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HomeDaily NewsTuesday, March 17, 2026Stecol Corporation Wins Sh38.7bn Kiambu Road Dualling Contract - March 2026
Business & Economy3 stories from 1 sources

Stecol Corporation Wins Sh38.7bn Kiambu Road Dualling Contract - March 2026

Chinese firm Stecol Corporation has won a Sh38.7 billion contract to dual the Muthaiga–Kiambu–Ndumberi Road in Kenya, a project designed to significantly reduce traffic congestion. At the same time, Chinese online retailer JD.com has launched its new platform, Joybuy, in the UK, aiming to compete with giants like Amazon. Elsewhere, United States President Donald Trump is seeking to delay a significant meeting with Chinese President Xi Jinping, originally scheduled for late March. These three stories highlight the expanding presence of Chinese companies and investments in multiple regions, from infrastructure projects in Kenya to retail competition in the UK, while also reflecting the complex diplomatic dynamics between the US and China.

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Tuesday 2:18 PMCapital Business

Chinese firm wins contract for Sh38.7bn Kiambu Road dualling

Chinese firm wins contract for Sh38.7bn Kiambu Road dualling

Chinese firm Stecol Corporation has won a Sh38.7 billion contract to dual the Muthaiga–Kiambu–Ndumberi Road in Kenya, a project designed to significantly reduce traffic congestion.

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Key Highlights

Chinese firm Stecol Corporation has won a Sh38.7 billion contract to dual the Muthaiga–Kiambu–Ndumberi Road in Kenya, a project designed to significantly reduce traffic congestion.

  • The 23.5 km project is financed by a loan from China’s EXIM Bank.
  • The contract signing was witnessed by Cabinet Secretary Davis Chirchir, with representatives from Stecol Corporation and the Director General of KURA, Eng. Silas Kinoti, present.
  • The road will be upgraded to a four-lane dual carriageway featuring service lanes, pedestrian walkways, and six footbridges, and is expected to be completed within 36 months.
Tuesday 8:19 AMCapital BusinessFirst

Trump seeks to delay meeting with Xi in China

Trump seeks to delay meeting with Xi in China

United States President Donald Trump is seeking to delay a significant meeting with Chinese President Xi Jinping, originally scheduled for late March.

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Key Highlights

United States President Donald Trump is seeking to delay a significant meeting with Chinese President Xi Jinping, originally scheduled for late March.

  • The proposed delay is by approximately one month, with the meeting intended to take place between March 31 and April 2.
  • The primary reason cited for the delay is the ongoing Iran war and Trump's need to oversee the war effort.
  • This development follows recent US-China negotiations in Paris regarding trade and investments, amidst growing global economic tensions.
Tuesday 11:02 AMCapital Business

Chinese retailer rivalling Amazon launches in UK

Chinese retailer rivalling Amazon launches in UK

Chinese online retailer JD.com has launched its new platform, Joybuy, in the UK, aiming to compete with giants like Amazon.

Read Story

Key Highlights

Chinese online retailer JD.com has launched its new platform, Joybuy, in the UK, aiming to compete with giants like Amazon.

  • JD.com plans to offer next-day delivery to approximately 17 million UK households.
  • The company is operating from distribution sites in Milton Keynes and Luton.
  • This expansion follows JD.com's previous interest in acquiring UK retailers Currys and Argos.
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