EA Business News

Following increased pressure from European countries, Tobacco companies are said to have found Africa a safe haven where control measures are loose in many countries.

In order to overcome the current global economic crisis, effective partnerships between government and business are necessary, says Sasol South Africa's Chief Executive Officer Pat Davies.

THE United States Senate has recommended that financial restrictions on Zimbabwe and targeted sanctions on Robert Mugabe and his cronies be maintained until there are tangible reforms.

PRIME Minister Morgan Tsvangirai's trip to Europe, the United States and Scandinavian countries has turned out to be a reality check not just for him alone but for Zimbabweans in general. While Tsvangirai is well-meaning and trying his best to rescue the country from international isolation and economic crisis, his tour has confirmed that the root cause of the problem lies at home, not abroad.

UNITED States companies on Thursday said no investment would come to Zimbabwe soon after the removal of sanctions despite interest to establish business ventures in the country.

AFRICAN businesses need increased access to financial resources to improve their competitiveness on the global markets, the Africa Competitiveness Report 2009 released on Wednesday said.

Business Daily Africa
Kenya Launches East Africa Fiber-Optic Cable Project
EasyBourse.com, France
NAIROBI -(Dow Jones)- Kenya Friday launched the East Africa Marine Systems fiber-optic cable project at the Indian Ocean port of Mombasa's landing point. "We have now became a part of the global communications village," President Mwai Kibaki said at ...
Broadband's last link connects in East Africa FT.com Blogs
Traders braced for fibre cable impact Business Daily Africa
PRESIDENT KIBAKI TO LAUNCH E. AFRICAN SUBMARINE CABLE Coastweek
TeleGeography - Standard
all 16 news articles

History Of Aviation In East Africa
Coastweek, Kenya
"That chance meeting, so many years a go, gave me the inspiration to write a book on the history of aviation in East Africa ". Thus writes Stephen Mills who is a last publishing his book, 25 years later ! Starting with the first lighter-than-air gas ...

East Africa: EAC Budget Approved, Legislative Assembly Allocated ...
AllAfrica.com, Washington
"The budget was approved with no major adjustments expect more funds were allocated to the East Africa Legislative Assembly (EALA) though these additional funds will come from the Secretariat ," Monique Mukaruliza , the Chairperson of the EAC Council ...

Investors' optimism about a global economic recovery continued to push crude to fresh highs as price rallied above $72 a barrel yesterday.

Finance minister Syda Bbumba read her first budget yesterday. She read the budget in the context of a difficult global economic situation, which has begun to affect our economy.

When Alhaji Umaru Yar'Adua was sworn in as President two years ago, he promised to declare a state of emergency in the power sector.

East Africa universities take advantage of Google cloud
PCWorld Norge, Norway
Universities in East Africa have taken up Google software to host student e-mail accounts and share documents as the region gears up for a rise in online security threats. Universities in East Africa have taken up Google software to host student e-mail ...

THE just-ended 13th Summit of Comesa Heads of State and Government hosted in the resort town of Victoria Falls was a roaring success for the region and particularly for our country, as the host nation.

The country’s highest court said the entertainer can adopt a second child from the southern African country.

Petrofac Maintains Profitability Amid Pressure to Cut Oil Costs
Bloomberg
By Guy Collins June 12 (Bloomberg) -- Petrofac Plc, a UK oil-services provider with projects in the Middle East, Africa and North Sea, is maintaining its profitability amid pressure to cut costs and expects growth after winning $5 billion of contracts. ...

About 10,000 out of the 12,000 primary school teachers in Jigawa State are unqualified, chairman of the 11-man committee set up by the government to source for quality teachers, Professor Kabiru Isyaku has said.

Mr. al-Nimeiry took over Sudan in a 1969 coup and held on to the presidency until a bloodless coup ousted him in 1985.

American officials say they are seeing evidence that a handful of Al Qaeda leaders are leaving Pakistan’s tribal areas for new havens.

African economic experts at the World Economic Forum on Africa have called for a regional approach to the global financial crisis, but South Africa - the continent's strongest economy - does not want to play ball.