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Singapore wants you to come and enjoy
VOL. 9, ISSUE 7, SEPTEMBER 23 - 29, 2013
Unveiling Opportunities Bright lights, shopping , business, sightseeing , trade , great food and now, a great way to get there ...on Ethiopian’s thrice weekly flights to its 8th destination in the far east.
www.ethiopianairlines.com
KSH40; TZSH1000; USH1,500; RWF600; BIF1,500; 5BIRR; SS£2.5
The Merlion Statue
Singapore wants you to come and enjoy Bright lights, shopping , business, sightseeing , trade , great food and now, a great way to get there on Ethiopian’s thrice weekly flights to its 8th destination in the far east.
www.ethiopianairlines.com
Tz warns foreign gold dealers BY ANDREW ZABLON MWANZA, TANZANIA—The government has warned foreign mineral dealers and traders who visit the country for tourism or business purposes to first consult the government before concluding any
mineral deal. The warning is aimed at gullible tourists who are sold fake minerals and gemstones. Tanzania is a major producer of gold and prized gemstones like Tanzanite. Last week in Dar es Salaam, the acting Commissioner for Minerals, Ally Samaje issued the warning to foreign mining dealers following a recent influx
Burundi gets 4m euro for roads
of unscrupulous people or con artists. These are trying to cash in on the gold and diamond trade. According to sources, during the last 10 years foreign mineral dealers have been conned an estimate of more than $200 million (Tsh 320 billion). This has forced the government to enact the Mining Act 2010, whereby the Ministry
is responsible for any mining requests and directs all explorers, miners and mineral dealers and traders to abide by the requirements of the Act. Mr. Samaje advised mineral dealers (traders and buyers) in particular who deal with gold and diamonds to conduct mineral trading according to the law to
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Burundi gets euro 4m
INSIDE >> Gorilla
P.19 >> warefare hits Uganda
BY NIMBONA RENOVAT BUJUMBURA, BURUNDI--The Belgium Kingdom has granted Burundi four million Euro for road paving and household waste management. The money is part of a cooperation agreement for economic and social development through implementation of an intensive road paving programme signed in early September 2013. The Burundian Minister of Home Affairs, Edouard Nduwimana and Belgian Minister of Development Cooperation, JeanPascal Labille sealed the agreement presided over
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P.21>> EAC immunization
partners to meet in Arusha
Burundi Second Vice President Dr. Ir. Gervais Rufyikiri (l) and Belgian Minister of Development Cooperation, Jean-Pascal Labille address the press after the talks.
16% VAT hits Kenya tourists BY HUMPHREY LILOBA NAIROBI, KENYA-Kenya’s tourism sector could be headed for tricky times after the government recently introduced a 16% Value Added Tax on products and services that were previously tax exempt. Players in the sector are worried that the new tax will make Kenya an expensive holiday destination in effect scaring away current and potential holiday seekers.
According to the Kenya Association of Hotelkeepers and Caterers (KAHC) Coast Branch Executive Officer, Sam Ikwaye, the new levy effectively puts the country among the most expensive tourism destinations exposing it regional competitors such as Tanzania, Zambia and South Africa. “One of the fears is that with the economic times we are living in, tourists
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Rwandans eye Congo Brazzaville BY DIAS NYESIGA KIGALI, RWANDA— Rwanda is making efforts to increase exports by looking northwest to the Republic of Congo for customers for its goods and services and notably in the ICT sector. This has been boosted by the signing of a bilateral agreement between the two countries. Rwanda has long bet a big chunk of its
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Uganda moots workers law BY EMMA ONYANGO KAMPALA, UGANDA -- The government is thinking of revisiting the Companies Act to make sure locals get employment in foreignowned enterprises, a Minister has said. Dr. Gabriel Ajedra, the State Minister for Finance in charge of Investment said last week, a policy limiting the number of foreign workers a company can employ is long overdue. This is because some
companies have as much as 50% of the total workforce being foreign. “We are talking about investors who are employing their countrymen. What we have agreed is that we need to revisit that policy so that we can be able to do legislation and limit the number of foreign workers let’s say to 10% or 20% of the total workforce. “I think that is more workable than just leaving it just open ended. Some
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Turkey wants Addis industrial zone ANKRAH, TURKEY-Turkey is preparing to create a Turkish industrial zone in Ethiopia’s capital, Addis Ababa, as part of its African policy which started in 2005 and has been showing marked development of its business assets. Speaking at the
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