Tanzania saves US$#15.6 billion switching to natural gas
(4 minutes read)
· Tanzania recorded an energy saving to the extent of US$15.6 billion by switching over to natural gas as...
Technology Companies lead employment providers in Kenya
(4 minutes read)
· Technology companies, the public service and non-governmental organizations (NGOs) offered the most new jobs in Kenya during the...
Kenya’s stock market dithers; volumes down
(3 minutes read)
· Nairobi Securities Exchange (NSE) recorded a decline in volumes and turnover ahead of the Christmas holiday
· ...
NSE saw record withdrawal by Foreign investors in 2020
Nairobi Securities Exchange (NSE) saw record withdrawal by foreign investors at Sh29.01 billion in 2020.
Foreigners constitute about 70 percent of daily trading...
Waiver on M-Pesa pushes up Safaricom stock price
· Safaricom share price shoot up to touch an all-time high of Sh34.25 per unit according to market data released by the Nairobi Securities...
Uganda and Tanzania to become more transparent in the Extraction sector
Tanzania and Uganda, who are subscribers to the Extractives Industry Transparency Initiative (EITI) will be obliged to publicly publish new and amended contracts signed...
Fighting still continues in East Africa: Claims TPLF
(3 minutes read)
· Peace has not fully descended in the Horn of Africa region as the Tigray People's Liberation Front, (TPLF), ...
Hospitality industry in Kenya limping back
(3 minutes read)
· Hospitality industry in Kenya is expected to bounce back during Christmas and New Year enabling the industry players to offset...
Tensions in East Africa: Ethiopia and Sudan blame each other
(4 minutes read)
· Tensions are mounting between Sudan and Ethiopia as the former deployed significant military reinforcements along its eastern border...
Huawei Technologies to expand footprints in Ethiopia
Huawei Technologies is poised to expand its footprints in Ethiopia, as the East African economy opens up its telecommunications sector.
The company is...
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