Ruth Zaipuna is CEO of Tanzania’s NMB Bank
(3 minutes read)
· NMB Bank Tanzania appointed Ruth Zaipuna as its Chief Executive Officer
· She has been serving the bank as the acting CEO...
Present troubles in Ethiopia is a touchstone for the reform process
Will the sporadic ethnic tensions erupting in Ethiopia derail the reform process? This is the billion dollar question being asked by many...
Kenya to have eco friendly bamboo electric posts
( 3 minutes read)
· The Rural Electrification and Renewable Energy Corporation (REREC) of Kenya is seeking 15,000 electricity poles made from...
Kenya to allow Duty-free imports of Maize
To meet the severe .shortfall of local supply and check the soaring prices of maize, Kenya's Treasury is set to open a window for...
Julius Nyerere International Airport opens new terminal
In a bid to position the country as a regional aviation hub,a new world class terminal was opened last week at Tanzania’s...
US unhappy with Kenya’s space programme with China
The US space agency NASA accused China of using the space deal with Kenya to undermine US and other foreign launch and satellite...
US electric motorcycle company to set up plant in Kenya
ALYI added that a letter of intent (LoI) was signed between the company and Kenyan and European-based partners for its new investment...
Seychelles’ Hotel Waldorf Astoria Platte taken over by Hilton Chain
(3 minutes read)
The Waldorf Astoria Platte Island will be the first six-star resort in Seychelles. US$100 million will be invested in the development of...
New Oil depot to come up in Ethiopia
(3 minutes read)
· The Ethiopian Petroleum Supply Enterprise (EPSE) is seeking funds for the construction of a new national fuel depot to increase...
Ethiopia’s Amhara Credit and Savings Institute to become a full fledged bank
(4 minutes read)
· Ethiopia's Amhara Credit and Savings Institute (ACSI) will get converted into a bank soon
· Migration...
