November 27

• Rwanda: Rwanda Trade Deficit at 17 Percent

  Rwanda's trade deficit amounted to US$337m in the 3rd quarter of 2012 up from $310.7m the previous quarter according to new figures from the country's Statistics office. Read more »

• Uganda: Kampala Businesses Drop, Report Shows

  Although the total value added during 2009/10 was 21trillion, businesses in Kampala accounted for only 45% down from 63% in 2000/01, the Uganda Business Inquiry (UBI) report... Read more »

• Tanzania: Dar es Salaam Imports Up

  The rise in oil prices in the world market coupled with an increase in domestic demand particularly for thermal power generation has stimulated an increase of value of imports of... Read more »

• Africa: Cost of Using Dar es Salaam Port Highest in Sub-Saharan Africa

  The European Union (EU) has said that shipping costs at the Dar es Salaam Port now stand at 150%, the highest compared to others in the rest of the World. Read more »

• Tanzania: Dar es Salaam Urged to Tame Trade Barriers

  Tanzania has been urged to look for better value from the market and get premium returns to investment. Read more »

• Tanzania: Arusha Invests U.S. $10 Million in Roads

  The Arusha City Authority has invested a total of Tsh25b ($10m) to reconstruct all roads. Read more »

• Tanzania: Dar es Salaam Port Congestion to Drop

  The landlocked countries that have been using Dar es Salaam Port as their main gateway to facilitate their trade will soon see the commencement of the long awaited Single Point... Read more »

• Kenya: Lamu Port Completion on Schedule

  Realization of a second port in Kenya appears in sight following the assurance last week that Lamu port project is on course and ahead of time. Read more »

• Uganda: Annual Investments Decline By 29 Percent

  The attractiveness of Uganda as an investment destination needs to be made a priority if the country is to witness an increase in licensed projects, an expert has said. Read more »

• Africa: Remittances Hit U.S. $534 Billion

  The flow of remittances to the developing world is expected to exceed the earlier estimates of $406b this year which is an increase of 6.5% over the previous year. Read more »

• Uganda: Kampala Varsity in Google APPs for Classes

  Kyambogo one of the leading institutions of higher education in the country has launched the use of Google apps for education in tutoring. Read more »

• Rwanda: Dream Boys Up Their Game

  The 'dream Boys' are one of Rwanda's hottest music groups and the two childhood friends insist it's not about fun but a business as well. Read more »

• Uganda: Ura Pilots ASYCUDA World Bid

  Uganda Revenue Authority Customs Department is expected today (26th November) to pilot ASYCUDA World, an upgrade of the current ASYCUDA++, at the Jinja Customs Office. Read more »

• Kenya: Credit Referencing On the Spot Over Wrong Info

  The credit referencing debate is still heating up in Kenya with the current reference bureaus facing several litigations over claims of blacklisting even good borrowers. Read more »

• Kenya: Addis and Nairobi Sign Trade Pacts

  Trade ties between Kenya and Ethiopia could strengthen further in light of an aggressive marketing campaign driven by newly installed Ethiopian Prime Minister Ato Hailemariam... Read more »

• Uganda: Weak Shilling Forces Fuel Prices to Go Up

  Fuel prices have gone up as a result of shortage in supplies and appreciation of the dollar against the Uganda shilling, Fuel dealers have told East African Business Week. Read more »

• Tanzania: Arusha Deal With EABW

  The region's top weekly business newspaper, East African Business Week (EABW) has partnered with the Arusha City Authority to publish a special report on the official elevation of... Read more »

• Kenya: World Bank Gives Kenya U.S. $40 Million

  The World Bank has approved a total of $40m to support Kenya's public-private partnership project an official of the bank has said. Read more »

• Uganda: State Gets Third Cement Factory

  Uganda has launched a third cement factory a step towards the liberalization of the sector that has been majorly ruled by two cement factories. Read more »

• Kenya: Chartis Reverts to AIG

  Two years after American multinational American International Group (AIG) Insurance unveiled the Chartis Insurance corporate identity, the company has reverted back to AIG... Read more »

• Kenya: Firm to Invest U.S. $100 Million in Wind Power

  Global infrastructure development giant General Electric Company (GE) last week announced a grand plan of investing some $100 million towards power generation in Kenya over the... Read more »

• Congo-Kinshasa: DRC Rebels Refuse to Vacate Mineral-Rich Goma

  The M23 rebels who on Tuesday last week captured Goma, the Eastern Provincial capital of the Democratic Republic of Congo (DRC) at the border with Rwanda say they will not vacate... Read more »

• Africa: Rwanda's Internet Fastest

  Rwanda's internet speed is the fastest on the continent according to the latest statistics from Ookla's NetIndex. Read more »

• Burundi: Burundi to Get More Support

  The World Bank Country Director for Burundi, Tanzania, and Uganda, Mr. Philippe Dongier has said that development partners will continue to work together with the government of... Read more »

• Tanzania: Firm to Launch Solar Charging Facility

  Tigo Tanzania Ltd, one of the mobile phone operators is expected to launch Tigo POS (Points of Sales) with solar charging equipment aimed at helping mobile phone users who do not... Read more »