New system to slash cargo clearance time at Mombasa port, other points


Nine government agencies involved in cargo clearance at theKenyan port of Mombasa have until December 31 to migrate to the Single Electronic Window System before its full rollout. Starting January 1, all trade transactions involving the agencies — including applications for permits, as well as payment and collection of taxes, fees, duties and levies needed…

Slowdown in China economy could hurt Africa – Moody’s


A slowdown in China’s economy in 2015 could negatively affect sub-Saharan Africa, global rating agency Moody’s has said. Moody’s expects Chinese growth, one of the drivers of global GDP, to be between 6.5 and 7.5 per cent in 2015. China, which accounts for 13 per cent of the world’s GDP, has recorded a deceleration in…

Warehouse receipts yet to be accepted as tradable instruments in the region


A regional grain marketing initiative meant to stabilise prices and reduce post-harvest losses is yet to make a meaningful impact among smallholder farmers in Kenya. Officials from the Eastern Africa Grain Council (EAGC) and its principal financier, Alliance for a Green Revolution in Africa (Agra) blamed the shallow penetration of the warehouse receipt system on…

Probe implicates Museveni in stalled railway contract


An inquiry into the controversies surrounding the award of a $1.5 billion (about Ush4 trillion) tender for the construction of the standard gauge railway line heard that President Museveni “personally” procured China Harbour Engineering Corporation (CHEC) to construct the eastern route of the railway line. Ugandan MP Wilfred Niwagaba, one of the five MPs who…

Police: 3-year-old set fire that killed his family


  In this photo provided by the Maine State Police, the remains of a mobile home in which four people died are cordoned off by police tape, in Caribou, Maine. Police identified the victims on Thursday as Norma Skidgel, and her three children, 2-year-old twins Mason and Madison Delisle and 3-year-old Trenton Delisle. Firefighters found the…

PM’s bid to get govt out of scandal flops


Dar and Dodoma. Prime Minister Mizengo Pinda’s efforts to get the government out of the Tegeta Escrow Account mess flopped yesterday, with his impromptu Cabinet meetings bearing no fruit. In what appears to be another blow to the government, the Parliament Steering Committee instead agreed to MPs’ request for an extension of time to debate…