The Security Council today extended and expanded the arms embargo and related sanctions in the Democratic Republic of the Congo (DRC), which have been in place since 2003, for another year.

After more than seven years since Nyanza landfill became Kigali's only garbage site, the Ministry of Infrastructure (MININFRA) and the authorities of Kigali City Council, are putting final touches to plans that will see a German company extract methane gas

The promotion is open to all MTN vendors and outlets involved in selling airtime and Sim Packs. It will be monitored by a team from MTN supported by their franchisees and distributors. The winner will be selected based on an

Rwanda is an attractive emerging market and on the right course to become one of the major players in the region. That is the conclusion of a group of foreign investors who have been on a three-day visit in the

Barely a year after the relaunch of Rwandatel's mobile phone network and MTN's tenth anniversary, Tigo last week added its blue to an already colorful telecommunications landscape.

Last week Rwanda signed one of the world's largest bio-fuel investment deals with an estimated value of US$250 million over the life time of the project.

For a long time now, we have heard whispers about the fabled master plan for Kigali City, but without seeing anything tangible. Last week, KCC has broken the silence.

RwandAir has cancelled a leasing contract with Kenya based Jetlink Express after one of the aircrafts crash landed at Kigali International Airport (KIA).

MTN Rwanda has acquired the first and largest syndicated loan of US$18 million from six local banks for upgrading its network.

STANDARD Bank has been granted a banking licence in Angola, opening the way for it to start operating as a full- service bank in Angola by the middle of next year .

Districts have been ordered to standardise the recruitment of teachers in their areas to cement any loopholes that currently cause delays in remittance of salaries and in some cases, existence of 'ghost' teachers on the payroll.

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Antonio Pedro is Executive Director of the United Nations Economic Commission for Africa UNECA)'s Sub-regional Office for Eastern Africa. He spoke to Business Time's Berna Namata about the work of the Commission.

Rwanda's national carrier RwandAir, has received a loan facility worth $40 million (Rwf22.8 billion) to support the carrier's development plans. The loan is to be secured from the Eastern and Southern African Trade and Development Bank (PTA).

Despite the spills of the global financial crisis the banking industry still maintained it bullish mood attracting some $880 million in total assets in the year 2009.

A FIRM rand had had a negative effect on profit for the six months to September, agricultural products group Crookes Brothers said yesterday.

THE Arusha-based Regional Air Services has started offsetting some of the company's carbon footprint with Carbon Tanzania as part of its corporate responsibility for sustainable welfare of people and environment.

Uganda government could earn over US$300million in taxes from the sale of a company disposing of its stake in Uganda's oil fields in Western Uganda, according to highly placed industry source.

POWER utility Eskom has caved in to pressure and reduced its tariff increase application from an initial 45% to 35%.

PAN-African microfinancier Blue Financial Services has had a tough time of late, plunging into a R162,3m loss for the six months to August.