BY PAUL TENTENA NAIROBI, KENYA-“We’re not only celebrating 20 years of gathering energy experts in the East African region” says Future Energy East Africa event director Claire O’Connell, “but along with our longstanding partners, we are celebrating the accomplishments of the power industry and looking forward to continue improving access to energy for all, from […]
BY EABW REPORTER NAIROBI, KENYA- Despite a debt increase, Kenya’s GDP is expected to reach 5.7% up from 4.9% last year, according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report. In Economic Insight: Africa Q2 2018, launched today, the accountancy and finance body says the Purchasing Managers’ Index (PMI, a […]
BY EABW REPORTER KIGALI, RWANDA- Meetings and incentive travel planners in the UK will soon, for the first time, discover why Rwanda is growing rapidly in popularity with event organizers worldwide when the Rwanda Convention Bureau makes its debut at The Meetings Show, at Olympia, London on 27 & 28 June. The evidence is clear. […]
BY EABW REPORTER DAR ES SALAAM, TANZANIA- Tourism players in Tanzania are likely to raise their glasses to toast for remarkable earnings this year, thanks to the state for granting them a tax relief in a bid to spur industry growth. In the 2018/19 budget tabled in parliament , the Finance Minister, Dr. Phillip Mpango […]
BY EABW REPORTER Lusaka, ZAMBIA: The timetable of the 20th COMESA Heads of State and Governments’ Summit and other Policy Organs meetings has been issued. The Summit will take place in Lusaka, Zambia on 18 – 19 July 2018. It will be preceded by meetings of ministers and technical officials starting from July 9, 2018. […]
Fresh Dairy recently rebranded as a measure of ensuring that the changing customer needs are satisfied. MR. VINCENT OMOTH, MARKETING MANAGER FRESH DAIRY recently talked to East African Business Week about the rebranding. What is the rationale behind the re-branding? We rebranded all our yoghurt as part of our strategy to satisfy the constantly changing […]
By Christina Malmberg Calvo Agriculture is Uganda’s ‘green gold’ that can transform the economy and the lives of farmers. Why is it then that Uganda’s well documented agricultural potential is not realized? What specific public-sector policies and actions are required to unleash the entrepreneurial energy of Uganda’s largest private sector actors—its farmers? These and other […]
BY EABW REPORTER KAMPALA, UGANDA – Centenary Bank, Uganda’s leading commercial microfinance Bank, has announced its Ushs. 10m sponsorship of the Kampala City Festival 2018. This will be the 7th edition of the festival that takes places every year in October since 2012. This year’s festival is slated to take place from 05th to 07th […]
BY DR. PHILIP I. MPANGO MINISTER FOR FINANCE AND PLANNING, INTRODUCTION Honourable Speaker, I beg to move that this Esteemed Parliament resolves to receive, debate and approve the Government’s Revenue and Expenditure Estimates for the year 2018/19. This budget is presented in line with Article 137 of the Constitution of the United Republic of Tanzania […]
BY HENRY ROTICH Theme: Creating Jobs, Transforming Lives and Sharing Prosperity I Introduction Mr Speaker, it is my honour to present to this august House the FY 2018/19 Budget Statement. I make this Statement in fulfilment of the requirements of Section 40 of the Public Finance Management Act, 2012 and the Standing Order Number […]
BY HENRY ROTICH Theme: Creating Jobs, Transforming Lives and Sharing Prosperity I Introduction Mr Speaker, it is my honour to present to this august House the FY 2018/19 Budget Statement. I make this Statement in fulfilment of the requirements of Section 40 of the Public Finance Management Act, 2012 and the Standing Order Number 241 […]
BY EABW REPORTER ADDIS ABABA , ETHIOPIA- Addis Ababa is set to get another local brand hotel, Ronali, which comes with a total investment of half a billion Br. The Hotel, located in Bole District will house a total of 203 rooms. Currently, the hotel has completed 64 rooms, a gymnasium, conference room, restaurant, cafe, […]
BY PAUL TENTENA KAMPALA, UGANDA- — Innovation and entrepreneurship play an ever-increasing role in growing Africa’s emerging technology ecosystem. According to research by the GSMA Ecosystem Accelerator, over the past two years alone, Africa has seen the number of innovation hubs double. Whilst the big 3 cities – Nairobi, Lagos, Cape Town – have been […]