AFDB SIGN US$94.52M CONTRACT FOR UGANDA ROAD PROJECT

AFDB SIGN US$94.52M CONTRACT FOR UGANDA ROAD PROJECT

AFDB loans US$94.52m to uganda for the Kapchorwa-Suam-Kitale and Eldoret Bypass Roads Project. Africa Development bank(AFDB) held a meeting with uganda government about the construction of a major road project in the nation that will help the country construction sector. The contract was signed after the meeting and a loan of US$94.5m was given to the government for the Kapchorwa-Suam-Kitale and Eldoret Bypass Roads Project which will link uganda and kenya. AfDB Director General, Gabriel Negatu,  “The…

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NIGERIAN BREWERIES MAINTAINS CUSTOMERS SATISFACTION

NIGERIAN BREWERIES MAINTAINS CUSTOMERS SATISFACTION

Marketing Director of Nigeria Breweries, NB Plc, Franco Maria Maggi reassures devotion to customers satisfaction. Marketing Director of Nigeria Breweries, NB Plc, Franco Maria Maggi, has said that “the company will carry on with its high quality standard and customer satisfaction strategy. Our quality brands speak for themselves and this is why we are very optimistic about the acceptance this brand will receive on its arrival to the Nigerian market. It is unique, different and…

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ATTERBURY COMPLETES MAJOR PROJECTS IN AFRICA

ATTERBURY COMPLETES MAJOR PROJECTS IN AFRICA

  Property developer and investor Atterbury, focused to develop Africa. Lack of opportunities in South Africa because of a low growth environment, has cause Atterbury to shift its focus to Mozambique and have currently completed the first phase of the US$20m Pemba Shopping mall in Mozambique’s port city of Pemba, the capital city. Pemba Shopping, an 8,000m² centre, is a joint venture between Atterbury and TradeHold Africa. It is one of three shopping centres that Atterbury is…

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NNPC PLANS TO BUILD MORE DEPOTS

NNPC PLANS TO BUILD MORE DEPOTS

NNPC plans to expands its product supply and distribution by building more depots across the country. The Nigerian National Petroleum Corporation (NNPC) has plan to open more depot across the country so as to expand their market shares. The aim of the project is to ease products supply and distribution in the country. The statement was made by NNPC Spokesman, Mr Ndu Ughamadu in Abuja while inaugurating the board of one of its downstream companies, NNPC Retail limited. The…

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KENYA SEEKS FOR US$ 22bn TO BUILD AFFORDABLE HOUSES

KENYA SEEKS FOR US$ 22bn TO BUILD AFFORDABLE HOUSES

Kenya to constuct affordable houses in fulfillment of the “Big Four” agaenda… The Kenyan government is presently aiming to get investors for a US$ 22bn project to construct affordable houses. The project is among President Uhuru’s “Big Four” policy agenda that he intend to accomplish with his team. The Principal Secretary for Housing and Urban Development Aidah Munano verifies the report and said that “the ministry was working on an incentive package to attract international…

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U.S., U.K. SPEAKS AGAINST THE CLAMPDOWN OF A PEACEFUL PROTEST BY DR CONGO

U.S., U.K. SPEAKS AGAINST THE CLAMPDOWN OF A PEACEFUL PROTEST BY DR CONGO

  U.S., U.K. condemns the crackdown of protest by DR Congo The United State and United Kingdom in a joint statement to Democratic republic of Congo (DRC), they said that “The use of disproportionate and lethal force against Congolese citizens and the cutting of internet and SMS services breached assurances from the DRC Presidency that security forces had been instructed to protect the fundamental rights of citizens while maintaining public order.”   The statement also showed…

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PORT-HARCOURT INTERNATIONAL AIRPORT REMODELING CONTRACT SET TO BE REVOKED BY GOVERNMENT

PORT-HARCOURT INTERNATIONAL AIRPORT REMODELING CONTRACT SET TO BE REVOKED BY GOVERNMENT

Nigeria Government plans to revoke port-harcourt international airport remodeling contract due to slow pace of work by contractor. The Nigeria Government under the ministry of Aviation has threatened to revoke the remodelling contract of the domestic wing of the Port Harcourt International Airport due to slow pace of work by the contractor. The contract which was awarded to INTER-BAU Construction Ltd had suffered prolonged delay since inception in 2012 and it has resulted in the federal government setting a…

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TANZANIA CHIEF JUSTICE WARNS POLITICIANS NOT TO MINGLE WITH JUDICIARY MATTERS.

