Friday, January 19, 2018

Alexander Forbes to construct 20-floor building in Westlands

Alexander Forbes Retirement Fund is set to construct a 20 floor building in Nairobi as it seeks to tap into the growing demand for office space in the city. Located in Nairobi’s Westlands suburb, the...

Toshiba awarded KPLC power contract

Toshiba Transmission and Distribution Systems India (TTDI) has been awarded a US$34-million contract to supply approximately 8 000 distribution transformers in Kenya. Toshiba Corporation Japan announced that Kenya’s electrical grid operator, Kenya Power and Lighting...

Swiss hotel giant partners with Mount Kenya Holiday Homes to construct resort in Nyeri

Multinational hotel chain, Swiss International Hotels and Resorts, is set to construct its first Kenyan outlet on the foothills of Mount Kenya. The hotel chain has entered into a partnership with Mount Kenya Holiday Homes...

Crown Paints unveils Sh400 million plant in Kisumu County

Crown Paints has built a Sh400 million plant in Kisumu County as it seeks to cash in on the growing real estate market in the Western and Rift Valley regions. The new plant has a...
Cytonn Investments embarks on Sh2.5 billion housing project

Cytonn Investments embarks on Sh2.5 billion housing project

Real estate and investments firm Cytonn has launched a Sh2.5 billion construction project for lifestyle community in Nairobi’s Ruaka area. Dubbed ‘The Alma’, the project is a comprehensive residential development encompassing 408 modern apartments, a...
Mitsumi opens new hotel in Nairobi’s Westlands

Mitsumi opens new hotel in Nairobi’s Westlands

Electronics distribution company Mitsumi has opened a mid-level hotel in Westlands as it seeks to cash in on the growing hospitality business in the country. The firm new invested just about Sh2.5 billion in...
Comair, Investec win deal of the year award

Comair, Investec win deal of the year award

South African Aviation Company, Comair and international specialist banking and asset management group, Investec have been awarded the Euromoney Africa Deal of the Year Award for the financing of two new Boeing 737-800 aircraft. Investec...
Fastjet suspends Nairobi-Kilimanjaro flights

Fastjet suspends Nairobi-Kilimanjaro flights

UK budget airline, Fastjet has suspended its flights between Nairobi and Kilimanjaro due to low passenger numbers. The low-cost carrier says it suspended flights between the Tanzanian city and Kenya’s capital on March 21 and...
DHL sees great potential in Africa

DHL sees great potential in Africa

DHL Express Sub-Saharan Africa managing Director Hennie Heymans says that DHL firmly believes that the African continent is still one of the last frontiers for growth. He said the region will continue to grow as...
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