Bomag has extended its range of products with the addition of a new recycler and soil stabiliser, the MPH 364
Posted on : Thursday , 24th September 2015
THE official visit to Tanzania last week of more than 50 Norwegian business leaders led by Minister of Trade and Industry, Ms Monica Maeland, has come at a time when bilateral business ties are witnessing strong momentum.
Tanzania has for several decades been one of the most important countries to Norwegian development cooperation. Norway is today heavily involved in climate change issues, strengthening of public revenue management, clean energy, petroleum administrat.... Read more »
Posted on : Thursday , 24th September 2015
Kenya and Norway are seeking close business ties to strengthen economic growth and create jobs in the two countries. A high-powered business delegation from Norway is in the country led by the nation’s Minister of Trade and Industry Monica Maeland to seek available business opportunities in Kenya. According to Kenya’s ministry of Foreign Affairs and International Trade, the volume of bilateral trade between the two countries increased steadily from $12 million (Sh 1.26 b.... Read more »
Posted on : Thursday , 24th September 2015
Construction work for the long awaited multi-billion cement processing factory project at Sebit in West Pokot County will kick off early next year, company officials have confirmed. Cemtech limited, a subsidiary of India's Sanghi Group of companies will begin construction work for the Sh 12 billion factory after approval by engineers who had earlier raised queries over its site among other issues. Residents, some of whom expected to benefit either directly or indirectly with t.... Read more »
Posted on : Thursday , 24th September 2015
TRADE Mark East Africa (TMEA) has pledged to support Tanzania to capitalise on its comparative advantage on rice production by increasing sales of the commodity in the regional markets.
The TradeMark East Africa (TMEA) Country Director, Dr Josephat Kweka, said in Dar es Salaam at the high level policy dialogue for rice value chain stakeholders in the EAC Common Market that although Tanzania leads in rice production it was still not able to take advantage of the readily availa.... Read more »
Posted on : Thursday , 24th September 2015
The Kenya Revenue Authority aims to fully automate its goods clearance and cargo tracking systems within two years as part of a strategy to seal revenue loopholes.
The country losses substantial revenue through suspected under-declaration of the value of exports or theft of cargo at a time when the taxman is under pressure to meet collection targets.
KRA targets a 100 per cent coverage of goods under electronic control by 2017/2018 from a current baseli.... Read more »
Posted on : Thursday , 24th September 2015
As the curtains came down after a successful and exciting Three-day interiors exhibition at the Big3Africa 2015, at the KICC, Nairobi, Kenya one thing came out clearly. Not only are the lifestyles, tast.... Read more » Posted on : Thursday , 24th September 2015
China recently endorsed a new deal with the Kenyan government to extend the Mombasa-Nairobi Standard Gauge Railway (SGR) line to Naivasha. This was a follow-up to the $13.8 billion project that started in January, which is aimed at easing and increasing transport capacity in Kenya vis-a-vis other East African countries. It will also aid interconnection and regional integration, the outcome of which will be economic development for Kenya and neighboring East African countries.
.... Read more »
Posted on : Thursday , 24th September 2015
Cemtech Limited is set to commence in January the construction of a US$ 95m cement plant in Kenya in West Pokot County.
The feasibility study for the project which was commissioned in 2010 by the Kerio Valley Development Authority (KVDA) shows that the area has large limestone deposits with the possibility of producing 1.2 million tons of cement annually.
Cemtech’s General Manager, Diptish Nandha confirmed the news and said that they have finalize.... Read more »
Posted on : Thursday , 24th September 2015
East Africa has its first boutique Insurance Intermediary Company set up to provide niche and specialist insurance solutions to oil and gas exploration firms and their contractors.
Underwriting Africa whose headquarters are based in Nairobi has among its Reinsurance Partners Swiss Re with other brokerage partners in London and Paris.
On the oil and gas front the company will fill a gap that has been void in the local space allowing the importation of sp.... Read more »
Posted on : Thursday , 24th September 2015
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Posted on : Thursday , 24th September 2015
Five solar power projects, valued at a total of US$250mn, have been licensed by the Zimbabwe Energy Regulatory Authority (ZERA)
Posted on : Wednesday , 23rd September 2015
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