Africa | Infrastructure | Kenya May 31, 2017 Kenya's recently completed Standard Gauge Railway (SGR) line between Mombasa and Nairobi commenced passenger service operations officially on May 31, 2017. The Chinese built modern railway line is 480 kilometers long, and costed $3.2 billion. It is reported to be the country's largest infrastructure project since its independence in 1963 from British colonial rule.
Kenya's SGR project is part of Kenya's broader goal for moder
Africa | Kenya May 29, 2017 Campaigning for Kenya's 2017 General Elections began officially on May 29, 2017. The elections are scheduled to be held on August 8, 2017.
There are 8 presidential candidates, with the incumbent president Uhuru Kenyatta and former prime minister Raila Odinga as the main contestants. President Kenyatta is running for the second and last term in office, while Mr Odinga is making his fourth attempt for the top political post.
Rest Of The World May 26, 2017 In his Harvard University commencement speech on May 25, 2017, Mark Zuckerberg, Facebook CEO, advanced several important ideas for political reform, that included introduction of universal basic income, higher taxes on the wealthy, and student loan relief.
Emphasizing universal basic income in particular, Mr Zuckerberg humbly and honestly observed that he would not have founded Facebook without his relatively good financial circumstances
Africa | Tanzania June 24, 2017 President John Magufuli of Tanzania who is renowned worldwide for his distaste of corruption, fired his minister of mining on May 24, 2017, during a speech. Also fired at the same time, was the boss of the state-owned mineral audit agency. The firing of the two senior officials follows a recent report that suggests mining companies operating in the country were understating the values of their exports. Even earlier, another report suggested
Africa | Occasional Debate May 24, 2017 Honest Accounts 2017 research has revealed that Africa is losing massive amounts of its wealth than never before! The research report published on May 24, 2017, shows that while Africa currently receives $162 billion annually in aid, loans, and foreign investments, the continent at the same time loses $203 billion annually through illegal financial outflows, tax evasion by foreign companies, etc., hence an annual deficit of $41.3
Occasional Debate May 22, 2017 While countries in the East Africa region are now resolute in replacing their almost one century old outdated railway systems they inherited from the colonial era, with efficient state-of-the-art standard gauge railway (SGR) networks, the World Bank thinks that is not a good idea! As such the bank has so far declined funding to SGR projects in the form of loans, on grounds that SGR is not viable for the region! Instead, the bank
Africa | Manufacturing | Zimbabwe May 17, 2017 The government of Zimbabwe announced on May 17, 2017, that the country will build a platinum refinery in 2018, in a joint venture with an Australian company called Kelltech Ltd. The refinery will cost $200 million, and expected to take about 18 - 24 months to build. The new refinery will be the third in the country. The other two are now in advanced stages of construction, and are owned by Anglo American Platinum (Amplats)
Africa | Uganda May 16, 2017 President Yoweri Museveni has ordered Uganda's military, police, and intelligence services to stop torture of crime suspects. The order was in a letter to the heads of the three security bodies, that was made available to news media on May 16, 2017.
In the letter, president Museveni said that torture is unnecessary and wrong, and that it may pose possible mistakes that may even interfere with the fight against crime. He continued that there
Africa | Tanzania May 2, 2017 In almost all parts of the world, it is often said that charity starts at home. But that does not seem to make sense to the Chaggas, the natives of Kilimanjaro region in Tanzania. While the industrial base of their administrative city, Moshi, has substantially declined with almost all big industries gone, the Chaggas who are known for their shrewdness in business, and currently boasting some of the richest people in East Africa including Dr