East African Business Week (Kampala)
Website: http://www.busiweek.com/
July 29
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Kenya: IFC to Help Kenya to Limit Power Losses
NAIROBI, KENYA IFC, a member of the World Bank Group, last week launched a new program with Kenya Power to assist the company in lowering its costs and better serve customers while... Read more »
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East Africa: Trio to Share U.S.$14 Billion Costs for Railway
The governments of Kenya, Uganda and Rwanda plan to invest some $14 billion in a new 2,937 kilometres standard gauge railway. Read more »
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Kenya: Grounded Jetlink Prepares for Take-Off
Negotiations that could see the return to business of one of Kenya's indigenous airlines are on course. Read more »
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Kenya: Kenyan Health Policy Needs Review
A Senior Fellow at the Brookings Institution and Director of the Africa Growth Initiative, Mwangi Kimenyi has said that while Kenya has made tremendous progress recently by... Read more »
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Kenya: Ugandans Hurt By New Kenya Rail Levy
Ugandan business people are unhappy with the new 1.5% Railway Development Levy that Kenya introduced in its budget estimates for 2013/14. The charge came into in June. Read more »
July 17
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Kenya: Equity ATM Back to Normal After Scare
Fear gripped a huge chunk of Kenya's banking population after Equity Bank Automated Teller Machine (ATM) services collapsed for several days last week before the fault was dealt... Read more »
July 22
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Kenya: Kenyans to Get Airtel/AFB Loans
Airtel Kenya subscribers will soon have access to unsecured credit products thanks to a deal struck with afb, a consumer finance company announced last week. Read more »
July 17
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Kenya: Kenya's Wyre for Konshens Concert
East Africa's Love Child, Wyre, will perform at the Konshens and Alaine Pepsi Sponsored concert set for August 23 at the Lugogo Cricket Oval in Kampala. Read more »
July 22
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Kenya: Teachers Strike Leaves Confusion
Confusion reigned in Kenya's education sector for the fourth week running following a debilitating strike by the countries over 280,000 teachers. Read more »
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Kenya: Miga Will Guarantee Kenya Power Projects
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, has reassured the government on its continuing support to Kenya's... Read more »
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Kenya: EU Wants Kenya to Lead
European Commissioner for Trade, Karel de Gucht, was last week in Nairobi to drum up momentum for Kenya to quickly lead in signing the Economic Partnership Agreement (EPA). Read more »
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Kenya: Uhuru Gets Jonathan Okay for KQ
Kenya's President Uhuru Kenyatta held talks with his Nigerian counterpart Goodluck Jonathan in what will greatly increase the business relations between the two countries. Read more »
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Kenya: Kenyans Brace for Fuel Hike
Kenyans are bracing for another hike in fuel prices following the decision by the government to slap a new tax levy on all imported goods. Read more »
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Kenya: Kenya Revenue Collector Gets Tough
The Kenya Revenue Authority (KRA) announced last week a 13% rise in revenue collection during the 2012/2013 financial year. Read more »
July 17
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Kenya: Mombasa Hosts Heaviest Ship
Mombasa port has set a record by handling the heaviest ever vessel in terms of containers loaded and discharged in a single ship call. Read more »
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Kenya: Nairobi Aims for Financial Centre
Nairobi is to be transformed into a regional and continental financial hub by the end of the year. Read more »
July 22
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Kenya: 4G Sparks Up Internet
4G LTE (4th Generation Long Term Evolution) is the latest generation of communications technology that gives users seamless internet surfing with speeds never seen or experienced... Read more »
July 17
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Kenya: Poaching Threatens Kenya U.S.$1 Billion Business
Fears are rife that poaching could soon collapse Kenya's struggling one billion dollar tourism industry unless urgent measures are taken. Read more »
July 16
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Kenya: RVR in U.S. $9 Million IT Upgrade
Rift Valley Railways (RVR), the managers of the Kenya-Uganda railway concesssion, has launched a $9.3 million technology upgrade. This includes provision for a global positioning... Read more »
July 09
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Kenya: Tullow Hits Another Oil Field
London listed multinational Tullow Oil which has been exploring oil in Kenya has announced the discovery of another oil well further raising the prospects of Kenya in joining the... Read more »
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Kenya: Kenya Power Owed U.S. $1 Billion As It Goes After Defaulters
Kenya Power is showing no mercy as it goes after customers who do not pay their electricity bills promptly and after the government denied the company a tariff hike earlier this... Read more »
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Kenya: Miraa Ban Will Cost Kenya U.S. $2 Million Weekly
A diplomatic row is brewing between Kenya and the United Kingdom following plans by the latter to ban miraa sales on British soil. Read more »
July 08
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Kenya: Regulators Approve Access Kenya U.S. $3 Million Takeover
Kenya's Capital Markets Authority (CMA) granted approval to Dimension Data Holdings Plc to serve Access Kenya Group Limited with a Take Over offer document relating to the... Read more »
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Kenya: AAR Gets U.S. $4 Million Injection for Regional Expansion
The International Finance Corporation (IFC) has bought a $4 million stake in AAR Health Care Holdings, one of Africa's leading health care providers. Read more »
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Kenya: VAT Bill Worries Kenyans
The Kenyan government last week tabled a controversial Bill in parliament that seeks to tax basic items. Read more »
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