Rwandan businessman wins Rwf156m in World Cup betting Munyakazi, 34, a resident of Rubavu district bet a paltry Rwf600 for a collective exact score of five matches at the Rubavu town LPS outlet in the ongoing Fifa World Cup to win the largest amount...
Joint deals for electricity access, more supply Despite general low production, joint investment ventures and power sharing are set to boost supply in Burundi and Rwanda, while Kenya, Tanzania and South Sudan are anticipating integration into...
Museveni and Kagame: Hated abroad, loved at home The two men stand out for the single-minded pursuit of their visions.”
Calls for audit of $6m missing gas cash Shadow minister of energy and minerals John Mnyika said there are discrepancies between the money paid by investors to the government and the actual amounts recorded in the government’s books.
TransCentury pays off Equity with RVR cash Infrastructure investment firm TransCentury will use the Sh3.8 billion it earned from its Rift Valley Railways (RVR) exit to pay debts and invest in new and ongoing ventures.
Money can’t buy you love, but in Africa it’s bringing health, happiness and (delayed) sex Rather than create dependency, or become a burden on budgets, cash transfers invest in the poor’s human capital, allowing people to generate even more income.
IMF boss cautions on rising Africa’s sovereign debt “There are some countries that have gone a bit ahead of themselves, and that are rising the level of indebtedness to a level which could be a concern,
Kenya, Uganda among top FDI recipients Kenya and Uganda are among the top 10 recipients of new foreign direct investment (FDI) in sub-Saharan Africa, with Nairobi posting one of the fastest rates over the past seven years.
Vultures are under threat of poisoning by poachers The vulture in Africa is under threat, and could become extinct in the near future. In the past two years alone, more than 1,500 have been poisoned by poachers, who lace elephant carcasses...
S&P sees Africa eurobond issuers paying more as cheap-money era ends African nations planning to issue Eurobonds are set to pay higher rates and face more scrutiny from buyers as the Federal Reserve cuts back on cheap money that drove record bond sales in 2013...
