Market News

An Indian company yesterday concluded agreement that enables it to mine marble in Benshangual-Gumuz State.   Samaka Stones Private Limited Company has reportedly allocated close to 2.9 million USD to commence the production of 131,600 cubic meters of marble annually.   During the signi . . .

Burera District is constructing a new hotel in a bid to enhance tourism in the area. The Burera Beach Resort Hotel is situated in Kagogo Sector on the shores of Burera and Ruhondo lakes.   The hotel is being constructed a Japanese firm, Noguchi Holdings LTD. The construction is projected to b . . .

The 225-MW wind farm in Ghana is set to commence construction any time in 2016. The project is owned by Ireland based company Mainstream Renewable Power after it acquired the project from Swiss-based developer NEK Umwelttechnik last year.   Mainstream’s Business Development Manager, Chr . . .

 The Tanzania Building Agency is to construct 10, 000 houses which will benefit civil servants in Tanzania who will wholly own them. The objective of this initiative is to provide quality and environmentally friendly accommodation to the government and public servants through efficient and effe . . .

 Sub Saharan African construction industry could be losing hundreds of millions of dollars in project maintenance costs due to poor piling practices. What most project developers ignore is that there is still no alternative to good piling practices.   It’s incredible how far constr . . .