Category: Business

He said one unit will generate 7,000MW while another would produce 8,400MW, but the timeline and the funding of the projects isn’t yet known. 

But the activists’ lawyer has promised to lodge an appeal.

Nyambene Miraa Trade Association (Nyamita) Chairman Kimathi Munjuri said cargo airlines operating from Nairobi had received instructions from Mogadishu not to allow miraa cargo from Friday.

A statement from the Bank says further funding is being frozen until authorities in Uganda provide adequate policy to protect minorities, including the lesbian, gay, bisexual, transgender and other groups commonly categorised as LGBTQ+.

Joseph served in various capacities in the company since 2000 as a general manager, twice as a chief executive officer and once as a chairman of the board.

The telco, through its parent company Airtel Africa, announced on August 9 the appointment of Absa Bank Uganda Ltd as a Lead Transaction Advisor, Crested Capital as a Lead Sponsoring Broker, Katende Ssempebwa and Company Advocates appointed Legal Advisor while consultancy firm Ernst & Young...

The telco’s CEO Ashish Malhotra told Business Daily on Tuesday the firm has to date rolled out over $1 billion (Ksh143.3 billion at current exchange rates) worth of investments in the country since inception, adding that the bulk of it has happened in the last three years.

A study on key drivers of growth and sustainable development in Africa shows that Kenya is the largest institutional investor hub in the region.

A new report on regional commerce shows that policymakers have not been putting their words into action, agreeing on significant policies but delaying implementation.

The two sides signed an agreement for Moscow to forgive $684 million. Somalia’s Finance Minister Bihi Iman Ige signed the agreement with Russian Deputy Minister of Finance Timur Igorevich Maksimov. The money was lent to Somalia before its collapse into civil war but the gesture by Russia...