UNRA defends Uganda, Rwanda highway costs

KAMPALA, UGANDA- A report seen by the East African Business Week recently has showed some fairness i...

East Africa’s energy dilemma: Tanzania assesses impact

DAR ES SALAAM, TANZANIA - The Bank of Tanzania said it is assessing the impact of the rise in tari...

URA net collections grow

KAMPALA, UGANDA- The Uganda Revenue Authority registered an 18.8% growth in net revenue collections ...

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East Africa’s energy dilemma:Uganda MPs reject increment

KAMPALA, UGANDA - The power price increases that were proposed by the government of Uganda may fail to take off... Read more

East Africa’s energy dilemma: Cost of production to rise

DAR ES SALAAM, TANZANIA - The recent hike in power tariffs, threatens to raise the cost of industrial production  and... Read more

East Africa’s energy dilemma: Rwanda slashes fuel prices

KIGALI, RWANDA - Base fuel prices at all filling stations in the capital - Kigali - have gone down by... Read more

Emirates plans direct flights to Entebbe

Emirates, will soon offer customers a quicker and more convenient link to Uganda, with the introduction of a direct service... Read more

Burundi in public, private sector meet

BUJUMBURA, BURUNDI--The Second Vice-president, Dr IGervais Rufyikiri last week officially launched the Frame of Dialogue Initiative for the public private... Read more

Rwanda projects inflation at 7.5%

KIGALI, RWANDA - Rwanda is projecting inflation rate to reach 7.5% this year as economic growth will be expected to... Read more

Kampala traders strike that never was

KAMPALA, UGANDA - Kampala Traders are now back to work after they ended a four day strike over high interest... Read more

Tanzania national debt sustainable despite its large size

DAR ES SALAAM, TANZANIA - The Bank of Tanzania (BoT) has said the country's national debt is sustainable despite ballooning... Read more

Kampala ED is city’s saviour

Kampala is finally coming out of the sick and dirty shanty town of East Africa, thanks to the vision and... Read more

Pressure forces Dar es Salaam to pay teachers’ arrears

DAR ES SALAAM, TANZANIA- The Tanzanian Teachers Union has called off a national strike that was supposed to be staged... Read more

Tanzania pre-shipment inspection starts Feb.

DAR ES SALAAM, TANZANIA - The Government is positioned to start cracking down on counterfeit imports into Tanzania as soon... Read more

UNRA assures on quality for new airport express highway

KAMPALA, UGANDA - The Uganda National Roads Authority have put in place safeguard measures to ensure that value for money... Read more

Bulk oil imports hits cash snag

DAR ES SALAAM, TANZANIA - Take off of the newly adopted bulk oil importation which was to begin from January,... Read more

Tanzania industrialists say power tariffs are ‘a disincentive’

DAR ES SALAAM, TANZANIA - The Confederation of Tanzania' Industries (CTI) sees the power hikes that started on January 15... Read more

Rwanda to organise grain, cereal group

KIGALI, RWANDA - The Rwandan Government has created a public-private company that will organise trading of grains and cereals.This is... Read more

Dar es Salaam’s car business a blessing or curse?

DAR ES SALAAM, TANZANIA - Of recent, Dar es Salaam city has been dotted with car showrooms where reconditioned vehicles,... Read more

EA international expo scheduled for May

Come May 20-22 this year, Tanzania will once again host the 16th East Africa's International Trade Exhibition (EAITE). The annual... Read more

RwandAir gets new Board of Directors

KIGALI, Rwanda - In line with its expansion plans, the national carrier, RwandAir, has unveiled a new Board of Directors... Read more

Rwanda to review commodity exchange plan

KIGALI, RWANDA - Proposal to create Rwanda Commodity Exchange (RCX) is set for review this month to pave the way... Read more

Money or power: Which way for Uganda’s soccer?

