News Archives - Gambeta News

RWANDA PRESIDENT LAY FOUNDATION FOR CONSTRUCTION OF KIGALI FINANCIAL SQUARE TOWERS

Posted on June 22, 2022 by Gambeta News

President Paul Kagame on Tuesday, June 21 inaugurated the construction of the proposed Kigali Financial Square, a business complex set to serve as a regional hub for financial services. Located in the Commercial Business District, the proposed US$100-million twin towers, owned by Equity Holding Group Plc, are set to be completed in two years. The construction project was approved by the cabinet in November 2020. The property will be developed by Equity Holding (EH) Venture…

JKIA LONG QUEUE AFFECTING PASSENGER DUE TO TERMINAL REVAMP

Posted on January 19, 2022 by Gambeta News

The Terminal revamp ongoing at Jomo Kenyatta International Airport (JKIA) in Kenya is having a serious effect on activities in the area. According to Kenya Airports Authority (KAA), the issues has been compounded with the unavailability of JKIA’s Terminals 1B and 1C which are at advanced stages of refurbishment has compounded the situation. Due to such challenges, the Kenya Airports Authority (KAA) has sent an advisory alerting travelers to expect longer processing times and passenger…

WHAT CAUSED THE POWER OUTRAGE IN KENYA

Posted on January 12, 2022 by Gambeta News

Kenya witnessed a third nationwide power blackout in four years, which resulted in financial losses running into millions of shillings as businesses were disrupted. The outrage started around 10.45 am and took nearly four hours before being restored to parts of the country after repair works by the Kenya Power engineers. In May 2020, Kenya experienced a similar nationwide outage. This occurred after a section of a high voltage power line that transmits power to…

SENIOR DESIGN ENGINEER AT FLUOR, SOUTH AFRICA

Posted on May 10, 2019May 12, 2019 by Gambeta News

Fluor Corporation is a multinational engineering and construction firm headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in the following areas: oil and gas, industrial and infrastructure, government and power. Fluor Corporation is in search of Senior Design Engineer, South Africa. The reason for this position is to provide the essential administrative processes and technical knowledge. Job Description: It serves as an area lead or lead on assigned projects. Performs complex…

MALAWI AIRPORT GET NEW TERMINAL BUILDINGS

Posted on May 2, 2019 by Gambeta News

Kamuzu International Airport get new terminals to help reduce congestion. Kamuzu International Airport in Malawi now has a new phase after the completion of a three new terminal buildings. The project is part of expansion plan by the government of Japan towards helping malawi. The first phase comprise of an all new international arrival wing, passenger departure wing and a domestic terminal building. This will help reduce the congestion faced by passenger boarding the airplanes….

RESIDENT UNHAPPY WITH ALARMING 34% HIKE IN PROPERTIES VALUATION

Posted on April 23, 2019April 23, 2019 by Gambeta News

Hike in Property valuation Angers residents of cape town in South Africa. Resident are unhappy with hike in property valuation by the DA controlled in the city of cape town. The hike is 34% above the average valuation for the entire city of Cape town. Due to this event, The Sea Point, Fresnaye and Bantry Ratepayers Association (SFB) held a meeting with the deputy mayor Ian Neilson and Ward councilors Nicola Jowell. During the meeting,…

UGANDA GOVT. DRAFTING NEW POLICIES FOR OIL MONIES

Posted on April 16, 2019 by Gambeta News

Uganda Government drafts new policies to monitor Petroleum Fund spendings. Uganda Government has conclude plans to draft three policies that will help monitor the spending of Petroleum Fund. These policies will follow the guidelines set-out in the Public Finance Management Act (PFMA) of 2015. The Ministry of finance is responsible for the overall management of the Petroleum Fund and shall oversee the transfer into and the disbursements from the Petroleum Fund. The Petroleum Fund is under the Public Finance Management…

PICTURES OF AFROSTRUCTURE EVENT IN KENYA

Posted on April 16, 2019 by Gambeta News

Raila Odinga addressing infrastructure juggernaut at the AfroStructure Event. Former Prime Minister of Kenya Raila Odinga‏ is the speaking at the AfroStructure events in Kenya. This event is centred on improving infrastructure as well as financing. The aim of the seminar is to showcase how decisive infrastructure can play an important role in any nation. We are here to discuss a solemn subject; infrastructure financing.In the journey of a country's or a continent’s progress towards…

SOUTH AFRICA PLANS JOINT INVESTMENT PROJECT WITH IRAN

Posted on April 15, 2019April 15, 2019 by Gambeta News

Plans are in motion for South Africa and Iran Joint investment project. South Africa is set to enhance economic cooperation and carrying out joint investment projects in various fields with Iran. This remark was made during a conference on foreign investment opportunities in the southern Province of Hormuzgan. Mazwi Khumalo who is the Ambassador of South africa to Iran said that ”South Africa is a partner to a telecommunication project in Iran.” He also said that Iran…

AFRICA UNION SAYS HIGH-SPEED RAIL NETWORK ON TRACK

Posted on April 12, 2019 by Gambeta News

Africa Union making plans for High-speed rail Network which will connect all Africa countries. Africa Union (AU) has announce that the planned high-speed rail network is on track. The rail which will be use to connect Africa continent borders by 2063, will help ease movement goods and people across Africa. According to AU, the only problem facing the project will be corruption as it will derail the goal of the project. The aim is to improve the…

