Business

Uganda and Tanzania are looking to incorporate electric railway lines into their standard gauge railway transport network. Check also: Nigeria To Build A $2.4billion Lagos Red Line Rail Project According to the East African newspaper, the two countries are planning to upgrade the SGR project after its installment to electric lines. However, this will depend on the availability of sufficient energy supply. ...

The tourism sector on Tuesday got a major boost as President Uhuru Kenyatta opened two international hotels and laid the foundation stone for the tallest building in Africa. Check also: Top 10 Most Expensive Buildings On The African Continent The Nairobi hotels are the Park Inn in Westlands with a bed capacity of 140 managed by Radisson Hotel, and Lazizi Premier ...

Kampala — Kampala Capital City Authority ( KCCA ) has increased the amount of money by three times what it charges in property tax, a move that could lead landlords passing on the burden to tenants through rent. Check also: Why You Should Stop In Kampala First Before You Move To Other Parts Of Uganda A landlord, who has been paying ...

The strength or value of a currency is an index of its purchasing power, reflecting the current economic situation of a country in comparison with other countries in the world. Using the dollar as a benchmark, here Face2Face Africa ranks the seven strongest currencies in Africa. Check also: This is What Will Happen When You Give Money To The Poor The list includes ...

Commercial Bank of Africa ( CBA ), which is majority-owned by the Kenyatta family, is in the running to acquire the Rwandese subsidiary of Uganda’s Crane Bank in what marks the latest expansion of the wealthy family’s empire. Check also: Uhuru Kenyatta’s Family To Buy Stake In Distressed Bank In DR Congo CBA already operates an equivalent of mobile banking service ...