Beer Company in Sh2.5 Billion Expansion Plan
Keroche Breweries has embarked on a Sh2.5 billion expansion of its Naivasha brewery. This is party of the company’s plans to boost its market share to 24 per cent by 2014.
The ultra-modern plant, which is expected to be ready next December, will increase the firm’s production capacity to 600,000 from the current 60,000 daily.
Kenya: Row Rocks New Wilson Airport Fencing Project
CONTROVERSY has hit the new fencing project at Wilson Airport with claims that some land has hived off for private development. The Kenya Airport Authority project is being funded by the World Bank. Despite the concerns over the genuine boundary, the fencing of the airport is continuing as scheduled.
Arm Cement Ltd Continues to Post Rise in Profit
Nairobi - ARM Cement Limited (formerly Athi River Mining Ltd) has posted a nine month net profit of Sh826 million marking a 328 percent growth from the previous year's Sh193 million.
Kenya: Iron and Steel Manufacturers Get Boost
Local manufacturers have welcomed the introduction of a 10 per cent duty on imported galvanised wire, saying this will cushion the industry from cheaper imports.
