Kenya shilling in trouble:
News Saturday, Nov 15, 2014
NAIROBI, Kenya - The Kenya shilling last week slid to touch the Kshs 90 psychological mark against the US dollar, raising concerns over looming harsh economic conditions in a country that relies heavily on imports.
WB supports Rwanda farming:
News Saturday, Nov 15, 2014
KIGALI, Rwanda - The World Bank has signed a $200 million agreement with Rwanda to support agriculture sector transformation. Other projects include strengthening public financial management.
Uganda for easier border:
News Saturday, Nov 15, 2014
BUSIA, Uganda - Trade on the Kenya –Uganda border is likely to become much easier with the completion of the Busia One Stop Border Post (OSBP) which will be completed early next year.
Tanzania to spend $228m on power :
Resources Saturday, Nov 15, 2014
DAR ES SALAAM, Tanzania - Tanzania wants to generate between 10,000 megawatts and 15,000 MW of power by 2025. The development would enable the country to have a foundation to become a middle-income economy.
Uganda revenues nudge up:
News Saturday, Nov 15, 2014
NAIROBI, Kenya - Uganda Revenue Authority (URA) registered improved collections in the first quarter (July-October) of this financial year netting Ushs 2.8 trillion (about $1.03 billion).
Holland gives Rwanda $6m for power :
Resources Saturday, Nov 15, 2014
KAMPALA, Uganda - The Rwanda power sector will be supported by The Netherlands government with euro 5 million (Rwf4.3 billion, $6.2 million) that will go towards the Energy Access and Rollout Program Phase 3(EARP3).