Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link. Qalaa controls Rift Valley Railways Ltd., the operator of a railway built almost a century ago running from Kenya’s Mombasa port to neighboring Uganda.   It covers a portion of the same route as a new rail.... Read more »

Posted on : Thursday , 22nd January 2015

 Hai — HAI District has launched the second phase of road maintenance, this time around targeting Hai small town area that was elevated to the status recently.Hai District Commissioner (DC), Mr Novatus Makunga said that the ongoing work involves major renovation of the roads to tarmac level on a piece that links Moshi - Arusha Road with the District Hospital.   Other areas include Gezaulole, Kingerera, Dorcas and Bomani, making.... Read more »

Posted on : Monday , 19th January 2015

 Production of cement, a key construction material, surged past half a million tonnes last July as 11-month tally surpassed full-year figures for the previous two years, latest data show.A total of 500,428 tonnes were manufactured in the month, pushing total production by end of November to 5.21 million tonnes. This is far higher than the 5.06 million tonnes churned out in the whole of 2013 and 4.64 million in 2012.   The 11-month.... Read more »

Posted on : Monday , 19th January 2015

 Nairobi — The construction of the World Bank-funded community water supply on the northern water collector tunnel is set to begin in February and will take about 40 months to be completed.Athi Water Service Board Chief Executive Officer Malaquen Milgo says the Northern collector tunnel is being built to increase water supply to Nairobi having capacity to deliver to Nairobi 140 million litres of water per day.   The Sh6.8.... Read more »

Posted on : Monday , 19th January 2015

 Namanyere — MEMBERS of the Parliamentary Local Authorities' Accounts Committee (LAAC) hailed Nkasi District Council for constructing Lwafi/Katongolo irrigation scheme which will benefit about 40,000 farmers from Kirando and Kipili ward in the area.The project will cost over 9.5bn/- upon completion. LAAC's Chairperson, Ms Felister Bura, said members of the committee were satisfied with the irrigation project and called on.... Read more »

Posted on : Monday , 19th January 2015

THE Minister of Industry and Trade, Dr Abdallah Kigoda, has challenged members of the newly appointed board of directors of the National Development Corporation (NDC) to work together in ensuring that the corporation achieves its intended goals and objectives. He made the remarks in Dar es Salaam when launching the new board. Dr Kigoda said their appointment confirmed that it was important that they work together with the government and have.... Read more »

Posted on : Saturday , 17th January 2015

 OVER 10,000 people are expected to be employed directly and indirectly at the Dangote Cement Factory at Msijute area in Mtwara Region, which is slated to commence production in August.The factory, which is owned by Africa's richest person, Alhaj Aliko Dangote, has as well announced plans to improve social amenities in Mtwara region by constructing a state-of-the-art hospital, a modern marketplace, a school and a police.... Read more »

Posted on : Saturday , 17th January 2015

 The Tanzanian government has signed an agreement with mining companies operating in the country.The agreement sets new terms for royalty payments, scrapping the 15 per cent value-added tax (VAT) relief and increasing the fees companies pay for services they get in the mining areas.   AngloGold Ashanti and Geita Gold Mine were the first companies to sign the deal that replaces the Mining Development Agreement (MDA). Company.... Read more »

Posted on : Saturday , 17th January 2015

 Japan will on Friday advance to Kenya a Sh25 billion loan to fund the second phase of Mombasa port expansion.The money, to be given through the Japan Bank for International Corporation (JBIC), is earmarked for the construction of a new container terminal by reclamation of the West Kipevu to create an additional 3 berths. “The proposed project includes construction of a new port access road connecting the new container terminal with.... Read more »

Posted on : Saturday , 17th January 2015

 Keroche Breweries has invested Sh4 billion to expand its Naivasha plant. Company chief executive Tabitha Karanja said the brewer will also be increasing its range of products. “Keroche is embracing advanced brewing technology to ensure Kenyans and the region get sufficient supply of high-quality bear,” she said. Mrs Karanja spoke in Nakuru yesterday during a marketing tour.She said Keroche is putting up a modern plant which.... Read more »

Posted on : Thursday , 15th January 2015

A Sh10 billion leather hub will be built at Kenania, Athi River, from next month in a quest to revive the tanning industry and make Kenya a big exporter of shoes, bags and other products.   Industrialisation secretary Adan Mohamed said that 500 acres of land had been identified for tanneries, a training centre, manufacturing facilities and a waste treatment plant.   The government will provide land and infrastructure while.... Read more »

Posted on : Thursday , 15th January 2015

The venture, called Impala Villas Rimpa in Ongata Rongai is part of wider plans to develop hundreds of new homes in the outskirts of the city. “By bringing together Sandstone’s development expertise with KCB’s financial might, we hope to transform the land which borders the Nairobi National Park to meet the housing needs of our people,” said Sandstone Development Company Chairman Edward Ndirangu. He said the agreement.... Read more »

Posted on : Wednesday , 14th January 2015