Market News

 Barrow Properties broke ground for construction work on the second phase of Waverley office park in South Africa measuring 3 351m² and 2 123m2. This will create a rentable area of 5 742m² with completion expected for June 2016. According to the MD of Barrow Properties, Paul Barrow,W . . .

The government of Uganda has announced that it was embarking on a road maintenance programme to boost transport. Public roads in Uganda according to the government need a face lift. The maintenance of public roads in Uganda will cost a whopping US$ 26m. Michael Odongo, the executive director o . . .

Anglo American Platinum (Amplats) recently unveiled its 5MW cogeneration power plant in South Africa worth US $10.63m located at its Waterval Smelting Complex in Rustenburg. The cogeneration power plant in South Africa was commissioned by project developer Vuselela Energy and Equity provider H1 h . . .

Infrastructure construction in Egypt is set to improve as the World Bank head Jim Yong Kim expressed his support in various ongoing and upcoming projects. In a meeting with Egyptian president Abdel-Fattah El-Sisi over the weekend in New York the World Bank boss said Egypt has a great potential in . . .

Construction work has begun on different sections of the sites identified for power lines for the Zambia, Tanzania, and Kenya power interconnector. In a recent meeting of energy held in Arusha, Tanzania, for permanent secretaries, senior officials and experts form Zambia, Tanzania and Kenya, it w . . .