Kenya Breaking News, Business Information, Articles, Africa - kenyadetails

Arm Cement Ltd Continues to Post Rise in Profit

Nairobi - ARM Cement Limited (formerly Athi River Mining Ltd) has posted a nine month net profit of Sh826 million marking a 328 percent growth from the previous year's Sh193 million.

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Geita mine wins praise for keeping clean environment

Mr Kitwanga made the remarks following a one-day working visit he made to GGM last Monday.

“Generally your mine is doing a good job … I am impressed.” However, he urged the mine to keep the government up-to-date with its endeavours and processes towards for becoming a cyanide discharge compliant company.

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Uganda govt to open up mineral sector

The current licensing policy is based on first come first service basis, which deprives the country of good resource rent which would otherwise accrue through competitive bidding.

“The licensing policy and regulatory regime is not robust enough to ensure strong governance,”

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Africa gets $10m boost for agricultural entrepreneurs

A US$10 million grant to support the development of Africa-based innovations to boost African agricultural growth has been announced by the Swedish International Development Cooperation Agency (Sida) and of the Alliance for a Green Revolution in Africa (AGRA).

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