KAMPALA, UGANDA - It is probably not news anymore that there's a lot of finger pointing among the top guns... Read more

URA net collections grow

KAMPALA, UGANDA- The Uganda Revenue Authority registered an 18.8% growth in net revenue collections for the first half of 2011/12,... Read more

East Africa’s energy dilemma: Tanzania assesses impact

DAR ES SALAAM, TANZANIA - The Bank of Tanzania said it is assessing the impact of the rise in tariffs... Read more

UNRA defends Uganda, Rwanda highway costs

KAMPALA, UGANDA- A report seen by the East African Business Week recently has showed some fairness in the proposed reconstruction... Read more

Uganda government ends power subsidies

KAMPALA, UGANDA - Starting this week, Ugandans homes will have their electricity bills increased by 36% after the government of... Read more

UCC urges Ugandans to register SIM cards

KAMPALA, UGANDA- The Uganda Communications Commission (UCC) has appealed to Ugandans not to wait for the last minute rush to... Read more

Bank of Tanzania bond returns low

DAR ES SALAAM, TANZANIA - Efforts by the Bank of Tanzania (BoT) to raise yield rate for a two-year treasury... Read more

Nickel bid gets IFC $5.5m boost

DAR ES SALAAM, TANZANIA - Africa Eagle Resources, a development mineral exploration firm is set to receive US$5.5 million finance... Read more

Korea to invest $3.5m in Tanzania uranium project

DAR ES SALAAM, TANZANIA - More international firms are eying on uranium mining in Tanzania despite worries and concern from... Read more

Kigamboni bridge gets $136m

DAR ES SALAAM, TANZANIA - The prospects for construction of the long-awaited new Kigamboni City section across Dar es Salaam... Read more

Warid joins mobile money market

MTN has arguably been the market leader in providing mobile money services in Uganda, however recent glitches in the system... Read more

Rwanda to add 'Convention’ tourism to her offerings

KIGALI, RWANDA - Rwanda is preparing to introduce 'convention tourism' targeting business travellers to increase revenue from the limited tourism... Read more

Kenyan reaps from nature

Many things may be lacking in Africa but there are two which are abundant and free all over the continent... Read more

Umeme adds more to grid

KAMPALA, UGANDA - Over 10,000 people in Uganda's western district of Masindi have been connected to the national grid after... Read more

Tullow Oil invests £25,000 to build a local pool for the oil and gas sector

Ms Joan Namukasa, a Drilling Engineer at Tullow Oil speaks to over 30 science and mathematics secondary students at Makerere... Read more

Poultry feeds prices drop

Kampala, Uganda-Poultry farmers are expected to breathe a sigh of relief as prices of the major feeds ingredient Maize bran... Read more

TBL share sale oversubscribed by 245 %

DAR ES SALAAM, TANZANIA -  The share sales of the Tanzania Breweries Limited (TBL) oversubscribed by 245 % of the... Read more

Dar es Salaam bourse starts year on positive note

DAR ES SALAAM, TANZANIA - Tanzania's Dar es Salaam Stock Exchange (DSE) has started the new year 2012 on a... Read more

Uganda shilling suffers as Diaspora dollars dry out

KAMPALA, UGANDA-The Uganda Shilling that had strengthened over the Christmas season last year due to increased Diaspora Dollar inflows is... Read more

Tanzania interbank lending rate down

DAR ES SALAAM, TANZANIA - The interbank cash market mid last week recorded a downward trend on  overnight borrowing rates... Read more

Women get top managerial skills

KAMPALA, UGANDA- Under the Female Future Programme conducted by the Federation of Uganda Employers, over 30 women managers graduated last... Read more

Uganda Diaspora dollar inflows down

KAMPALA, UGANDA - Remittances by Ugandans working abroad have gone down by at least $10million dollars over 2010, Uganda's central... Read more

Kigali woos Rwandans abroad

KIGALI, RWANDA - Rwanda's Central Bank is designing a financial instrument that aims at attracting the country's nationals living abroad... Read more

BOU maintains lending rate as inflation drops

KAMPALA, UGANDA- For the second month running, the Bank of Uganda has  maintained its central bank lending rate as inflation... Read more

