Rebuilding of a section of the Jomo Kenyatta International Airport that was consumed by a fire in August last year is expected to be completed on schedule after the airport manager received Sh1.47 billion in final compensation from insurers.The payment brings to Sh1.97 billion the money the Kenya Airports Authority (KAA) has received for the condemned international arrivals terminal whose site preparation started in December. “The full settlement will enable us to restore the facilities at the airport, which is the main gateway into East Africa,” KAA managing director Lucy Mbugua said on day during the cheque presentation by APA Insurance. Swiss Re, Africa Re, Kenya Re, Zep Re and East Africa Re were secondary insurers. Investigators attributed the fire to an electric fault, leading APA to pay Sh500 million in December.@businessdaily

 

A state body wants Chinese contractors participation in local construction work limited.National Construction Authority says it will be releasing guidelines to check the growing influence of orientals on the local construction scene.This follows numerous complaints by local constructors that the Chinese are taking all the big projects.Local companies are now edged out of public infrastructure work to private ventures. The authority says it will lobby the national assembly and the committee on delegated legislation to have rules capping Chinese contractors participation in Kenya building industry.@nation

Foreign construction and building companies will be required to cede a minimum of 30 per cent of their ownership to local companies when establishing their offices in Kenya. The requirement that targets foreign companies is part of a raft of regulations that have been formulated by the Government to streamline the building and construction industry. The regulations come at a time when foreign construction companies especially from China have dominated the local building and construction industry. The rules also seek to enhance training and research. @standardmedia

A battery that can charge in under 30 seconds has been shown off at a technology conference in Tel Aviv.Israeli start-up StoreDot displayed the device – made of biological structures – at Microsoft’s Think Next Conference. A Samsung S4 smartphone went from a dead battery to full power in 26 seconds in the demonstration. @bbc

A bug in software used by millions of web servers could have exposed anyone visiting sites they hosted to spying and eavesdropping, say researchers. The bug is in a software library used in servers, operating systems and email and instant messaging systems. Called OpenSSL the software is supposed to protect sensitive data as it travels back and forth. It is not clear how widespread exploitation of the bug has been because attacks leave no trace.@bbc

An ultra-cheap 3D printer has hit its Kickstarter goal in just 11 minutes, with some lauding it as the first mass market version of the technology. Makers M3D have currently raised over $1m (£597,000) well ahead of their $400,000 target with 28 days to go. Early backers will get the machine for just $199 and other backers can pledge as little as $299. Dubbed Micro, it comes with easy-to-use software that allows users to search, drag and drop objects to print.@bbc

Toyota Motor Corp, in its second-largest recall announcement, said on Wednesday that it would call back 6.39 million vehicles globally after uncovering five different faults involving parts ranging from steering to seats. The world’s biggest automaker said it was not aware of any crashes or injuries caused by the glitches, which were found in 27 Toyota models including the RAV4 and Yaris subcompact. Toyota said faults were also found in the Pontiac Vibe and the Subaru Trezia, two models the automaker built for General Motors and Fuji Heavy Industries. @standardmedia

 

Leave a Reply