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East Africa Business - Top News

  • July 6
  • Daily Monitor Ethiopia: Addis to Host African Chamber of Commerce Assembly Next Week

    The Extra-ordinary General Assembly of the Federation of the African Chambers of Commerce, Industry, Agriculture and Professions was set to be held here at the UNECA Conference Center in Addis Ababa from July 6-7, 2009.

  • Daily Monitor Ethiopia: AfDB Set to Start Funding Gibe III - Report

    The African Development Bank (AfDB) is making preparations to start funding the Gibe III dam, a mega project on River Omo whose completion is expected to alleviate electricity crisis in the region, according to a report on Friday.

  • Vanguard Nigeria: Somali 10 - We Saw Hell For 303 Days [interview]

    For the 10 Nigerians who returned home two weeks ago after 303 days in the custody of Somali pirates, the agony they went through is unlikely to go soon. In this interview, the ship captain, Graham Egbegi, recounts what they went through.

  • Business Day Africa: African Eagle to Seek Partner for Tanzanian Mine

    AFRICAN explorer African Eagle Resources would be seeking a partner for its Dutwa nickel project within about a year as it moved into the prefeasibility study stage, operations director Christopher Davies said on Friday.

  • July 5
  • IPS Kenya: Fears Over New Land Deal

    Concern is mounting in Kenya that the government has leased a big slice of agricultural land to the Qatari foreign investors to produce food for export.

  • IPS Sudan: Can Local Investors Beat Foreign Investment?

    Sudan is hoping to use foreign cash to reinvigorate its under-performing agricultural sector, but there is growing disagreement over the extent to which outsiders, rather than local farmers, should be taking control of the industry.

  • July 3
  • allAfrica.com Africa: Good Governance Drive Makes Progress [guest column]

    A day ahead of this year’s African Union summit in Libya, the 11th meeting of the forum of the African Peer Review Mechanism (APRM) took place in the sweltering seaside town of Sirte. Reports emerging from those who attended threw up few surprises and some lingering concerns.

  • New Times East Africa: Rwanda Lauds EAC Customs Union

    Rwanda has officially begun the implementation of the East African Community's Customs Union, two years after her entry into the regional bloc.

  • Nation Kenya: Gloom Over Country's Economic Growth

    There is little chance that the Kenyan economy will improve much in the near future, according to a new international economic report.

  • New Vision Uganda: Zain Launches Money Transfer Service

    ZAIN has launched ZAP, a mobile money transfer service that is expected to further transform the financial services sector.

  • New Vision Uganda: Diamond Trust, Post Bank Team Up

    DIAMOND Trust Bank clients can deposit and withdrawal money form Post Bank branches following the signing of a memorandum between the two banks, writes David Muwanga.

  • New Vision Uganda: Blackberry Safe From Tapping - MTN

    BLACKBERRY mobile phones are safe from tapping since the information is meant for only the sender and receiver, MTN's sales and customer service manager has said.

  • New Vision Uganda: Mombasa Car Depot Gets Licence

    UGANDA's inland car depot in Mombasa has finally been granted a licence to operate after two and a half years since its completion. The car depot, which can handle 3,000 vehicles daily, sits on five acres.

  • New Vision Uganda: Shell Sues Standards Body

    SHELL has sued the Uganda National Bureau of Standards (UNBS) demanding sh768.1m over the closure of its outlets.

  • New Vision Uganda: Mogas Brings New Lubricants

    MOGAS has launched new lubricants for its east and central African operations.

  • New Vision Uganda: MFIS to Get Regulatory Authority

    PREPARATIONS to come up with a microfinance regulatory authority have been finalised by the finance ministry.

  • New Vision Uganda: Take-Over Kampala Market, Bukenya Advises Baganda

    THE Vice-President, Prof. Gilbert Bukenya, has called upon the Baganda to take control of the Kampala market.

  • New Vision Uganda: Govt to Borrow Sh300 Billion for Schools

    PARLIAMENT has authorised the Government to borrow $150m (over sh300b) from the International Development Bank.

  • New Vision Uganda: 'Buveera' Producers Demand Compensation

    PRODUCERS of the banned polythene material want the Government to pay them for the losses they will incur if they close their factories. The producers say they invested billions of shillings to set up the factories.

  • New Vision Uganda: Pallisa Passes Sh19 Billion Budget

    PALLISA district council has passed a sh19.9b budget for the 2009/2010 financial year. Priority was given to construction of more health centres to improve public access to health care.

  • July 2
  • allAfrica.com Africa: U.S. Wants to Spotlight 'Successful Models' And Be An 'Effective Partner' - Obama

    Barack Obama makes his first visit to sub-Saharan Africa as president of the United States next week, following a trip to Russia as well as to Italy, where he will participate in a meeting of industrialized nations known as the G8. AllAfrica's Charles Cobb, Jr., Reed Kramer and Tami Hultman went to the White House to explore President Obama's views on Africa in advance of his visit. The interview ...

  • New Vision Uganda: Oil Firm Pledges to be Open

    Tullow Oil, the biggest oil exploration company in Uganda, has said it is ready to open its books once the legislation on oil contracts is in place in Uganda.

  • This Day Comoros: Air Crash Survivor Speaks

    A 12-year-old girl, Baya Bakari, who is the only survivor of the Yemenia plane that crashed in Comoros Island has narrated how she was thrown into the ocean and watched her aircraft sink. 152 others are presumed to have perished in the accident.

  • Daily Monitor Ethiopia: New Draft Law Proposed to Prevent, Suppress Money Laundering

    Ahead of the completion of this year's parliament's regular session for recess, a new draft law enabling to prevent and suppress illegal act of money laundering presented for discussion among Members of Parliaments on Tuesday.

  • Business Daily Ethiopia: AfDB Set to Start Funding Country's Gibe Dam

    The African Development Bank (AfDB) is making preparations to start funding the Gibe III dam, a mega project on River Omo whose completion is expected to alleviate Kenya's perennial electricity crisis.

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