Venue: KICC, Nairobi, Kenya
Dates: 05 - 07 June 2024
Timing: 10.00 am to 06.00 pm
Business Visitors Only
Kenya has a well-developed building and construction industry with quality engineering, building and architectural design services being readily available. This industry is currently on an upward trend following re-habilitation and reconstruction of roads and bridges etc.
With increase in population, and growing demand for affordable housing, opportunities exist in the construction of residential, commercial and industrial buildings including prefabricated low-cost housing. Investors can also manufacture and supply construction materials and components for the sector.
Pepsi switches on Nairobi soft drinks production plant
Global soft drinks giant PepsiCo has started local production of its brands, raising the competition bar for Coca- Cola, which has dominated the Kenyan market for decades.
The company has been relying on imported drinks after making a re-entry into the Kenyan market in 2010 following an exit in the 1970s.
More than half of new cars assembled in Kenya on lower taxes
More than half of the new vehicles sold in Kenya are now assembled locally, driven by dealers’ bid to lower their tax bill and offer competitive pricing.
Data from the Kenya National Bureau of Statistics shows that 5,456 vehicles were assembled in Kenya in the ten months to October 2012, representing 52.3 per cent of the 10,422 new vehicles sold in the same period.
Kenya Q3 growth rate picks up on agriculture boost
NAIROBI: Kenya’s economy expanded by 4.7 percent in the third quarter of this year from 4 percent in the same period last year, boosted by agriculture and manufacturing, the statistics office said on Monday.
On a seasonally-adjusted basis, east Africa’s biggest economy grew by 2.2 percent in the third quarter, up from 0.5 percent in the second.
House team clears sale plan for Hilton and InterCon hotels
Two leading global hotel chains have been cleared to acquire substantial interests in the Hilton and InterContinental hotels in Nairobi.
The green light follows a proposal by the Treasury to give the Hilton Group of Hotels, InterContinental Hotels Corporation and other shareholders in the establishments priority in buying the shares being offloaded by the Kenya Tourist Development Corporation.
National Housing Corporation enters low-income market
The National Housing Corporation (NHC) has shifted its focus to build smaller houses, costing Sh2 million, as the state-owned firm targets low-income earners.
According to the NHC Managing Director Peter Njuguna, the corporation will next year build 11,000 houses along Nairobi’s Thika Road and in Mombasa, Kisumu and Eldoret that will include one bedroom apartments –  a departure from the usual three to four-bedroom units in upmarket areas.
Kenya: Flower Farm Workers Pay Set to Increase
The minimum salary for flower farm workers in the country is expected to rise to Sh10,000 per month if parliament passes the miscellaneous amendment on the labor institution act.
This would also see the working conditions for the thousands of workers change if thenew salaries are set.
Toyota Kenya Open State-of-the-Art Showroom and Launch New Campaign
After what has been months of admiring the construction of the delightful new behemoth which has been springing up along Nairobi’s Mombasa Road, Toyota Kenya yesterday launched their brand new state-of-the-art showroom at the automobile firm’s headquarters opposite the Nyayo National Stadium.