N e w s

Miners Find South African Gold Recovers Its Luster

 JOHANNESBURG—After years battling depressed prices and cost-cutting, South African gold miners are regaining their shine.   Over the past two weeks, the country’s top four gold producers have announced soaring profits and dividends, reaping the benefits of yearslong restructuring and a 25% jump in the benchmark gold price this year.   The rise has been leavened by weaker currencies in South Africa, Brazil and.... Read more »

Posted on : Saturday , 27th August 2016

Wind, solar can supply bulk of South Africa’s power at least cost, CSIR model shows

The dramatic fall in the cost of supplying power from wind and solar photovoltaic (PV) plants has moved the global electricity supply industry beyond a critical “tipping point”, which leading energy scientist Dr Tobias Bischof-Niemz says is irreversibly altering the operating model, with significant implications for sun-drenched and wind-rich South Africa.   Instead of renewable energy playing only a modest and supportive role.... Read more »

Posted on : Saturday , 27th August 2016

Ethiopia: Effective Irrigation Dev't to Boost Production, Productivity

 Agriculturalists frequently indicate that irrigation development can be taken as one of the prominent ways to ensure food security and increase productivity. As irrigation can be considered as an agricultural technique to utilize water gained from rain and wells for farming, currently the use of irrigation in Ethiopia has become common and growing from time to time.   Ministry of Farming and Natural Resource Irrigation Drainage.... Read more »

Posted on : Saturday , 27th August 2016

AFDB Group and Jetro to Sign MOU in Infrastructure and Private Sector Development

 The African Development Bank Group (comprised of the African Development Bank and the African Development Fund (AfDB/ADF) and the Japan External Trade Organization (JETRO) will sign a Memorandum of Understanding (MOU) on August 26, 2016 at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya   The objective of the MOU is to establish a general framework to promote collaboration between them in.... Read more »

Posted on : Saturday , 27th August 2016

Tanzania’s rural electrification plan gets $470m boost

 Tanzania's plans to increase electricity connections in rural areas have been boosted by a $470-million loan that the East African country has secured from a consortium of development partners. The country has made efforts to tackle abject poverty in rural Tanzania, where electricity access has remained a pipe dream for the majority, but the loan – from the World Bank, the Norwegian, Swedish and UK governments, the European Union.... Read more »

Posted on : Saturday , 27th August 2016

Kenya to acquire vital equipment to aid fight against cancer, First Lady told

 The International Atomic Energy Agency (IAEA) announced on Friday that they have secured some funding from America to enable Kenya acquire vital equipment needed to fight cancer.   The subsidised machines will be acquired through a cost-sharing arrangement between IAEA and Kenya and are expected to go a long way in the management of various forms of the disease including cervical, breast and prostrate cancer.   Director.... Read more »

Posted on : Saturday , 27th August 2016

Kenya pledges Sh500 million to Global Fund to fight HIV, TB, Malaria

 Kenya has pledged approximately Sh500 million ($5 million) donation to the Global Fund to fight HIV, TB and Malaria, DP Ruto said Friday.   Ruto made the announcement at the TICAD universal health coverage side event in the presence of Japan Prime Minister Shinzo Abe at KICC.   Kenya is a major recipient of global fund support in provision of ARVs and mosquito nets.   Last year, Kenya pledged $2.6 million (approx..... Read more »

Posted on : Saturday , 27th August 2016

Toyota Tsusho revs up technician development in Kenya

  Toyota Tsusho will take on nearly twice as many trainees at its vocational education center here in the Kenyan capital, seeking to develop human resources to benefit the region's economy and the company's operations.   Some 381 students learned skills such as automobile repairs in 2015 at the Toyota Kenya Academy, an institute opened in 2014 by a subsidiary. An enrollment increase to at least 750 is planned starting this year,.... Read more »

Posted on : Saturday , 27th August 2016

Efficient cookstoves save trees - and chickens - in Kenya

 GICHANGI, Kenya (Thomson Reuters Foundation) - Farmers in Kenya's Laikipia County have found a clever way to reduce their use of wood for fuel while raising more chickens for cash: an efficient ceramic cooking stove that doubles as a chick brooding box.   The locally built stove, used for cooking and home heating in the cool region, contains a separate warming area where chicks can be kept to keep them healthy and safe, farmers.... Read more »

Posted on : Friday , 26th August 2016

TaeguTec’s century of expertise machine tools in South African industries

 For 100 years, TaeguTec has been in the business of supplying the best products to companies around the world. While times have changed the one that has not is the superior quality and service offered by TaeguTec to all the manufacturing facets in South Africa.   As the continent’s largest African investor, South Africa sends more than 25% of its manufactured products into the continent; that is why cutting tools need to be.... Read more »

Posted on : Friday , 26th August 2016

Tanzanian Diaspora Assured of Government Support

 Zanzibar — President John Magufuli said yesterday that his government remains committed to working with the country's Diaspora in making the country's development agenda successful.   He said the government has been taking different measures, including improvement of the infrastructure aiming at creating an enabling environment that will allow members of the Diaspora to invest in national development.   "We.... Read more »

Posted on : Friday , 26th August 2016

Kenya: Reforms in Mining Industry Underway, PS Says

 The government has started reforms aimed at ensuring transparency and accountability in the country's mining industry.   Mining Principal Secretary Ibrahim Mohamed told delegates attending an international conference for auditors in Mombasa that as a regulator, the ministry had developed policies to promote the industry for socio-economic development.   "In compliance with the Constitution, we have embarked on a.... Read more »

Posted on : Friday , 26th August 2016



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