WB approves $100m for Tanzania

ARUSHA, TANZANIA- Up to 8 million Tanzanians should have access to better health services up to 2015 following the World... Read more

Uganda EC warns on illegal elections

KAMPALA, UGANDA- The Electoral Commission has warned political parties, political leaders, aspiring candidates and residents  not to conduct elections of... Read more

New year of opportunities

As the new year begins to dawn for many East Africans, planners, business people and the general population are looking... Read more

Warid customers complain about being cheated

KAMPALA, UGANDA- Customers of one of Uganda's newest telecom service provider Warid Telecom have come out to complain that they... Read more

Burundi tax system confronts hurdles

BUJUMBURA, BURUNDI - Before closing his forex bureau in 2006, Pierre Claver Hakizindavyi, a Burundian entrepreneur, had made profit and... Read more

Passenger wants $10m for stopping bombing

A New York man is suing Delta Air Lines and Air France-KLM for $10 million for injuries he says he... Read more

Tanzania Revenue Authority scoops award

ARUSHA, TANZANIA - The Tanzania Revenue Authority (TRA) last year  was the first winner of the 'Best Presented Financial Statements... Read more

Bank rates bite, BOU can't intervene

Kampala, Uganda - The high lending rates by commercial banks have raised complaints from consumers and traders who have called... Read more

Rwanda grades thirty hotels

KIGALI, RWANDA - Rwanda's hospitality sector closed 2011 and ushered into 2012 with good news after the long-awaited grading for... Read more

Uganda plans to fence off its national parks

MURCHISON, UGANDA- Uganda has developed a long term plan to fence off its National parks in a measure to curb... Read more

Warid partners with Inspire Africa to boost youth entrepreneurship

Kampala, Uganda-Warid Telecom has partnered with Inspire Africa to promote entrepreneurship among the youth through a reality television show code... Read more

Uganda: Elephants on rampage, oil firm blamed

More than 1 000 homesteads have had their crops destroyed after hundreds of elephants and other wild animals from Uganda's... Read more

Burundi government to recieve $3m grant

BUJUMBURA, BURUNDI - The Burundian National Assembly has just approved a donation of support for economic reforms, to the tune... Read more

11,022 candidates to graduate from MUK

Kampala, Uganda-A total of 11,022 students are expected to graduate form Makerere University at the institutions' 62nd five-day graduation ceremony... Read more

Big money in 2012 sports

KAMPALA, UGANDA - For sports enthusiasts the sporting schedule promises to deliver so much in just less than 366 days... Read more

Dar es Salaam commuters irked by ferry fares

DAR ES SALAAM, TANZANIA - An estimated 50,000 Dar es Salaam city residents who commute daily by ferry between Magogoni... Read more

Investor seeks 20,000 hectares in Rwanda

KIGALI, RWANDA - Algeria's biggest sugar producer Civital Group has tasked the Rwandan Government to provide 20,000Ha of land to... Read more

East Africa Budget Speeches 2011 - 2012


Kenya Budget Tanzania Budget Uganda Budget Rwanda Budget

 

  US Dollar USD Euro EURO GPB Pound Sterling GPB POUND
   
   Buying        Selling
    Buying           Selling
    Buying          Selling
Uganda Shilling Uganda
   2,754.4        2,765.0
   3,886.4        3,900.2
   4,466.1        4,481.9
Rwandan franc Rwanda
      596.8          606.4
      820.8           834.0
      959.5           944.2
Tanzania Shilling Tanzania
   1,643.7        1,677.2
   2,285.7        2,333.1
    2,628.8       2,683.1
Burundi franc Burundi
  1,269.4       1,289.9
   1,748.3        1,776.5
    2,005.9       2,038.2
Kenya Shilling Kenya
      99.9           100.3
      138.7           139.5
      159.4          160.3


Kampala ED is city’s saviour

Kampala is finally coming out of the sick and dirty shanty town of East Africa, thanks to the vision... Read More




 

Money or power: Which way for Uganda’s soccer?

KAMPALA, UGANDA - It is probably not news anymore that there's a lot of finger pointing among the to... | Read More


    
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