Kenya Arrests Man With Gold Worth USD1million At Airport

Kenya Revenue Authority officials intercepted gold worth Sh100 million at the Jomo Kenyatta International Airport, Nairobi. According to the Kenyan daily newspaper the standard: At least 32,255.50 grams of gold bars and an accompanying invoice of the amount were found on a 46-year-old Tanzanian man. The taxman said the suspect was seized following intelligence alert […]

PRESS RELEASE: Karuma Hydro Station Installs Radial Gates

Installation of First Set of Radial Gates at Karuma Hydropower Station commences. The Karuma (600MW) hydro Power project has registered yet another milestone – the installation of the radial gates at the dam section. This installation commenced on the morning of 26th January, 2018 according to Mr. Deng Changyi – Acting project Manager, Sinohydro Corporation […]

PRESS RELEASE: Parliament Clears NITA-U

NITA-U cleared to proceed with the roll-out of the National Backbone Infrastructure – Missing Links Project by Parliament, PPDA and World Bank. This morning, the National Information Technology Authority Uganda (NITA-U) was hosted by the Parliamentary Committee on ICT to update them on the enquiries raised on Uganda’s Missing Links project. The Government of Uganda […]

Gov’t Borrowing To Cover Revenue Shortfall- Kasaija

The Minister of finance Matia Kasaija has announced that the government will borrow Shs.736billion to cover up for revenue shortfall experienced by Uganda Revenue Authority. Kasaija said in a statement that the borrowing will be from the domestic financial market and will be to ensure that the government meets  its the financing obligations for the on-going […]

Transparency gaps in construction industry

The Construction Sector Transparency Initiative (CoST) Malawi chapter is calling upon players in the sector, governance institutions and the media to hold hands in enhancing transparency, if the sector is to grow. CoST Malawi Chairperson, Joe Ching’ani said that despite strides made by the initiative and other governance institutions, a lot more needs to be […]

Petroleum Importers Limited donates books

Petroleum Importers Limited (PIL) over the weekend donated a consignment of books worth over K1.5 million to Chitenje Community Day Secondary School in Kasungu District. PIL General Manager, Enwell Kadango, emphasised that Malawi’s efforts to realise economic development have over the years been frustrated by high levels of ignorance within the citizenry, which he said […]