WEEKAHEAD-AFRICA-FX-East African currencies seen firm, Zambia’s weak

LUSAKA, Nov 14 (Reuters) – Kenyan, Ugandan and Tanzanian currencies are expected to strengthen in the coming week as Zambia’s weakens. KENYA The Kenyan shilling is seen firm in the coming week due to dollar inflows from foreign investors buying stocks and government debt, subduing dollar demand from merchandise importers, traders said. Commercial banks quoted

Africa: Shalom – the New Kid On the Block

Shalom Nyandiko is evidence that with the right support and encouragement, young people can achieve their dreams. Born in 2005, in Gaborone, Botswana, to Kenyan parents, she has lived in Botswana, Kenya and is currently in South Africa where her family is based. With only four years of acting under her belt, Shalom Mong’ina Nyandiko,

Vodacom Tanzania’s H1 core earnings rise on M-Pesa, data revenue

DAR ES SALAAM, Nov 8 (Reuters) – Vodacom Tanzania’s core earnings rose 9.3% in the six months to the end of September, driven by increased revenue from its financial and data provision services, it said on Friday. Tanzania’s biggest telecoms operator, which is partly owned by South Africa’s Vodacom, said revenue from its M-Pesa financial

UPDATE 1-Uganda aims for Q1 investment decision on oil pipeline – minister

(Recasts, adds quotes, information on tax dispute) CAPE TOWN, Nov 6 (Reuters) – Uganda’s Energy Minister Irene Muloni said on Wednesday she is optimistic the government can resolve a tax dispute with oil companies in time to get first oil flowing by 2023. Muloni said she expected a final investment decision (FID) from oil companies

FEATURE-Gold rush? Not for us say Tanzania’s small-scale miners

TANGA, Tanzania Oct 30 (Reuters) – A new network of government-controlled trading centres was meant to ensure Tanzania’s small-scale miners got a bigger share of the country’s mineral wealth. But most still can’t get a foot in the door. Literally. Entry to the 28 exchanges scattered around the East African nation is restricted to those

Kenya: Likoni Tragedy – Navy, SA Team Tussle Delayed Recovery Efforts

The 13-day recovery operation to retrieve the bodies of a woman and her daughter whose car slipped off the ramp of the ferry in Likoni Channel was not all rosy. Interviews with team members revealed intrigue and friction, which were blamed for the delays. The bodies of Mariam Kighenda, 35, and Amanda Mutheu, 4, were

Athletics-Coleman off to hot start as marathoners set to sizzle

DOHA, Sept 27 (Reuters) – Christian Coleman posted the top time in the men’s 100 metres heats in the air-conditioned comfort of Khalifa Stadium at the world championships on Friday but there will be no such relief on Doha’s streets as the women prepare for a midnight marathon. The opening day of the 10-day event

1,500 flee homes in South Africa amid xenophobic violence: UN

By AFPMore by this Author At least 1,500 foreign nationals have been forced to flee their homes in South Africa amid a surge in deadly xenophobic violence in the country, the United Nations said Friday. The UN refugee agency voiced alarm at the violence, which reportedly killed at least 12 people — both foreign nationals

African banana producers urge EU to maintain tariffs on Latin American imports

ABIDJAN, Sept 20 (Reuters) – Struggling African banana producers called on the European Union on Friday not to cut tariffs on imports from Latin America any further. Exporters in Africa, the Caribbean and Pacific (ACP) have been losing market share since 2009, when the EU agreed to progressively cut tariffs on bananas from bigger growers