Market News

Work on a six-kilometre tarmac road in Lodwar has begun and is expected to be completed in the next nine months. This is an extension of a 3.2 kilometre tarmac road handed over to the county government by the Kenya Urban Roads Authority (Kura) Managing Director Joseph Nkadayo in July. The road, w . . .

National Housing Corporation (NHC) is optimistic that its total project investment will grow to 1.0 trillion/- next year, up from 800bn/- this year due to improved infrastructure in the country.   Speaking in Dar es Salaam over the weekend during the Expo builds and auto mart exhibitions, NHC . . .

Crown Paints has invested $3.6 million (Sh321.59 million) in a new manufacturing plant in Dar es Salaam, it announced yesterday. The money will be released in bits over the next 18 months. This will be its third after Arusha and Mwanza where it already has a presence. "This is our second step into . . .

The National Directorate of Water (DNA) through the Regional Administration of Water South (ARA-Sul) has awarded a contract for the rehabilitation of the damaged bottom outlets and related works on the 48 metre high Massingir dam in the Gaza Province of Mozambique. Aurecon has been appointed to supe . . .

Construction of $31.8b Tanzania China Logistics Centre in Kurasini is on the offing following the release of $0.6b to compensate residents where the project will be based. Speaking to journalists, Dr Abdallah Kigoda, the Minister for Industry and Trade said that the Export Processing Zones Authority . . .