Market News

NAIROBI — It is a massive infrastructure project originating from Kenya, consisting of a 32-berth port on the country’s north coast, a railway, an oil pipeline, highways, international airports, and resort cities.   LAPSSET stands for “Lamu Port, South Sudan, Ethiopia Transp . . .

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

Kenya had the highest number of mega infrastructure projects in East Africa in 2016, Deloitte has said, noting it helped the country to maintain its lead as the regional powerhouse.   There were 11 ongoing projects valued at $7.01 billion (Sh727.98 billion) in the country last year, the consu . . .

The national government has released Sh20 million for the reconstruction of buildings and other amenities destroyed during Al-Shabaab in Lamu County.   Addressing journalists in Lamu town on Monday, Linda Boni Operation Director Mr James Ole Serian said the funds will be used to reconstruct c . . .