THE Government is demanding $800,000 (about sh2b) from the Rift Valley Railways (RVR) in unpaid annual concessionaire fees.

HARMONY Gold Mining had been investigating potential acquisitions in the past six months but did not expect to do any deals until after it reduced its debt levels next June, CEO Graham Briggs said on Friday.

The Kellogg Foundation, which supports activities in Zimbabwe, yesterday suspended its operations in the region amid reports that "significant financial irregularities" had been uncovered at its offices in Pretoria, South Africa.

ARUA District Council has given the West Nile Rural Electrification Company (WENRECO) a grace period of one month to regularise its services or risk being thrown out of the region.

Dstv providers Multichoice (U) Ltd have introduced an automatic reconnection voucher in a bid to save subscribers the hassle of queuing up to pay for the service.

Senate Committee on Gas, is undertaking a one-day assessment of the $5.9 billion Escaravos Gas to Liquid project being constructed by Chevron Nigeria Limited.

Uganda Telecommunication Company Ltd is investing over $10million(1.7billion) in the expansion of its Next Generation Network (NGN).

The Ministry of Regional and Local Government, Housing and Rural Development has distanced itself from a decision by the National Housing Enterprise (NHE) Chief Executive Officer (CEO), Vincent Hailulu, not to pay the 10 NHE employees that were reinstated last

First City Monument Bank Plc (FCMB) on Thursday launched the second phase of its advertising campaign, My Bank and I to refresh its promise to customers and other key stakeholders.

Kumbirai Katsande, managing director of top horticultural firm, Ariston Holdings, has bounced back as the Confederation of Zimbabwe Industries (CZI) president.

Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo, on Friday in Lagos, gave kudos to the July 2004 banking sector consolidation, which he said has helped the system to absorb shocks induced by the global financial crisis.

Access Bank has posted a half-year profit of N11.5 billion, an increase of 116 percent over the N5.3 billion made in the same period in 2007.

Sokoto State Commissioner for Works, Alhaji Shehu Hamzat, has said that the government was rehabilitating 336.45 km roads worth more than N12 billion.Tangaza said in Sokoto that N1.5 billion of the money was for the construction of a fly over

Public transport company Macon starts operating in November in the Malanje-Uíge route, as part of the expansion of its service in other regions of the country.

Kenya Airways has recorded a 62.7 per cent drop in its pre-tax profits, its half-year financial results show.

Crowds estimated at between 20,000 and 30,000 people were the first Nigerians to see an aircraft in real life in Kano, on a Sunday, November 1, 1925, according to the account of the captain of the first flight to Nigeria,

So much has been written and said about the decision of the Kano State Government to centralise the purchase and distribution of official vehicles to district heads.

The performance trend of the aviation operator, Nigerian Aviation Handling Company Plc (NAHCO) was enhanced in the third quarter to September 30, 2008. Relating the nine months financials and other fundamentals of the company to the prevailing share price of

last Wednesday, Lagos lawyer, Festus Keyamo, who has big appetite for big issues, sat fiery eyed, eye-ball-to-eye with members of the Committee of Ethics and Privileges of the House of Representative for a three-hour barking match.

Kenya Commercial Bank (KCB) is set to open its first branch in Rwanda anytime this month, the bank's Chief Executive Officer (CEO) has revealed.