As presently constructed, Kenya stands as East Africa’s second largest economy in terms of overall GDP, second only to Ethiopia. However, Kenya’s spot as the subcontinent’s second largest economy could change within the next decade owing to the rate at which East Africa’s 3rd largest economy, Tanzania is growing. This prediction is based on a report issued by the…
The government of Tanzania, the African Development Bank, and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million. The funds will finance the construction of the 87.8-megawatt Kakono Hydropower Plant located in Kagera region in the northern part of Tanzania. The project also received a grant of EURO 36 million from the…
The government of Tanzania, the African Development Bank, and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million. The funds will finance the construction of the 87.8-megawatt Kakono Hydropower Plant located in Kagera region in the northern part of Tanzania. The project also received a grant of EURO 36 million from the…
This month TNT Africa (DStv Channel 137) is celebrating its 100th anniversary of Warner Bros. with a global centennial campaign Celebrating Every Story “We’re proud to play a part in celebrating a century of film with Warner Bros. Studios this month – and seeing the exciting plans the global team has lined up for the rest of the year,”…
This month TNT Africa (DStv Channel 137) is celebrating its 100th anniversary of Warner Bros. with a global centennial campaign Celebrating Every Story “We’re proud to play a part in celebrating a century of film with Warner Bros. Studios this month – and seeing the exciting plans the global team has lined up for the rest of the year,”…
Paul Theron, MD at Vestact Asset Management, and South African fashion designer David Tlale speak to The Money Show’s Bruce Whitfield about French multinational LVMH. A 5% rise in LVMH’s share price in mid-April saw the company’s market capitalisation reach $486 billion, briefly ranking it as the world’s 10th-biggest company. The luxury-brand powerhouse also becomes the first European company…
Moroccan international Achraf Hakimi has been a trending topic on all media platforms across the world, in the last few days. This was after his wife, a TV model, discovered he owns ‘nothing’ despite earning millions of Euros in his football career. Hakimi is a football player with Paris Saint Germain (PSG) and the Moroccan national football team which…
Nearly 100 civilians have died and hundreds wounded in ongoing battles between Sudan’s regular army and a powerful paramilitary force after long-running bitter brinkmanship spilled into conflict. At its heart lies two rival generals, army chief Abdel Fattah al-Burhan and his deputy, Mohamed Hamdan Daglo, commander of the large and heavily armed paramilitary Rapid Support Forces (RSF), formed from…
__________________ Four people were on Thursday found dead and nearly a dozen others hospitalised in Kenya’s coastal Kilifi county, after being rescued while waiting the imminent end of the world. __________________ The victims who are believed to be members of Pastor Paul Mackenzie’s Good News International Church say they had been told to fast to avoid “apocalyptic damnation”, the…
Convicted rapist and murderer Thabo Bester is expected to appear before the Bloemfontein Magistrate’s Court this morning following his repatriation from Tanzania on Thursday. The Mangaung Correctional Centre escapee was re-arrested by the South African Police Service on his arrival into the country and immediately transported to a C-Max prison where he is under the Department of Correctional Service…