Browsing: Business & Economy
KAMPALA, Uganda — Uganda’s decision to resist broad fuel subsidies and avoid artificially defending the shilling is exposing a difficult economic trade-off: preserving financial stability…
NAIROBI, Kenya — President William Ruto’s proposal to introduce buffaloes into Kenya’s dairy industry has sparked debate among Kenyans, with some turning to social media…
NAIROBI, Kenya — President William Ruto has proposed expanding Kenya’s milk production beyond conventional dairy cattle, directing the government to explore importing improved camel breeds…
ENTEBBE, Uganda — President Yoweri Museveni has rejected calls to use Uganda’s foreign exchange reserves to slow the depreciation of the shilling, arguing that the…
KAMPALA, Uganda — Uganda’s shilling has moved closer to the Shs4,000-per-dollar mark, with renewed demand for foreign currency putting pressure on the local unit. On…
KAMPALA, Uganda — Uganda’s state-owned electricity distributor is stepping up investment in Greater Kampala as rapid urban growth and rising electricity demand put increasing pressure…
LAMU, Kenya — Businessman Aliko Dangote has promised to establish a training school in Lamu for 1,000 residents as construction begins on his planned KSh2.2…
LAMU, Kenya — President William Ruto has defended the planned Dangote East Africa Refinery in Lamu, saying the KSh2 trillion project will proceed despite a…
NAIROBI, Kenya — Dangote, chairman of Dangote Group, said he remained confident the planned 700,000-barrel-per-day refinery would go ahead despite an interim order issued by…
LAMU, Kenya — President William Ruto has said the ownership and operations of the planned Dangote East Africa Refinery will be conducted transparently as the…