Brookside Dairy Limited has taken over operations of leading Uganda dairy operator Sameer Agriculture and Livestock Limited (SALL), making it the first major acquisition by the Ruiru-based processor outside Kenya’s borders.
Posted on : Monday , 1st June 2015
Cement production in Kenya is soon to see a new entrant. A new cement grinding plant is set to be constructed in Western Kenya on a 50 acre piece of land. It is projected to produce 730,000 tonnes of cement every year and hence enhance the competition in the industry.
Posted on : Monday , 1st June 2015
The construction of a super highway linking Liberia and Côte d’Ivoire is set to kick off and the project will be funded by the African Development Bank (AfDB).
Posted on : Monday , 1st June 2015
Local Mining firms are concerned with what they term as rapid-fire methods of Mining Cabinet Secretary Najib Balala, to the point that some are threatening to quit the country.
Posted on : Monday , 1st June 2015
THE Minister for Trade and Industry, Dr Abdallah Kigoda, on Tuesday unveiled a catalogue of industrial projects, including a 5trn/- Mchuchuma coal and Liganga iron ore projects set to kick off this year.
Posted on : Thursday , 28th May 2015
Tanganyika South Block operator Beach Energy has announced that Joint Venture partner Woodside Energy has decided not to enter into the next period of the exploration program relating to the Lake Tanganyika South Production Sharing Agreement in Tanzania.
Posted on : Thursday , 28th May 2015
Australian company exploring the East African Rift System in Kenya, Tanzania and Zambia has said it is awaiting the receipt of signed farm-out documents having finalized the final steps in the agreement.
Posted on : Thursday , 28th May 2015
According to Wentworth Q1 2015 results the company’s share of Proved + Probable (2P) reserves at the Company’s gas fields in Tanzania were valued at USD 152.9 million after tax at December 31, 2014.
Posted on : Thursday , 28th May 2015
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Tanzania has high potential to become the economic powerhouse in the East African region given her natural wealth and strategic geographical positioning, but there are challenges to overcome before it can realise its potential.
Posted on : Wednesday , 27th May 2015
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As government prepares to present its 2015/16 financial year budget estimates on June 11, small city traders expect Finance Minister Amb Claver Gatete to prioritise areas that will provide solutions to the challenges affecting businesses.
Posted on : Wednesday , 27th May 2015
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Tanzania Electric Supply Company (Tanesco) Managing Director, Engineer Felchem Mramba, said although renewable energy technology is currently expensive but the future remains in exploiting wind and solar.
Posted on : Wednesday , 27th May 2015
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Chinese car maker, Foton, is setting up a car show room and after-sales service centre worth $10m (about sh30b) at Namanve Industrial Park, in Mukono district.
This was revealed last week by Chinese ambassador to Uganda, Zhao Yali, while handing over a donation of an executive van and partition screens to the acting minister of Foreign Affairs, Henry Okello Oryem, at the ministry’s headquarters in Kampala.
Yali said Foton has already acquired land in Namanve an.... Read more »
Posted on : Wednesday , 27th May 2015
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