Business

Kigali electrification proposed

Kigali electrification proposed

The governments of Tanzania and Rwanda have commissioned a feasibility study into electrification of the long-planned 521 km cross-border rail link between Isaka and Kigali. Provisionally costed at US$2·5bn, the[Read More…]

by April 9, 2018 0 comments Business
America’s first black billionaire says Trump economy has been good for African Americans

America’s first black billionaire says Trump economy has been good for African Americans

BET founder Robert L. Johnson, America’s first black billionaire, said during a CNBC appearance on Friday that black Americans should be encouraged by the growing economy under President Trump. “Something[Read More…]

by April 8, 2018 0 comments Business
Zimbabwe seeks deeper economic ties with China to boost economy, says President Mnangagwa

Zimbabwe seeks deeper economic ties with China to boost economy, says President Mnangagwa

Zimbabwean President Emmerson Mnangagwa speaks in an interview with Xinhua and other Chinese media in Harare, Zimbabwe, March 31, 2018. Emmerson Mnangagwa said on Saturday his country is seeking deeper[Read More…]

by April 1, 2018 0 comments Business
Grace Mugabe’s farm invaded by Zimbabwe gold diggers

Grace Mugabe’s farm invaded by Zimbabwe gold diggers

Illegal workers have invaded the farm of former Zimbabwean first lady Grace Mugabe to mine for gold. Reporters from the Zimbabwean newspaper Newsday found them uprooting lemon trees, digging shafts[Read More…]

by March 31, 2018 0 comments Business
Museveni wants WhatsApp, Twitter taxed

Museveni wants WhatsApp, Twitter taxed

President Yoweri Museveni has directed the Ministry of Finance, through the Uganda Revenue Authority, to begin levying tax on airtime and social networking sites such as Twitter, Facebook, WhatsApp, Skype[Read More…]

by March 31, 2018 0 comments Business
Trump to suspend duty-free benefit for Rwanda clothing under AGOA

Trump to suspend duty-free benefit for Rwanda clothing under AGOA

US President Donald Trump said on Thursday he will suspend duty-free treatment of clothing imports from Rwanda under the African Growth and Opportunity Act (AGOA). President Trump has cited Rwanda’s[Read More…]

by March 30, 2018 0 comments Business
Nigeria’s Buhari explains failure to sign continental free trade agreement

Nigeria’s Buhari explains failure to sign continental free trade agreement

Nigeria’s president Muhammadu Buhari has explained that his country can’t agree to anything that will undermine local manufacturers and entrepreneurs, referring to his last minute withdrawal from the recently signed[Read More…]

by March 23, 2018 0 comments Business