Market News

Nairobi — The National Construction Authority (NCA) has registered 18,000 contractors in different categories ranging from building, civil works and other specialised fields.   NCA Executive Director Daniel Manduku said over 150,000 construction workers and site supervisors had been acc . . .

The construction of phase II of Mombasa port terminal in Kenya will start early  2017, Kenya Ports Authority managing director Gichiri Ndua has said. When complete, the second container terminal  will provide and additional capacity of 470,000 and 550,000 TEUs. Mr Ndua added that the co . . .

Four industrial parks in Ethiopia will be constructed in the next two years that will cost US$ 2bn, a senior government official has confirmed. Trade and industry State Minister Tadesse Haile confirmed that the concerned people have finalized on the inspection of four more parks in the eastern to . . .

Lubango — A housing complex comprising 103 houses was inaugurated on Saturday in Lubango, southern Huila province, by the minister of transport, Augusto da Silva Tomás.   The project, built in two years, is part of the project of rehabilitation and modernization of Moç&aci . . .

Lilongwe — The Malawi government has expressed satisfaction with a chinese-funded national stadium scheduled to complete later this month in Malawi capital, Lilongwe.   In a tour of the multi-million dollar facility on Wednesday, Minister of Transport and Public Works Francis Kasaila sa . . .