Category: INTERNATIONAL
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Nigeria to open up government airports to private investment
Nigeria will open up its government-owned airports to private investment, the minister of aviation said on Monday, as the capital’s airport prepares to close for repairs after years of neglect. All government-owned airports will be offered to investors who have “the wherewithal, the know-how, the technology, the capacity, the ability, the finance to put up huge fantastic…
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Nairobi:Facebook takes on telcos with low-cost Internet
US tech giant Facebook has switched on its low-cost Internet in Nairobi, stepping up competition for telecommunication firms which earn significant revenue from users of the social networking site. ‘Express Wifi’ by Facebook, which is a joint project with Surf, a local Internet service provider, went live in Nairobi and its environs about three weeks…
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Egypt: Agreement On Russian Industrial Zone in Egypt to Be Signed in May, Minister
The agreement to establish the Russian industrial zone in Egypt is planned to be signed next May, the minister of trade and industry Tarek kabil said on Thursday. “Details for establishing the zone is being finalized nowadays with the Russian side and the final signing of the agreement would be during the meetings of the…
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Nigeria: Breaking – Foreign Airlines Reject Kaduna Airport As Abuja Airport Is Closed
Only one foreign airline has agreed to use the Kaduna International Airport, as the Nigerian government officially announced the closure of the Abuja International Airport on Monday. The Minister of State for Aviation, Hadi Sirika, told journalists that so far only Ethiopian Airlines has agreed to use the Kaduna airport as an alternative. The government…
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Nigeria: Govt Cautions Citizens Against Travelling to U.S.
The presidency has advised Nigerians who have no “compelling or urgent” reason to travel to the U.S. not to do so. The Senior Special Assistant to the President on Foreign Affairs, Abike Dabiri-Erewa, advised Nigerians who have no compelling or urgent reason to travel to the U.S. to postpone their travel plans until the Donald…
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Zimbabwean civil servants stage sit-in protest over bonuses
Zimbabwean government workers, including thousands of teachers, were due to stage a sit-in protest over unpaid bonuses on Monday ahead of a meeting with authorities, union leaders said. Doctors called off a planned strike on Sunday after government approved increased allowances and created 250 new jobs, the same day President Robert Mugabe returned from medical…
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S.A’s Competition Commission accuses Toyota carrier of collusion
The Competition Commission of South Africa has referred car carrier company Kawasaki Kisen Kaisha Ltd for a prosecution to the Tribunal for colluding on a tender for transportation of Toyota vehicles. The Commission referred Kawasaki Kisen Kaisha Ltd (“K-Line”), a Japanese company operating in South Africa, to the Competition Tribunal for price fixing, market division…
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Kenya:KenGen sets stage for higher power bills with plea to ERC
Consumers are set to pay more for electricity after power producer KenGen sought the energy regulator’s greenlight to recover costs of maintenance of power plants through higher bills. The State-owned company wants the nod from the Energy Regulatory Commission (ERC) to pass on the tariffs for its hydropower stations following recent upgrades. Maintenance costs refund…
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Nigerian Customs Gives Deadline for Payment of Vehicle Duties
The Nigerian Customs Services on Thursday gave a one-month grace period for all vehicles in the country whose customs duties have not been paid to do so or risk being impounded. The Comptroller-General of Customs, Hameed Ali, a retired Army colonel, who approved the grace period said it would last between Monday, March 13 and…
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Uganda: Libyans Pull Out of UTL, Uganda Govt Takes Over
Uganda Telecom Limited (UTL) that has been limping for years, will be rescued by government, that will take over its full management immediately. Minister for Finance Matia Kasaija confirmed that Libyan company UCOM, a subsidiary of majority shareholders Libyan Post, Telecommunication and Information Technology Holding Company (LPTIC), would no longer be able to finance UTL.…