News Headlines

Our collection of news items from around East Africa

Thursday, August 17th 2017
PIC buys stake after foreigners fail to take up offer.
Source: The East African
Thursday, August 17th 2017
East African Portland Cement Company (EAPCC) has tapped Janerose Muthoni Karanja as head of its human resources.
Source: Nation (Kenya)
Thursday, August 17th 2017
Almost a third of the 190 million Nigerians pay bribes to government workers for basic services.
Source: The East African
Thursday, August 17th 2017
We hope to accelerate the provision of electricity across Africa
Source: The East African
Wednesday, August 16th 2017
Donald Trump sent shockwaves across Africa when he said that Agoa was benefiting corrupt regimes
Source: The East African
Wednesday, August 16th 2017
Exporters of vehicles that pass the test will be issued with a certificate of conformity.
Source: The East African
Wednesday, August 16th 2017
Cash will help Housing Finance Bank to grow its books and raise liquidity levels
Source: The East African
Wednesday, August 16th 2017
This was due to the movements in the Central bank Rate which has reduced by 600 basis points to 10 per cent, the lowest point since its introduction in July 2015
Source: Monitor (Uganda)
Wednesday, August 16th 2017
Number of banks on the platform hits 28 since Feb launch.
Source: Nation (Kenya)
Wednesday, August 16th 2017
The retail chain has unilaterally reduced the workers’ shift hours from 13 to 10 hours with the aim of cutting down their overtime pay.
Source: The East African
Wednesday, August 16th 2017
Local marine cargo insurance premium has grown 64 per cent in the first half of the year.
Source: Nation (Kenya)
Wednesday, August 16th 2017
Scarcity of subsidised cheap flour has once again hit Nairobi’s Central Business District.
Source: Nation (Kenya)
Wednesday, August 16th 2017
Commercial oil production is expected to start from 2020.
Source: The East African
Wednesday, August 16th 2017
In its 2017 half year results, the bank revealed an after-tax profit surge of Shs114b, compared to Shs23b over the same period in 2016
Source: Monitor (Uganda)
Wednesday, August 16th 2017
Banks are lending each other at the highest rate in nearly two years, making it costly for small lenders struggling for liquidity to raise funds.
Source: Nation (Kenya)
Wednesday, August 16th 2017
On May 11, Kenya opened its borders to unlimited sugar importation from non-Comesa countries, citing drought.
Source: The East African
Wednesday, August 16th 2017
At least three people suspected to be managers of the scheme have been arrested in connection to the scam, but they all insist that they are also victims
Source: Monitor (Uganda)
Tuesday, August 15th 2017
I joined the Uganda insurance market in 2006 coming in as the assistant general manager in charge of business development. The industry has gone through several developments over the years.
Source: Monitor (Uganda)
Tuesday, August 15th 2017
Services such as theLotter are also available in Uganda, where it is not economically feasible to travel to the United States to purchase lottery tickets
Source: Monitor (Uganda)
Tuesday, August 15th 2017
Uganda, Tanzania and French Oil Company Total E&P, the lead joint venture partner on the Greenfield crude oil export pipeline, are expected to work with European lenders to collect the $3.55b (Shs12.8trillion) capital expenditure for the project.
Source: Monitor (Uganda)

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