Market News

 Kenya’s Athi River Mining Company (ARM) has been given the go-ahead to set up a US$ 285m limestone mining plant in Ngaie, Kyuso district.   Minerals executive George Mulatya was pleased when confirming the reports and he said the cement firm is expected to set up a clinker and cem . . .

Technological revolutions could make building cheaper with introduction of Fiber Cement siding, a building material that is used to cover exterior of a building in both commercial and domestic housing applications. Fiber Cement is made of sand, cement and Cellulose fibers.   Fiber cement is m . . .

 FINANCIAL institutions should partner with tertiary ones and county governments to spur development, Kisauni MP Rashid Bedzimba has said.     Speaking during the ground-breaking ceremony for a Shanzu Teachers Training College Business School hostel yesterday, Bedzimba said financi . . .

 The Government of Rwanda is planning to borrow US$1bn to fund various infrastructure projects in the country next year. The most pressing of the development projects on line is the construction of Bugesera International Airport and power plants. The government was forced to borrow from the in . . .

 Nairobi — Kenyan President Uhuru Kenyatta on Friday signed a 480 million U.S. dollar agreement with a Chinese firm for the construction of the first three berths of Lamu Port in the coastal region.     The deal for the three berths under the Lamu Port - South Sudan - Ethiopi . . .