Market News

Kenya: Cement Production Rises As Construction Thrives
Kenya: Cement Production Rises As Construction Thrives
19 January 2015

 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 . . .

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Kenya: Murang\'a Project to Give Nairobi 140 Million Litres of Water
Kenya: Murang\'a Project to Give Nairobi 140 Million Litres of Water
19 January 2015

 Nairobi — The construction of the World Bank-funded community water supply on the northern water collector tunnel is set to begin in February and will take about 40 months to be completed.Athi Water Service Board Chief Executive Officer Malaquen Milgo says the Northern collector tunnel i . . .

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Kenya signs Sh25 billion deal with Japan for Mombasa port expansion
Kenya signs Sh25 billion deal with Japan for Mombasa port expansion
17 January 2015

 Japan will on Friday advance to Kenya a Sh25 billion loan to fund the second phase of Mombasa port expansion.The money, to be given through the Japan Bank for International Corporation (JBIC), is earmarked for the construction of a new container terminal by reclamation of the West Kipevu to cr . . .

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Keroche pumps Sh4 billion into factory expansion and brand diversity
Keroche pumps Sh4 billion into factory expansion and brand diversity
15 January 2015

 Keroche Breweries has invested Sh4 billion to expand its Naivasha plant. Company chief executive Tabitha Karanja said the brewer will also be increasing its range of products. “Keroche is embracing advanced brewing technology to ensure Kenyans and the region get sufficient supply of hig . . .

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Sh10bn leather hub set to be built in Athi River
Sh10bn leather hub set to be built in Athi River
15 January 2015

A Sh10 billion leather hub will be built at Kenania, Athi River, from next month in a quest to revive the tanning industry and make Kenya a big exporter of shoes, bags and other products.   Industrialisation secretary Adan Mohamed said that 500 acres of land had been identified for tanneries, . . .

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