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Dec 04, 2014
On the edge of Kenya's capital, two doors down from a gleaming display of Germany's luxury Porsche cars, another showroom offers Africa's answer to the continent's potholed roads. It's called the Mobius. It has no flashy dials, alloy wheels or electric windows. In...
Nov 28, 2014
Kenya Power plans to spend 8.7-billion shillings ($96.6-million) on new power distribution stations to improve electricity supply aimed at curbing chronic power shortages that companies say have discouraged investments. Kenya Power, the country's main electricity...
Mar 12, 2012
The African Development Bank (AfDB) said on Monday it would loan Kenya 21.8-billion shillings to finance the construction of roads and energy projects in east Africa's biggest economy. The amount brings the AfDB's total support to Kenya for roads and energy to close...
Feb 17, 2012
Vodacom Tanzania, part of South Africa's Vodacom Group, said on Friday it had boosted total users by a third last year and will spend about $94-million over the next year-and-a-half to expand network and data services. Rene Meza, Vodacom Tanzania's MD, said the...
Aug 08, 2011
Tanzania signed an agreement on Monday to borrow $250-million from a consortium of banks led by Stanbic Bank to finance infrastructure projects, a spokeswoman for Stanbic Bank Tanzania said. Tanzania has increased infrastructure spending in its 2011/12 budget by...
Mar 02, 2009
Kenya's economy will be stimulated by infrastructure development this year and should expand by at least 4-4.5 percent, the east African country's finance minister said on Monday. East Africa's biggest economy grew by an estimated 2-2.5 percent in 2008 -- the lowest...
Sep 19, 2008
Aug 26, 2008
Tanzania plans to have about 300 cars running on a hybrid of petrol and compressed natural gas in Dar es Salaam by March 2009, a senior government petroleum official said on Tuesday. It also plans to build three gas filling stations in the same period. The east...
May 07, 2008
Apr 22, 2008
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Feb 29, 2008
Position: CEO, Maponya Group
Jun 29, 2005
Unions have responded to the Chamber of Mines' offer of a 2,5% increase in the gold-mining sector, with two of the three expressing indignation at the offer.
Jan 09, 2004
Uganda announced yesterday a cut in industrial power tariffs by up to 32,4% to encourage manufacturing.
Nov 26, 2003
Barring accidents Sophia Nalujja, a mother of seven living in central Uganda's rural Kayunga district, may never want for anything.
Sep 19, 2003
Kenya is seeking higher compensation for farmers for land bought by Canadian firm Tiomin for atitanium mine it plans to open on the Indian Ocean coast, the environment minister said yesterday.
May 27, 2003
Kenya's government said it had told Canadian miner Tiomin to hike almost tenfold the compensation it would offer farmers for their land if it wanted to pursue longstanding plans to dig titanium.
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