UP TO $5.5m (about sh11b) is needed to rehabilitate the MV Pamba and MV Kaawa ships grounded at the Port Bell Pier, a top official has estimated.
SONY International wants to increase its market share in East Africa to 25%, top managers indicated this week.
CENTENARY Bank is committed to providing small loans to the poor to fight poverty and improve their standards of living, Prof. Ssentamu Ddumba, the board chairman, has said.
THE Government is sourcing for funds to finance the construction of a new $100m (about sh215.4b) bridge across River Nile in Jinja.
The news that an employee of Mulago Hospital working with the anatomical pathology department jumped to his death from the 6th floor, must be an eye opener not only for Mulago, but other hospitals and work places.
THE Government plans to extend the growing of oil producing palm trees to districts outside Kalangala.
A commuter taxi slid off a ferry and fell into Lake Victoria at the Bukakata landing site yesterday morning, killing a woman who was aboard.
ABOUT 40 people survived with minor injuries on Monday morning following two accidents at Wampewo roundabout on Jinja Road. In the accidents, two lorries separately rammed into eight vehicles, damaging them.
The Kwara State government has vowed to deal ruthlessly with any farmer who foment trouble and threaten the peace of the state over the election of Alhaji Abdullahi Hassan-led leadership of All Farmers Association, AFAN, state chapter held recently.
Since the smugglers and their fake producer counterparts are threatening to take the African market away from genuine product manufacturers, world household electronics and mobile phone manufacturers Samsung and Mehdi Global Services (MGS) Limited, are thinking of a way to fight back.
For a certainty, we cannot rule out the profound effect of modern technology on global civilization.
VISAFONE has announced readiness to comply with the CDMA Development Group"s (CDG) Open Market Handset, OMH initiative. This would probably make it the first operator in Africa to do so.
An Abuja high court sitting in Maitama, yesterday, slated January 25, next year, for the re-arraignment of the indicted former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Mr. Ransome Owan and six other top officials of the commission, who were charged to court by the Economic and Financial Crimes Commission, EFCC, for allegedly diverting about N5 billion from the coffers of ...
KINGDOM Financial Holdings Limited is currently working on plans to relist its shares on the Zimbabwe Stock Exchange and is also mulling a possible listing on the Johannesburg Stock Exchange's Africa Board.
THE Tobacco Industry and Marketing Board has started drawing down on the US$2, 3 million facility it secured with CBZ Bank for its input scheme for small-scale and communal tobacco growers.
CFX Bank that was last month convicted of fraud has been fined US$500 and ordered to restitute US$250 000 to a local company it swindled in an agricultural equipment supply deal.
The FCT sector command of the Federal Road Safety Commission yesterday arraigned 66 drivers at a mobile court in Abuja.The drivers were convicted for committing 90 traffic offences, ranging from speed limit violation, overloading, dangerous overtaking, usage of phone while driving, failure to use seat belt and dangerous driving.
Some fuel station owners in Dar es Salaam have been stealing from customers by tampering with pumps, according to the Weights and Measures Agency (WMA)
The Zanzibar Business Council starts its two-day meeting today to discuss ways of improving agriculture in the Isles.
The Bank of Tanzania (BoT) has provided the government with almost Sh600 billion from the stimulus package to help fill revenue collection gaps.
The University of Dar es Salaam Computing Centre (UCC) yesterday launched a two-year project on capacity building on the effective use and management of information and communication technology in the public sector.
The National Board of Accountants and Auditors (NBAA) has urged public and private companies to abide by internationally recognised accounting standards to win the public's trust.
The Federal Capital Territory Administration (FCTA) recently said it had concluded arrangements with the Directorate of Road Traffic Services (DRTS) to introduce a road tax policy in Abuja.
The Federal government has released two million dollars counterpart funding to the International Atomic Energy Agency (IAEA) to expand nuclear medical services and to upgrade and strengthen radiotherapy services in 10 tertiary hospitals for the comprehensive detection, treatment, control and management of cancer cases
Chief Executive of Afren, Osman Shahenshah, has said that all Ebok-5 wells will be drilled from a single field location via a Well-head Support Structure (WSS) and mobile offshore production unit.
