East African Business Week (Kampala)
Website: http://www.busiweek.com/
November 19
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Kenya: Safaricom Makes 94 Percent Profits
East and Central Africa's biggest company by profitability, Safaricom has announced a 94% jump in profits posting a net profit of $91.7 million for the first half of the year. Read more »
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Tanzania: Malnutrition Costs Tanzania U.S. $512 Million
DAR ES SALAAM, Tanzania is estimated to lose Tsh815bn ($512m) in revenue yearly due to malnutrition which mainly decimates young children. Read more »
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Uganda: KCCA Releases U.S. $1.3 Million Youth Fund
Kampala Capital City Authority (KCCA) has released the $1.3m (Us3.3bn) city youth fund to Centenary Bank. Read more »
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East Africa: EAC Dispels Deadlines for WTO
Least Developed Countries (LDCs) that are members of the World Trade Organization (WTO) have submitted a request for an indefinite extension of the transition period under the... Read more »
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Uganda: Govt Set to Revive Copper Mining
The government has unveiled plans to revive copper mining in the Kilembe Mines found in western Uganda which ceased production in early 1982. Read more »
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Uganda: Region Gorilla Numbers Up
The population of mountain gorillas in the region has hit 880, which is a major boost to wildlife tourism. Read more »
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Uganda: Is Cecafa Tourney Still That Huge?
In the next few days, the Tusker CECAFA Challenge cup kicks off in Kampala. Read more »
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East Africa: French Spirit Brewer Enters Market
World famous Cognac producer Hennessy has entered into East Africa's spirit market, a move which has been translated by analysts as bringing stiff competition. Read more »
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Africa: Create Development Models, Africa Urged
Africa needs to adopt a model that suits her development ideologies if she are to achieve economic transformation, an economic expert has said. Read more »
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Uganda: British Airways in 'Know Me' Programme
British Airways has developed a new system set to take Customer service to a whole new level. Read more »
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Uganda: 2 Million Ugandans Have Diabetes- Study
Close to 2 million Ugandans live with diabetes, according to studies and expert opinions from the Ministry of Health. Read more »
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Tanzania: Road Funding Upped by U.S. $100 Million
The African Development Bank (AfDB) has said it is expected to increase fund for roads construction to $650m by the end of this year. Read more »
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Uganda: Pollution - Expert Warns on Land Use
Statistics show that agriculture and food production emit 29% of the global greenhouse gases. Read more »
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East Africa: Ministers Approve Single Customs Territory
The seventeenth meeting of the council of ministers responsible for EAC Affairs and planning has approved the establishment of a single customs territory. Read more »
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East Africa: Region to Debate Border Bill
The East African Legislative Assembly (EALA) is scheduled to debate for the first time, the regional one-stop Border Post Bill of 2010 and the Vehicle Load Control Bill of 2012. Read more »
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Tanzania: Tax Waivers Dip Tanzania Earnings
The Tanzania Revenue Authority (TRA) has asked government to act critically on tax exemptions because it is reducing their revenue collections. Read more »
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Uganda: Kensington Completes Housing Project
Real estate business giants Kensington Africa Limited has completed their multi-million housing project - Kensington Luxury Heights - in Kyanja, located about 10 kilometers outside... Read more »
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Kenya: UAP Holdings Lists on the NSE
UAP Holdings Limited has joined a list of Kenyan firms seeking to list on the Nairobi Securities Exchange (NSE). Read more »
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Africa: Tourism Ministers to Debate Barriers to Travel
The 2012 United Nations World Travel Organisation and World Travel Markets Ministers' Summit will seek to shed light on how countries can work together to ease entry procedures for... Read more »
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Rwanda: Tourism Moots Alternative Attractions
Rwanda's new image of a peaceful, attractive and progressive country might be managing to attract hundreds of thousands of tourists per year but many still find the place too... Read more »
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Kenya: General Electric to Construct Wind Power Plant
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 »
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Uganda: Health Minister Urges Calm, Ebola Stemmed
The Ministry of health in partnership with the World Health Organization (WHO) and other stake holders have mounted a quick response to contain a fresh outbreak of Ebola in Central... Read more »
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Kenya: Equity Bank Records U.S. $137.6 Million Profit
Kenya's Equity Bank Group braved a tough third quarter to register a $137.6 million profit translating to a 30% rise from the same period last year. Last year the group registered... Read more »
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Uganda: State Begins Safety Recognition
As part of the National Road Safety Week that kicked off yesterday, Uganda has commenced with the organisation of the first ever Uganda Transport Safety (UTS) Awards with a mission... Read more »
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Rwanda: Bank of Kigali Wins Fourth Award
Bank of Kigali has scooped its fourth award in a single year crowning 2012 as one of the Bank's most successful years. Read more »
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