TANZANIA CHIEF JUSTICE WARNS POLITICIANS NOT TO MINGLE WITH JUDICIARY MATTERS.

Chief Justice Ibrahim hamais Juma warns the government against meddling with the judiciary.  Head of Tanzania’s judiciary, Chief Justice Ibrahim Hamis Juma, has warned politicians to stop mingling with matters concerning the judiciary. He was speaking at a press briefing in connection with the country’s Law Week celebrations which marks the beginning of the court calendar that “Anybody who does so will be dealt with accordingly, this is the message I want to send. We are…

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KENYA PARTNERS WITH INDIA TO BUILD A MULTI-MILLION CANCER HOSPITAL AND ONCOLOGY SCHOOL.

KENYA PARTNERS WITH INDIA TO BUILD A MULTI-MILLION CANCER HOSPITAL AND ONCOLOGY SCHOOL.

Kenya to construct a cancer hospital and oncology school. A multi-million dollars cancer hospital and oncology school is set to be constructed in Kenya after an agreement between Kenya and India is fully implemented. This initiative will eventually reduce cases of ailing Kenyans traveling to India for treatment. Following the agreement between India and Kenya a multi-million dollars cancer hospital and oncology school is to be constructed to reduce the cases of sick Kenyans traveling…

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NAMIBIA UNOCCUPIED MASS HOUSING SCHEME SET TO BE ALLOCATED

NAMIBIA UNOCCUPIED MASS HOUSING SCHEME SET TO BE ALLOCATED

Namibia government set to allocate unoccupied mass housing scheme after two year of completion. The mass housing scheme which has been constructed by the government has been vacant for over two years is now set to be handed over before the end of this financial year according to the Chief Executive Officer of National Housing Enterprise (NHE) Gisbertus Mukulu. According to Gisbertus Mukulu, the houses which are under the Katima Mulilo scheme have been allocated to new owners, however the…

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ZIMBABWE’S TOP OFFICIALS HAVE BEEN GIVEN UNTIL THE END OF FEBRUARY TO DECLARE ASSET.

ZIMBABWE’S TOP OFFICIALS HAVE BEEN GIVEN UNTIL THE END OF FEBRUARY TO DECLARE ASSET.

Cabinet ministers and senior government officials in Zimbabwe to declare their assets. President Emmerson Mnangagwa in his fight against corruption in Zimbabwe  has given the cabinet ministers and senior government officials until the end of february to declare their assets. Misheck Sibanda, chief secretary to the president and cabinet, said in a statement that it was now compulsory  for cabinet ministers, their deputies, senior government officials and bosses of state-owned businesses to declare their assets….

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TANZANIA’S $215M KIDUNDA WATER PROJECT TO BE INITIATED IN JULY

TANZANIA’S $215M KIDUNDA WATER PROJECT TO BE INITIATED IN JULY

Tanzania’s Kidunda dam water project to commence in july. The long awaited Kidunda Dam water project in Morogoro Region in Tanzania will commence in july 2018. Negotiations between the Dar es Salaam water and Sewerage Authority (DAWASA) and the National Social Securtiy Fund (NSSF) are ongoing as the project is aimed at increasing the water supply within the Dar es Salaam and Coast region. DAWASA Acting Chief Executive Officer, Engineer Romanus Mwang’ingo, said the authority…

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GHANA MAINTAINS POLICY RATE

GHANA MAINTAINS POLICY RATE

Bank of Ghana maintains policy rate at 20% After the conclusion of the Monetary Policy Committee (MPC) meeting held yesterday (January 22, 2018) by Bank of Ghana, it was announced that Ghana’s central bank would maintain its policy rate of 20%. The Central Bank Governor, Dr Ernest Addison explained that the decision was reached to help keep inflation at a stable rate. He further added that a trend decline in the headline and core inflation allowed for a 550 basis…

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ZIMBABWE PETROL AND DIESEL PRICE TO DROP VERY SOON.

