Information reaching XYZ BUSINESS indicates that fire has gutted part of pharmaceutical company Dannex.

Dannex shares a wall with AshFoam ltd in the North industrial area in Kaneshie.

This comes a few hours after fire gutted eight kiosks, three containers and two rooms near the new Lapaz market.

The severe nature of the fire is believed to have extended to the premises of Ashfoam.

It is however unclear what started the fire and the extent of damage.

There are six fire service tenders at the premises making efforts to put off the fire.

Nana Akua, an eyewitness told XYZ Business the fire personnel are working to bring the situation under control.