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East Africa

Tanzania considers tax on charcoal to save forests

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Tanzania is considering putting a tax on charcoal with the aim of discouraging the use of the fuel, which is a big source of energy for cooking but also a major contributor to deforestation. Officials say they believe making charcoal more expensive would significantly reduce demand for it and cut runaway tree felling in the east African nation. Justus Ntalikwa, ...

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U.S. State Dept approves possible $418 mn military aircraft sale to Kenya

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The U.S. State Department has approved a possible $418 million sale to Kenya of aircraft with weapons and related support, a Pentagon agency said on Monday. The Defense Security Cooperation Agency said in a statement the approval was for the possible sale of up to 12 Air Tractor AT-802L planes and two AT-504 trainer aircraft, a weapons package, technical support ...

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Tanzania:Local Economy Impresses IMF

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The International Monetary Fund (IMF) Resident Representative in Tanzania, Mr Bhaswar Mukhopadhyay, said yesterday that his organisation is satisfied with the speed of Tanzania’s economic growth and that the country is among the fast growing economies in Africa. Mr Mukhopadhway said IMF expects to witness economic growth in the coming years in collaboration with private sectors in the country. The ...

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Japanese Government to Support Irrigation in Uganda

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The Japanese Ambassador to Uganda, Mr Kazuaki Kameda, has pledged his government’s support towards promoting irrigation in the country in order to enable Uganda produce adequate food. While commissioning piped water system at Mushumba Primary School in Ryeru Sub-county last week, Mr Kameda said the Japanese government will encourage people to adopt irrigation as way of improving agriculture. “Recently, President ...

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Uganda: Oil Cash Payout Leaves Government Arms Bickering

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Separation of powers. These three words have dominated political chatter this week. How should the three branches of government share power? Where is the red line that must not be crossed? What amounts to interference by one government power centre into the work of another? These are the questions that kept keen observers second guessing as the three branches of ...

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Ethiopian to Open Seven New Destinations

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Ethiopian Airlines, Africa’s largest airline group, announces that it will launch seven new destinations in five months time. This is one of the greatest expansions in Ethiopian’s long and illustrious history. In a press release, Ethiopian said it would launch new service to Victoria Falls (Zimbabwe), Antananarivo (Madagascar), Conakry (Guinea), Oslo (Norway), Chengdu (China), Jakarta (Indonesia) and Singapore (Singapore) starting ...

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Kenya: Emirates to Launch 3rd Daily Flight to Nairobi

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Emirates has announced that it will introduce a third daily flight between Dubai and Kenya’s capital from 1st June 2017. The additional flight will increase the number of scheduled Emirates flights between the two cities to 21 a week and give customers greater flexibility and choice when planning their travel. Emirates says the Nairobi route has grown to become one ...

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Tanzania: Loliondo District Conflicts ‘Cause Investor Exit’

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Long standing conflicts in Loliondo District have forced more than eight investor firms to pack their bags and flee from the former Game Controlled Area, which is mapped within the Ngorongoro District, it has been learnt. A statement from the Loliondo Division’s Tourism Of-ficer, Mr Elibariki Bajuta, revealed that in the last five years, eight companies that used to operate ...

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Uganda: Parliament Agrees to Investigate Oil Tax Bonus

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Parliament on Wednesday agreed to set up a select committee to look into what has been referred to as the “Golden Presidential handshake” that cost tax payers sh6 billion. The bonus was paid out to a team of 42 selected government officials in “recognition of their efforts” to recover capital gains tax in an international case last year. “Honourable members ...

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Ghana Business News