Government's collection from the mining industry in 2014 increased to K9.92 billion from K8.2 billion the previous year, with Kansanshi Mining Plc contributing the largest percentage.
Posted on : Friday , 18th December 2015
Bank of Industry (BoI) is allocating funds to deploy smart technology in manufacturing processes that can improve productivity and enhance growth
Posted on : Friday , 18th December 2015
Plans to construct first underwater museum in sub-Sahara Africa is set to begin in Kenya, National Museums of Kenya (NMK) coast region assistant director for sites and monuments, Mr Athman Hussein Athman, has announced.
Posted on : Friday , 18th December 2015
The County government of Embu has signed contract with Probase Kenya a Malaysian based construction firm to construct and tarmac roads across the county at a cost of US$ 38.8 Million.
Posted on : Friday , 18th December 2015
Ethiopia and Jordan have agreed to raise the existing business relationships to the highest level.
Posted on : Thursday , 17th December 2015
The International Trade Centre (ITC) and the East African Community (EAC) today announced that the two organizations are launching a new, joint project to boost intra-African trade.
Posted on : Thursday , 17th December 2015
Zimbabwe is targeting a 50 percent market share on television sets in the coming year. This comes after the company opened a television sets and refrigerators assembly plant in Zimbabwe at the Zimpost Complex along Airport Road in Harare. The initial investment on the project amounted to $10 million but there are plans to create an assembly plant for Samsung's other products.
Posted on : Thursday , 17th December 2015
THE Ministry of Mines and Energy has awarded a tender to construct a 35MW solar photovoltaic power station near Mariental to Alten Renewable Hardap, minister Obeth Kandjoze said this week.
Posted on : Thursday , 17th December 2015
The Embu government has signed a Sh3.8 billion contract with a Malaysian company to tarmack county roads.
Posted on : Thursday , 17th December 2015
Japanese multinational Toshiba Corporation has concluded an MoU with the Tanzania Geothermal Development Company Limited (TGDC) to develop geothermal power in the East African nation
Posted on : Thursday , 17th December 2015
Ugandan companies within the oil and gas sector want government to set up a special local content fund to finance their growth in order to be at the forefront of winning some of the lucrative tenders the industry offers.
The Uganda Association of Oil and Gas Service Providers argues that local companies require a lot of money to fully participate in the capital-intensive oil sector.
Emmanuel Mugarura, the association’s head of secretariat, said su.... Read more »
Posted on : Thursday , 17th December 2015
Tullow Oil PLC said an exploratory well drilled in the South Lokichar basin in northern Kenya encountered 102 m of net oil pay in two columns.
The Etom-2 well, on Block 13T, was drilled to 1,655 m by the PR Marriott Rig-46 (OGJ Online, Nov. 17, 2015). Drilling followed evaluation of 3D seismic that was shot after the Etom-1 well (OGJ Online, Sept. 3, 2014).
Tullow said oil samples, sidewall cores, and wireline logging all indicate the presence of high A.... Read more »
Posted on : Thursday , 17th December 2015
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