Six South African construction companies will contribute a total of 1.25 billion rand ($90 million) over the next 12 years towards a fund to develop skills in the sector and give black workers a bigger role, a cabinet minister said on Tuesday.
Posted on : Wednesday , 12th October 2016
Dangote Group of Companies, renowned in the production and distribution of cement in the West African sub-region are now wading into the oil and gas sector and is envisaged to have the largest oil refinery company in Africa.
Posted on : Wednesday , 12th October 2016
Accra — Participants of the Second Africa Oil Governance Summit unanimously recognized that the African Mining Vision could facilitate Africa's accelerated development through value linkages and regional integration.
Posted on : Wednesday , 12th October 2016
Simiyu — Seventy two district councils here have allocated 84,037 acres of land to young entrepreneurs to run businesses. This was revealed here on Sunday by Minister of State in the Prime Minister's Office (Policy, Parliamentary Affairs, Labour, Employment, Youth and the Disabled) Jenista Mhagama.
Posted on : Wednesday , 12th October 2016
Dar es Salaam — Health Minister Ummy Mwalimu on Monday defended the monopoly of the Medical Stores Department (MSD).
Posted on : Wednesday , 12th October 2016
Cotton farmers are set to benefit from a contract signed by revived textile firm, Rivatex East Africa and Meru Ginnery.
Under the deal, Meru Ginnery will get its primary supply of seed cotton from Bura farmers. It will then process this seed cotton to derive cotton lint, which will be sold to Rivatex. The textile firm last year received Sh503 million from the Ministry of Industrialisation and Enterprise Development to buy new equipment.
Meru Ginnery will pay Sh.... Read more »
Posted on : Wednesday , 12th October 2016
More than 30,000 small-scale farmers in Trans Nzoia and Bungoma counties will benefit from a multi-million-shilling agriculture sustainability project.
Milk processor Brookside Dairy has partnered with Livelihoods Fund, a France-based investment solutions provider and Vi Agroforestry, a development organisation in the initiative.
The project aims at boosting milk production in the Mt Elgon catchment from the current 5,000 to 135,000 litres per day over the next.... Read more »
Posted on : Wednesday , 12th October 2016
The pragmatic decision we took in early 2010 to buy 80 per cent of all equipment and materials needed for electricity distribution locally is paying off.
Posted on : Wednesday , 12th October 2016
About 30,000 farmers in Trans Nzoia and Bungoma counties will benefit from a multimillion-shillings agriculture project that seeks to transform the livelihoods of smallholders.
Posted on : Wednesday , 12th October 2016
The Tanzania Electric Supply Company Limited (TANESCO) has signed a US $309.26 million dollars (about 673.62bn/-) contract for implementation of 414 kilometres power interconnection transmission line project to link Tanzania and Kenya.
Posted on : Wednesday , 12th October 2016
THE multimillion-Rand investment in production equipment by local tissue manufacturing company, Twinsaver, will boost supplies to the local and export markets as well as maintain the company’s leading position in the sector.
Posted on : Tuesday , 11th October 2016
South Africa's Mondi has signed an agreement to acquire Beepack from a private investor for 41 million euros ($46 million) as part of plans to expand its packaging business, the paper group said on Monday.
Posted on : Tuesday , 11th October 2016
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