KenolKobil Ltd has won the Kenyan government tender to deliver crude oil and diesel in the month of January 2010.
The East African Cement Producers' Association wants the 35 per cent tariff for imported cement products restored to save the sector from collapse.
Tanzania has closed its offshore anchoring slots for tankers believed to be misusing the facility for dubious sale of oil on the high seas.
Regional leaders put on some serious moves when they signed the Protocol for a Common Market for the East African Community on November 20.
Poor infrastructure, persistent non-tariff barriers and frequent policy reversals are worrying the business community in East Africa even as the region moves towards a fully fledged Customs Union and a Common Market.
Revenue authorities in the East African Community will start charging uniform withholding tax on dividends and royalties.
Central Bank of Kenya is asking borrowers in East Africa to negotiate for loans at more affordable interest rates.
Millicom International Cellular has finally gone live as the third national mobile operator in Rwanda, with a initial capital investment of about $50 million.
The global currency trading market is a multi-trillion-dollar business where world currencies are exchanged back and forth on a daily basis.
Bad loans continued to batter the East African Development Bank, which posted a second straight loss for the past fiscal year as investors held on to money they had promised to advance the Bank for on-lending.
East Africans will take longer to benefit fully from the Common Market, as it emerges that the deal is finally here, there are a number of restrictions that will not be conclusively removed until 2015.
AT least 12 luxurious four-wheel-drive vehicles have been purchased at a whooping sh238m each by the Parliamentary Commission.
WORLD Vision has commissioned community projects worth sh300m in Nakaseke district.
THE Trade state minister has advised primary teachers to go for further studies to access better employment opportunities in the East African Community (EAC).
FROM a distance, the hilly rural area appears engulfed in a mist. Until you get to the settlement, 12km on the winding Kapchorwa-Sironko Road, you may not understand the suffering this community has endured since Tororo Cement Industry established a stone quarry in their area five years ago.
Local authorities are endangering the lives of residents by failing to provide designated parking areas for fuel tankers. T
Central Bank of Kenya (CBK) says the country's banks have shown resilience in the face of economic slowdown with their assets growing by 11 per cent in the year ended September 30, to Sh1.31 trillion.
Kenya will with the support of donors set up a $2 billion (Sh150 billion) revolving fund to lend those investing in climate-friendly green electricity generating projects. The Ministry of Finance said World Bank, French Development Agency, KfW of German and African Development Bank had agreed to help the government set up the fund.
Only four out of the 43 insurance firms have complied with the statutory requirement to shore up their capital base ahead of next year's deadline, a survey shows. In an industry that has seen a number of insurance firms especially those dealing in PSV cover go under, this is not so good news for investors.
PLO Lumumba beat a crowded field of top lawyers, judges and technocrats to emerge the nominee for the Director of the Kenya Anti-Corruption Commission (KACC). Dr Lumumba was picked from a list of eight after it had been whittled down from 197 applicants for the positions of director and two deputies.
Business process outsourcing companies are petitioning the Kenyan government to come up with a friendly tax structure that will make them competitive in the region. The firms say the country's tax regime is so hostile to the sector that it has created a breeding ground for foreign outsourcing companies to thrive.
There is a fundamental human right that the proposed constitution has left out of the Bill of Rights: The right to emergency treatment. As it is, the number of road accidents is disproportionately high compared to the number of vehicles on our highways, yet the country lacks an elaborate system to respond to emergencies.
Corrupt deals between employees of the Kenya Revenue Authority and the public are robbing the government of millions of shillings every year in tax evasion.
Nairobi slum dwellers will benefit from affordable electricity.
Culture \Long Live, your Majesty, Kabaka wa Buganda, Ronald Muwenda Mutebi II. Permit me to share with you my dream of the great Buganda. Like the history of most nations, Buganda is a history of battles, blood and conquests. Back in the days the three were the canon that defined who is master or servant. However, thanks to the emergence of trade, industry and technology, power has been redefined.