GHANA SIGN CREDIT FACILITY DEAL WITH CZECH REPUBLIC

Posted on April 11, 2019 by Gambeta News

Ghana sign credit facility deal with Czech Republic to provide 50 steel bridges. In a bid to improve steel component for the construction of new bridge, Ghana has sign a deal with Czech Republic. This deal which is a 47 million Euro credit facility will make Czech Republic to provide 50 steel bridges. The steel bridge will be provided for selected communities across the country. It will also satisfying the basic human needs by increasing accessibility to hospitals, schools…

ZIMBABWE’s CHILONGA BRIDGE REPAIR TO COST US$20M

Posted on April 11, 2019 by Gambeta News

Chilonga Bridge repair to cost US$20m after consultant working on the project said insufficient fund is holding it. Plans are underway to repair the Chilonga Bridge which was swept away during the Cyclone-Eline-induced floods in 2000. This is after the consultant working on the project unveil the repair amount to be US$20m. According to the consultant, RTGS$8 million availed by the Government is insufficient to complete the work. Meanwhile, resident has faced serious challenges especially when it comes…

TECH ADVISER-RESERV EVALUATION AT HALLIBURTON, GHANA

Posted on April 4, 2019 by Gambeta News

Halliburton is one of the world’s largest providers of products and services to the energy industry. With over 55,000 employees, representing 140 nationalities in more than 80 countries. It also helps customers maximize value throughout the lifecycle of the reservoir. Halliburton comprises 14 product service lines (PSLs). ROLES AT HALLIBURTON Under broad direction, provides technical expertise to the internal and/or external customer; Be responsible for pre- planning, job execution, post job analysis, and overall performance of product…

ZERA TO LICENSE INDEPENDENT POWER PRODUCERS (IPPs)

Posted on April 2, 2019 by Gambeta News

ZERA to issue 12 independent power producers (IPPs) license to operate in Zimbabwe Zimbabwe Energy Regulatory Authority (ZERA) is set to license 12 independent power producers. This new plan will help the country’s power deficit gap to be slashed significantly. The aim is to increase the nation power producing firm which currently have stands at 30 IPPs. Meanwhile, out of the 30 IPPs only eight of those have taken off and were currently operational. ZERA Acting CEO,…

KENYA SEEKS ANOTHER LOAN FROM CHINA FOR RAILWAY PROJECT

Posted on March 20, 2019 by Gambeta News

Kenya seeks for another funds to complete stage three of the standard gauge railway. Kenya is seeking for fund from China to complete the third phase of the standard gauge railway. The negotiating is a loan worth Sh 370 billion that will ensure passengers, goods and equipment are secure during their journey from Mombasa to Malaba in Busia County. Kenya Railways Acting Director Philip Mahinga said “We all know that the first phase of SGR from Mombasa to Nairobi cost Sh…

EGYPT DISCUSSES TRANSPORT REGULATORY AUTHORITY DRAFT LAW

Posted on February 20, 2019February 20, 2019 by Gambeta News

Egypt government discuss laws for boosting the country’s infrastructure in the transport sector. Egypt’s Parliament and the ministry of transport has discussed the Transport Regulatory Authority draft Law before submitting to the President. The discussion took place at the Egypt’s Transport Sector: “Embracing the Future” conference. The conference is organised by the American Chamber of Commerce in Egypt (AmCham). It aims at making industry stakeholders know the plans for the transport sector. Speaking during the conference, Egypt’s…

CHINESE EXIM BANK TO OFFER EGYPT US$3bn FOR ITS DEVELOPMENT

Posted on February 14, 2019February 14, 2019 by Gambeta News

Chinese Exim Bank offer US$3bn to Egypt for its infrastructure development. Chinese Exim Bank is offering Egypt US$3bn for their new projects over the next couple of years. This will help grow Exim Bank brand in the nation as well as investing for the future. The fund will include a facilitated loan of US$1.2bn for the implementation of Egypt’s first electric train. With over US$1bn for the Hamrawein coal plant and the rest for several…

AGRIZZI REVEAL STATE CAPITAL INQUIRY DEAL IN SOUTH AFRICA

Posted on January 16, 2019 by Gambeta News

Former Basasa COO reveal details of NPA bribery during the state capital inquiry in South Africa. Angelo Agrizzi who was the former Bosasa chief operation officer has reveal details of the state capital deal. According to Agrizzi, during the court session said he could not hold it anymore. He said that he felt as if he was in a cult. During the trial at the state capital inquiry, Agrizzi said that National Prosecuting Authority (NPA)…

SOUTH AFRICA GOVERNMENT PUNTS RENEWABLE ENERGY

Posted on August 28, 2018August 29, 2018 by Gambeta News

South Africa government is set to put plan of renewable energy to use South Africa government has launch its weight behind renewable energy in the new integrated resources plan (IRP). Meanwhile, the plan will see no increase in use of nuclear energy up until the year 2030. Minister of Energy Jeff Radebe said ”There will be detailed technical analysis to see how much may be needed post 2030- up until 2050. He also said the actual total electricity consume is…

NIGERIA GOVERNMENT ANNOUNCE NEW NATIONAL BUILDING CODE

Posted on June 13, 2018 by Gambeta News

Nigeria Government announce new national building code that will improve, safe life and property. Nigeria government has announce a new building code that will regulate every construction. It is also aim at improving and safeguarding the lives and property in the country. The news was announce in Abuja while inaugurating members of the Architect Registration Council of Nigeria (ARCON). Minister for Power, Works and Housing, Babatunde Fashola said “We have come up with the new code due to…

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