Continuing turmoil in the global financial markets has eaten into the income of Swiss Re, a reinsurance company which has strong business relations with the listed Kenya Re.
The Chief Executive Officer (CEO) of the Microfinance and Small Loan Centre, Mr. Lawrence Prempeh, has revealed that his outfit has so far disbursed GH¢18.3 million to 30,000 beneficiaries across the country.
A news item in the print media drew my attention last week - "Faulu Kenya's profits hit Sh103 million". Faulu is a microfinance institution and one of the big three unregulated microfinance companies in Kenya. It made a pre-tax profit
Battling an array of cheap imports mainly from China and high zinc prices, battery maker Eveready East Africa Limited has had to shut down three production lines and shed 40 workers from its payroll in the past month, signalling reduced
Mozambican President Armando Guebuza arrived in Santiago on Wednesday for the start of a three day official visit to Chile, during which agreements on fishing, mineral resources, education and social welfare are expected to be signed.
Twelve Months after it was commissioned by former President, Chief Olusegun Obasanjo, Tinapa Business Resort and Free Zone, in Calabar, has witnessed low business activities and leisure. Other programmes associated with the zone have been on the lowest ebb and
The East African Community has called for proposals for the study of the establishment of an early warning system to monitor food security in the region.
Foreign nationals in Nigeria have commended Nigerian foods for their rich nutritional content and quality, describing them as the best in the world. This is coming as the leading Nigerian airline, Virgin Nigeria, has concluded plans to start serving the
The recent uproar generated as a result of government's plan to spend N80 bilion for the importation of rice has been grossly misunderstood, hence the minister of agriculture and water resources, Dr. Abba Sayyadi Ruma, in this interview with Grace
RURAL communities can reduce poverty if they are empowered with projects such as livestock rearing and farming, first Republican president, Kenneth Kaunda has said.
As part of measures to solve the ongoing food shortage in the country, the Federal Government has suspended all levies and duties on rice imports for a period of six months, which ends on October 31, 2008.
FCT Administration has said that it has released about 240 metric tonnes of maize and 660 metric tonnes sorghum to the residents of Abuja so as to reduce the high cost food items in capital city
THE Federal Executive Council (FEC) yesterday approved a tax holiday for importers of rice for a period of six months in a bid to ameliorate the impact of the global food crisis on Nigerians.
The key priorities for expanding rural access to clean drinking water are the provinces of Nampula and Zambezia, where about 40 per cent of the Mozambican population lives, declared the Minister of Public Works, Felicio Zacarias, on Thursday.
The World Food Programme will conduct an extensive food security assessment countrywide as the Emergency Management Unit considers a food crisis for Namibia "very much likely" because of recent floods and global food shortages.
