Kenya Petroleum Refineries Limited is seeking a financial arranger for the construction of a Liquidified Petroleum Gas facility it will undertake jointly with the Kenya Pipeline Company Limited.
Technology firm Access Kenya has posted a 62 per cent rise in profit before tax for the first half-year of 2008.The company recorded Sh104 million in the period compared to Sh64 million it reported over the same period last year.
A row over matatu parking bays in Karatina Town paralysed operations this week following a stalemate between the local council and its Nanyuki counterpart.
A Cabinet minister has differed with fellow politicians from the Coast over the management of the Kenya Ports Authority, saying the facility is a national asset that needs to be run professionally and not along ethnic lines.
Leaders in Lamu District want the Government to close a private airstrip said to be equipped to receive aircraft at night. The say it posed a national security risk.
There are murmurs of discontent over the manner in which a trade and investment agreement between the East African Community and the United States was reached last month.
A shortage of raw milk from smallholder farmers in northern Tanzania regions is threatening the operations of a dairy processing plant owned by a subsidiary of Kenya's Brookside Dairy Limited.Brookside Dairy Tanzania Limited, which took over the then state-owned plant
As the shock from the January violence in Kenya subsides, attention has moved back to the staple diet of corruption allegations (sale of the Grand Regency Hotel), poorly executed transactions (Safaricom IPO refunds and Rift Valley Railways) and collapsing infrastructure
Kenyans have never been known to be enthusiastic about their own tourism attractions. Those who can afford it would rather spend their leisure time arranging yet another business deal. The idea of taking their families on tour never occurs to
The government of Somalia signed a shareholders agreement with Kuwait Energy Company (KEC) and Indonesia"s Medco Energi International Tbk on Tuesday to govern the activities at the Somalia Petroleum Corporation.
Shortly before 1pm last Thursday, the Nigerian national anthem sounded at the Perigrino Hall inside the Cross Rives state Government House, Calabar to signal the conclusion of the Green tree Agreement between Nigeria and Cameroon; but not many Nigerians present
The National Environment Management Council (Nemc) has called for suspension of ongoing construction of telecommunication towers which lack in-depth research on health risks they pose to people and the environment.
Canada is moving to safeguard its business interests in Tanzania, in the face of an outcry over the lopsided contracts dished out in the latter's mining sector.
Rising production costs, high freight charges and falling world prices for cut flowers are threatening to undo a decade of positive growth for flower growers in Uganda.
More than 81 international and local firms are seeking to partner with the National Development Corporation of Tanzania to start mining of iron ore and construction of thermal power stations at Mchuchuma and Liganga respectively.
The participation of none-resident Ugandans in the purchase of government securities is making a distinctive mark on Uganda's economy with inflows hitting $150 million.
The World Bank has advised African governments to make fiscal policy adjustments to save millions of their citizens threatened by the rising food prices.
