Tanzania retaliate after Fastjet forced to delay planned entry to Kenyan market

March 18, 2015 5:15 am0 comments by:
Tanzania retaliate after Fastjet forced to delay planned entry to Kenyan market

In a response to the Kenyan government’s unwillingness to allow Fastjet to Kenyan sky; Tanzania has notified Kenya’s aviation authorities it decisions to cut the number of Nairobi to Dar es Salaam flights by Kenya Airways airlines with effect from 18th March 2015.

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Oman’s biggest sovereign Wealth Fund opens office in Tanzania

March 12, 2015 12:01 am1 comment by:
Dar es Salaam, the commercial capital and largest city in Tanzania.

Oman’s biggest sovereign Wealth Fund, the State General Reserve Fund (SGRF) has opened a new office in Tanzania.

SGRF office was formed in Jan 2015 and legally registered under the name of “Onyx Stone Company Limited”. The new office will be run by Mohamed Al Tooqi as the Country Manager in order to capitalize on the growing opportunities in Sub-Saharan Countries.

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Fly Dubai Launches Inaugural Flight to Entebbe

October 1, 2014 7:49 am0 comments by:
Fly Dubai Launches Inaugural Flight to Entebbe

By Joseph Elunya Fly Dubai yesterday launched its inaugural flight into Entebbe International Airport. The inaugural flight to Entebbe International Airport was witnessed by Uganda’s Minister for Works Abraham Biyandala and Fly Dubai’s Chief Commercial Officer Hamad Obaidalla. The low cost carrier will be flying seven times a week from Entebbe International Airport to Dubai. Speaking at the launch in Entebbe, Hamad Obiadalla the airline’s Chief Commercial Officer,  said the launch of the daily flights into Dubai will help the business community in Uganda to bring in goods at a low cost. He also explained that Fly Dubai will help in boosting the country’s tourism because of the affordable flight […]

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EAC Sign Joint Regional Financing Mechanism for the Standard Gauge Railway Project

May 12, 2014 8:16 pmComments Off on EAC Sign Joint Regional Financing Mechanism for the Standard Gauge Railway Project by:
EAC Sign Joint Regional Financing Mechanism for the Standard Gauge Railway Project

East African Countries have signed a sign Joint Regional Financing Mechanism for the Standard Gauge Railway The protocol has been signed at a special meeting attended by Presidents, Yoweri Kaguta Museveni, Uhuru Kenyatta, Paul Kagame, Salva Kiir and the Rt. Hon. Prime Minister of the People’s Republic of China paving the way for its implementation. “I thank His Excellency Uhuru Kenyatta for being a real East African, not in words, but in action. Even the Bible says we shall know them by their fruits” – President Museveni  remarked to  his East African counterparts during the signing ceremony in Kenya. The first Summit of the Northern Corridor Integration Projects held in […]

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East African Countries to Meet Over Single Visa

February 18, 2014 6:59 pm0 comments by:
East African Countries to Meet Over Single Visa

Kampala-Uganda will be hosting the 4th Northern Corridor Integration Projects Summit in Kampala on 20th February 2014. The main focus will be to share the developments on the projects being fast tracked and propose the best way forward. The Northern Corridor countries of Kenya, Rwanda, Burundi and South Sudan will be participating in the Summit. The Summit will be preceded by a meeting of senior officials on 18th February and of Ministers on 19th February 2014. During the meetings, reports will be presented on achievements registered in the various sectors since the last Summit in Kigali on 20th October 2013. To be discussed will be reports from various Sectors coordinated […]

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Safaricom on the money and free internet pledge

November 7, 2013 1:18 pm0 comments by:
Safaricom on the money and free internet pledge

Safaricom has announced it will give free Internet to schools in the government’s laptop project after posting a 45percent rise in profit for the first half of 2013-14 to Sh11.3billion.

The growth was driven by a 49 percent growth in Short Message Services (SMS) as well as mobile data that increased by 43 percent in the period under review.

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Window 8 Smart Phone for Afrika

November 6, 2013 2:41 pm1 comment by:
Window 8 Smart Phone for Afrika

Smartphones in Africa still represent a very small percentage – 10 percent – of total phones across the continent. As a first critical step toward increasing the adoption of smart devices, Microsoft and Huawei are introducing the Huawei 4Afrika – a full functionality Windows Phone 8 which will come pre-loaded with select applications designed by Africans, for Africa.

The phone will be available in most of African countries by the end of the year.

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TTCL to Become State Owned Company Again!

November 5, 2013 12:56 pm0 comments by:
TTCL to Become State Owned Company Again!

THE government has announced plans to wholly own Tanzania Telecommunications Company Limited (TTCL). This will enable the oldest and largest telecommunication company to roll well its plans, including becoming the market leader in the country.

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PayPal Now Available to Equity Bank in Kenya

October 27, 2013 8:20 am0 comments by:
PayPal Now Available to Equity Bank in Kenya

Payment service company PayPal, has partnered with Equity Bank for traders in Kenya to access PayPal’s global customer base, of more than 137 million active accounts in 193 markets.

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SABA-GIFCO to Invest in Uganda

October 24, 2013 6:40 pm2 comments by:
SABA-GIFCO to Invest in Uganda

Kampala-The Dubai based SABBA-GIFCO a cold chain logistics company is to setup its subsidiary in Uganda. A delegation of investors from SABA-GIFCO firm led by the Director of the company Mr. Tarek Maki yesterday met President Yoweri Kaguta Museveni  and held talks with him on the issue of establishing the firm. SABBA-GiFCO is renowned for transportation of frozen foods that include fresh fruits and vegetables across Africa and Arab countries. It operates in countries such as Kenya, Uganda, Southern Sudan, Egypt, Lebanon, Kuwait, Dubai and Iraq. Mr. Tarek Makki informed President Museveni that the cold chain Logistics Company choose Kampala-Uganda as a hub for their investment because of the impressive […]

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