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Tune Hotels to inaugurate 280 room Hotel in Nairobi

By Lilian Kariuki The opening of the budget Tune Hotels along Raphta Road in Westlands will see it become the latest international hospitality chain to invest in Kenya. The 11-storey, 280-room facility which cost an estimated Sh2.9…

CDC injects Sh14bn into Kenya’s ARM

Cement manufacturer ARM Cement Limited has agreed to a Sh14 billion (US$140 million) equity investment from CDC Group – touted to be one of the largest Foreign Direct Investments (FDI) into Kenya. The investment by CDC, the UK…

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