Market News

The Kenyan government has signed a new agreement that will extend the Mombasa-Nairobi standard gauge railway (SGR) line to Naivasha, a town lies about 120 kms northwest of the capital. The deal was signed by China Road and Bridge Corporation (CRBR) Chairman Wen Gang and Kenya Railways Managing Direc . . .

Joy has been brought to the faces of many residents and road users in the Eastern Region as work is steadily on-going on their roads to make them motorable.   The Mahama led administration in recent times came under serious attacks and criticisms from a cross - section of the public including . . .

 Athi River Mining (ARM) Cement expects profitability to improve now that it produces its own clinker for its East African cement plants, the firm’s managing director has said. ARM Cement, East Africa’s second biggest producer after Bamburi cement, posted a pre-tax loss of Sh473.5 m . . .

The construction of Renaissance dam in Ethiopia is in good course,Dam project director, Simegnew Bekele has announced. Bekele said that the project is steady and they believe it will be completed within the stipulated time. The director added that they are making sure that the project is construc . . .

 Japan through its agency, Japan International cooperation Agency is set to construct a research centre in Ethiopia that will serve as a training and research center throughout Africa.   The construction project dubbed Kaizen institute will be built on a 3,000sqm piece of land at Sar Bet . . .