By GOA International Group
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The Nairobi Hospital has entered into a partnership with the United Nations to set up a Sh1.1 billion coronavirus treatment facility that will offer preference to the global organisation’s workers and family members in Africa. The centre, which will have an operating theatre, laboratory, radiology and physiology services and 150 beds, including 25 intensive-care […]
Kenya’s cement consumption dropped by 8.3 percent in April as the Covid-19 containment measures announced by the government in late March took a toll on construction activity. Latest data from the Kenya National Bureau of Statistics shows that the country consumed 505,958 tonnes in April, down from 551,914 tonnes in March. Cement consumption had been […]
In Nairobi’s Spring Valley, a developer has built smart homes that are ideal in the post-Covid future. In these homes, there is no need to keep touching nobs of appliances, cutting out the possibility of transferring the coronavirus and germs from one location to another or hiring a security officer to man the gate. […]
The shilling slumped to a record low against the dollar on Thursday on stronger demand for the greenback, pointing to a rise in the cost of importing goods into the country in the short term. Commercial banks quoted the shilling at 107.40 to the dollar, an all-time-low, after four successive days of weakening. […]
The European Union (EU) has unveiled a Sh5.1 billion programme to assist Kenyan agricultural ventures access training on innovations and entrepreneurship. Under the deal, 200 agribusinesses selected for the programme will be trained in better agribusiness practices and provided loans to boost their businesses. The advice will be provided to all selected agribusinesses […]
Pan-African housing financier Shelter Afrique plans to raise funds from the bonds market in about two years to fund new real estate projects, the firm said Monday. The company, which is aiming to turn around its fortunes, said however the return to the bond market is still subject to its return to profitability. […]