Backing for dam
TEN companies have expressed interest in the construction of the multi-million dollar Bujagali dam in Uganda, reports News Vision from Kampala. Construction is expected to start next year.
Power and road plans backed
The World Bank has endorsed key projects for the improvement of infrastructure in East Africa, including the construction of a power line between Nairobi and Arusha in Tanzania, and a road from Mombasa to Malaba in Uganda.
Development bank worried about backlog.
Lender disbursed R1,8bn last year.
Spoornet's upgrade plan to take on road hauliers
New rail strategy in Eastern Cape to bring heavy haulers on track, and link up with the port and planned industrial zone in East London
SADC is high risk for foreign investment
Report says political environment and HIV/AIDS are the main problems
Uganda responds to investor anxiety
Uganda moved swiftly to calm jittery investors in the telecommunications sector after a confidential memo by President Yoweri Museveni suggesting the government might go back on its agreements with MTN Uganda and Uganda Telecom (UTL) became public.
Africa relies on SA revival to spark growth
South Africa's increased growth this year hinges on SA's economic recovery, which is moving at a slow pace.
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