ZIMBABWE PETROL AND DIESEL PRICE TO DROP VERY SOON.

Zimbabwe to cut import tax on fuel. The government official said in a statement that “Zimbabwe has cut its import tax on petrol and diesel by as much as 17%, the first time it has done so since it adopted the U.S. dollar in 2009, in a bid to lower the pump price for motorists.” Motorists in Zimbabwe pay more for petrol and diesel than most southern African nations. The price of petrol is $1.41…

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TECHNOLOGY ; A TOOL AGAINST CORRUPTION..

TECHNOLOGY ; A TOOL AGAINST CORRUPTION..

Technology has proven to be better way to fight corruption. Corruption affects not just the financial level of the country but also the social level of a country reducing citizen’s trust in organisations. Technology has proven to be better way to fight corruption, in Benin for example, a youth group set up an app to fight the scourge called Anticorr meaning “anti-corruption”. It is a device that allows to denounce acts of corruption and will provide…

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FIVE MAJOR AIRPORTS IN NIGERIA TO BE REMODELED.

FIVE MAJOR AIRPORTS IN NIGERIA TO BE REMODELED.

Nigeria to remodel major airports in the nation. The Federal Government said yesterday that Nigerian airports will start wearing a new look with the plans to construct five new terminal buildings across the nation’s airports to make them align with international standards. Minister of Aviation Mrs. Fidelia Njeze said this while declaring open the 19th edition of the Airport Council International (ACI) Conference and Exhibition, Africa Regional in Abuja. She said Federal Government was determined…

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KENYA’S JAVA GROUP SET TO INVEST UP TO 10 MILLION WITH PLANS INCREASE ITS NETWORK.

KENYA’S JAVA GROUP SET TO INVEST UP TO 10 MILLION WITH PLANS INCREASE ITS NETWORK.

Kenya’s Java group set to increase its foothold in the country. Java Group, the leading restaurant chain in Kenya, is set to invest between Ksh500 million (about $5 million) and Ksh1 billion (about $10 million) in an expansion drive that is part of the company’s plan to increase its foothold in the country. Kenya plans to invest between Ksh500million ($5 million) and Ksh1 billion ($10 million) to expand the java Group (the prime restaurant chain…

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The Do’s & Don’ts of Scaffold Safety in Construction

The Do’s & Don’ts of Scaffold Safety in Construction

We all know that fall hazards are the leading cause of construction workers deaths, and this accounts for about 40% of all fatalities in construction each year. Of the 222 construction worker fatalities attributed to falls in 2017, about 9% were from scaffolds. OSHA estimates that about 65% of all construction workers perform some work on scaffolds every year. That’s a lot of people working on scaffolds potentially being exposed to a number of hazards such…

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MONETARY POLICY COMMITTEE MEETS TO REVIEW GHANA’S ECONOMY

MONETARY POLICY COMMITTEE MEETS TO REVIEW GHANA’S ECONOMY

Quarterly meeting held by Ghana’s Central Bank’s Committee on Monetary Policies to review the country’s economy. Bank of Ghana committee on monetary policies met on the 19th of January 2018 for its quarterly meetings to review Ghana’s economy. The meeting which is the first for this year will be concluded today 22nd January 2018, with the committee releasing the policy rate for the year. The Central Bank in 2017 alone reduced the policy rate by…

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ETHIOPIA DECLINES ARBITRATION FROM WORLD BANK OVER NILE WATER DISPUTE.

ETHIOPIA DECLINES ARBITRATION FROM WORLD BANK OVER NILE WATER DISPUTE.

  Ethiopia and Egypt are at rival over the construction of the Ethiopians Renaissance Dam.   Ethiopia’s Prime Minister Hailemariam Desalegn turned down the idea by Eygpt for World  Bank arbitration in a dispute over a hydroelectric dam Addis Ababa is building along its share of the Nile. With discussions deadlocked for months over the wording of a study on its environmental impact, Egypt’s Foreign Minister Sameh Shoukry proposed late last month that the World Bank…

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