DAR ES SALAAM (Reuters) - Tanzania's government has set an economic growth target of 7.5 percent in 2017, compared to an estimate of 7.2 percent this year, and plans to hike spending in the 2017/18 fiscal year by 11.5 percent to 32.9 trillion shillings ($15.1 billion).
Posted on : Thursday , 3rd November 2016
Nairobi — Fuel-seller Nancy Kaisa has for years used solar power to light her premises at the Entasopia shopping centre in Kajiado, in southern Kenya. But recently she's started using energy from a solar mini-grid system to operate her fuel pumps and meet her other energy needs, ditching her diesel generator.
Posted on : Thursday , 3rd November 2016
The Foreign Direct Investment, FDI, to East Africa grew last year despite an overall drop across Africa from $87 billion to $66.5 billion.
Posted on : Thursday , 3rd November 2016
The Government is moving to upgrade infrastructure as it readies to start moving crude oil from Turkana to Mombasa.
Deputy President William Ruto yesterday commissioned the construction of roads between Lesseru in Eldoret and Amosing in Lokichar that will be used by trucks moving the crude oil from the oil fields of Turkana to Mombasa for export.
The Kenya National Highways Authority (KeNHA) has awarded contracts to seven contractors, who will build separate lo.... Read more »
Posted on : Thursday , 3rd November 2016
A group of Kenyan investors under the trade name Icolo.io is building a Sh850 million data centre in Nairobi. The construction commenced last month and is set to be completed by the end of 2017. The data centre will be situated on land leased from Catholic University of Eastern Africa, and will span 27,000 square feet.
“The data centre will be built in two phases,” icolo.io Chief Executive Officer Ranjith Cherickel said yesterday during a media briefing. &l.... Read more »
Posted on : Thursday , 3rd November 2016
The introduction of the EverestRead more » Posted on : Thursday , 3rd November 2016
Famous Brands reported a 71% increase in headline earnings per share on Monday, as the company continued to build capability and capacity amid its merger and acquisition spree.
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Posted on : Thursday , 3rd November 2016
President John Magufuli has assured Kenyans who wish to invest in Tanzania to come and establish businesses, dismissing claims that his administration has been frustrating Kenyan traders and ignoring issues concerning the East African Community.
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Posted on : Wednesday , 2nd November 2016
Microsoft co-founder Paul Allen plans to sell 10 small-scale solar plants in Kenya that his private company has constructed in recent years.
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Posted on : Wednesday , 2nd November 2016
The third annual iPAD Rwanda Energy Infrastructure Forum could act as catalyst for the country to attract private investors into the crucial sector, utility experts have said.
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Posted on : Tuesday , 1st November 2016
Tanzania and Kenya have agreed on a time line to start the construction of two link roads meant to improve the movement of goods and people between the two countries.
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Posted on : Tuesday , 1st November 2016
TAHA has recently witnessed a surge in the
Posted on : Monday , 31st October 2016
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