EAST AFRICASpend merrily, pay the price in January
On December 24, last year, Joseph Wambua had Sh40,000, as his salary. He was paid early because of Christmas festivities. 23 Dec 2008 06:19

EAST AFRICAUBA introduces free banking
[Walter Wafula] Uganda's United Bank of Africa (UBA) has introduced an account that requires no deposit or maintenance fees. 15 Dec 2008 07:06

EAST AFRICARetailer ventures into convenience stores market
[Carole Kimutai] Kenya's Nakumatt Holdings will soon unveil its plans to launch convenience stores (c-stores) as part of its expansion plans following a viability study showing a gap in the Kenyan market. 11 Dec 2008 14:20

EAST AFRICAQatar to grow crops in Kenya
Qatar is hoping to grow crops in north-east Kenya. The Gulf state, made up mostly of barren desert, has asked Kenya to lease 40,000 hectares of land. In return it will fund a port on the tourist island of Lamu costing 3.5 billion US Dollars. 4 Dec 2008 09:50

EAST AFRICASeychelles retailers decide on ‘fair' rise in profit margin
Local retailers have taken new steps to cover their operation costs and make a reasonable profit while providing an affordable service to customers. 27 Nov 2008 11:37

EAST AFRICAMadagascar leases out half its arable land
South Korean firm Daewoo plans to grow maize on one million acres of land in Madagascar. The firm will pay nothing for the lease of the land. The Indian Ocean island will gain employment opportunities and infrastructural developments from Daewoo's 99-year lease of 1.3m hectares. 21 Nov 2008 11:11

EAST AFRICAFraud: Citibank experts to probe Ethiopian national bank's security code system
Experts from Citibank, the New York-based banking giant that recently was swindled of 27 million dollars from the Ethiopian National Bank's US account, have scheduled to visit the National Bank of Ethiopia (NBE) within the next few weeks to verify NBE's SWIFT security code system through which the two banking entities have been communicating. 18 Nov 2008 11:04

EAST AFRICAAirlines increase flights from Entebbe
[Walter Wafula] Growing demand by Ugandans and international travellers is driving more airlines to Entebbe International Airport. 17 Nov 2008 09:04

EAST AFRICATenth company listed as USE celebrates a decade
[Walter Wafula] Kenyan Commercial Bank became the 10th firm listed on the Uganda Securities Exchange as the Kampala-based stock market celebrated its 10th anniversary on November 11, 2008. 13 Nov 2008 11:41

EAST AFRICAMalawi: Better roads lead to more money
LILONGWE: What lies under a Malawi farmer's feet that could boost food security? Try better roads. 11 Nov 2008 09:27

EAST AFRICAIllicit trade is not a victimless crime
A new business report, presented recently at the East Africa International Business Forum in Kigali, capital of Rwanda, found that illicit trade in the region is not only undermining the formation of a single East African market, it is also costing EAC countries many millions of dollars in lost revenues. 6 Nov 2008 15:00

EAST AFRICALow season of promotions
[Carole Kimutai] Economic crunch forces Kenyan shoppers to change consumption habits. 6 Nov 2008 06:37

EAST AFRICAIllicit trade undermining single East African market
Illicit trade is undermining moves to establish a single market in East Africa according to a report issued yesterday, 30 October, 2008 at the East Africa International Business Forum in Kigali. 31 Oct 2008 10:46