Market News

The government is developing a national legislation to guide counties on revenue collection.   This follows complaints that some devolved units had come up with prohibitive taxes that have scared away investors.   The guide is meant to check on the unnecessary levies that are way above . . .

Mombasa — The government has invested over Sh40 billion in infrastructure projects to accelerate development in the Coast region, President Uhuru Kenyatta has said.   Speaking Monday when he launched resumption of the Mtongwe Ferry Services, President Kenyatta said his administration ha . . .

The construction industry in the country is projected to grow steadily and outperform all Sub-Saharan countries for the next 10 years.   The growth has been based on the government's huge spending on infrastructure projects like the standard gauge railway and the Lamu port alongside foreign i . . .

Dubai, UAE – Expogroup is delighted to announce that Samsung Electronics East Africa has signed up as a sponsor for BUILDEXPO Africa 2017, the 20th edition of East Africa’s largest building and construction show. The events will take place at the Kenyatta International Conference Centre . . .

Cement maker Bamburi Group has reported flat growth in its after-tax profit, citing falling demand in domestic and regional markets as well as rising competition.   The Nairobi Securities Exchange-listed company recorded a profit after tax of Sh5.89 billion for the year ended December 2016, a . . .