 Newly-listed Freedom Property Fund today announced it has launched several major projects, including two residential property developments, which will boost its portfolio of income-generating rental stock. It is also unlocking capital by releasing residential properties for strategic sale to t . . .

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Kenya: China to Ship in 5,000 Foreign Workers for the Mombasa-Nairobi Standard Gauge Railway Project
Kenya: China to Ship in 5,000 Foreign Workers for the Mombasa-Nairobi Standard Gauge Railway Project
8 August 2014

 China Road and Bridge Corporation will bring in 5,000 workers to work on the standard gauge railway, Kenya Railways MD has said.     The works on the 609km railway is expected to kick off in September after a frosty start that was marred with claims of corruption. Parliament gave . . .

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Construction works of Taveta-Mwatate Road begins
Construction works of Taveta-Mwatate Road begins
28 July 2014

President Uhuru Kenyatta commissioned construction works of the crucial road that traverses across the vast county and which has been ignored since independence. Local leaders lauded President Kenyatta saying the tarmacking of the road will not only spur growth in the county but ease transportati . . .

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