The Mining ministry has adopted an online portal in a fresh campaign to boost transparency in the issuance of licences even as the industry awaits new laws to spur investments.
Posted on : Tuesday , 10th February 2015
Energy and Water Utilities Regulatory Authority (Ewura) Director General, Mr Felix Ngamlagosi, and acting Director of Petroleum, Mr Gerald Maganga said in Dar es Salaam recently that the local market has still got sulfur enriched fuel with 5000ppm which will gradually be phased out “We still have stocks of sulfur enriched fuel products at our pump stations because its stocks were ordered in the past,” Mr Ngamlagosi said.
Posted on : Monday , 9th February 2015
Content analyst at Infield Systems Limited, Catarina Podevyn, says Africa is expected to hold a 15% share of offshore capital expenditure over 2015, up 10%, led by developments offshore Angola. In West Africa, offshore Ghana and Congo will also see increasing expenditure, she adds.
Posted on : Monday , 9th February 2015
Solo has announced it has now signed the Asset Purchase Agreement with Aminex plc for the first 6.5% interest in the Kiliwani North Development Licence (KNDL) at a total consideration of US$3,500,000.
Posted on : Thursday , 5th February 2015
The Government of the Republic of Burundi formally committed to implement the Extractive Industries Transparency Initiative, EITI Standard in a declaration published by Come Manirakiza, Minister of Energy and Mine on 20 January 2015 in Bujumbura.
Posted on : Thursday , 5th February 2015
The International Finance Corporation (IFC) has announced new financing to help expand the reach of Off Grid Electric in rural areas and urban centres.
Posted on : Thursday , 5th February 2015
Aminex is an Africafocused UK oil and gas company with near term production, development and high impact exploration, premium listed on the London Stock Exchange and primarylisted on the Irish Stock Exchange.
Posted on : Thursday , 5th February 2015
Through the Uganda Chamber of Mines and Petroleum (UCMP), the private sector have consistently complained of value added tax (VAT) and withholding tax imposed during the investment phase of the oil, gas and minerals labeling it an additional cost.
Posted on : Wednesday , 4th February 2015
Brent crude was up 1.3% at $53.65 a barrel, having reached $55, while US oil rose 1.7% to $48.52.
Posted on : Wednesday , 4th February 2015
Former President Mwai Kibaki has praised the good and long-running co-operation between Kenya and Japan that has translated into many social development programmes in the country. Mr Kibaki said through the collaboration, Kenya had benefited in various development spheres, more specifically in technology training, infrastructure development and food security. “Over the years, Japan has been Kenya’s key development partner in several arenas especially in technology-based .... Read more »
Posted on : Tuesday , 3rd February 2015
A government delegation is in Turkey as part of an ongoing campaign to woo investors into the local leather industry.
Posted on : Tuesday , 3rd February 2015
Agriculture Cabinet Secretary Felix Koskei received the fertiliser at the Port of Mombasa yesterday.
Posted on : Tuesday , 3rd February 2015
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