-
Kenya
East Africa: Kenya Needs to Rethink Mega Projects and Their Benefits
[Citizen] The decision by Uganda and Rwanda to ditch Kenya's proposed oil pipeline in favour of Tanzania's should ring alarm bells in terms of what this means, not just for the economy but for the viability of the standard gauge railway that is being touted by the government as a ...
-
USA
Tanzania: Time Activities of Regulatory Agencies Were Reviewed
[Daily News] Tanzania aspires to become a semi-industrialised middle-income country with a GDP per capita of US $ 2,500 by the year 2025. This process will entail freeing surplus labour force from farm work top industries.
-
Etiopia
Govt to Heighten Peace Efforts If It Joins UNSC - Minister
[Ethiopian Herald] The Foreign Minister noted that Ethiopia has been striving its level best for the global security for the last many decades
-
USA
4th Tripartite Horticulture Partnership Agreement Signed
[Ethiopian Herald] The Ministry of Farming and Natural Resources has signed here on Monday a three-year Smallholder Horticulture Phase IV Partnership Program with the United States Agency for International Development (USAID) and Israeli Agency for International Development Cooperation (MASHAV).
-
Giappone
Japan Inc. welcomes Abe’s second deferment of consumption tax hike
Executives of Japanese firms, especially retailers and food makers, voiced support for Prime Minister Shinzo Abe’s announcement Wednesday of his decision to defer the consumption tax hike, for the second time, by 2½ years to October 2019. But there are also calls for the government to go ahead with the ...
-
Giappone
Dollar drops to around ¥110 in Tokyo
The dollar lost ground to around ¥110 in Tokyo trading Wednesday, dragged down particularly by speculative selling in the afternoon. At 5 p.m., the dollar stood at ¥110.05-05, down from ¥111.13-17 at the same time Tuesday. The euro was at $1.1152-1152, up from $1.1125-1126, and at ¥122.73-75, down from ¥123.65-65. ...
-
Giappone
Mitsubishi, Nissan see minicar sales plunge after fuel economy scandal
The nation’s major minicar makers, including Mitsubishi Motors Corp. and Nissan Motor Co., saw their sales tumble in May in what is believed to be fallout from the fuel economy cheating scandal, data from an industry body showed Wednesday. Mitsubishi Motors was the major loser for the month, reporting a ...
-
Giappone
Nikkei snaps five-session winning streak on profit-taking
The benchmark Nikkei average fell for the first time in six sessions on the Tokyo Stock Exchange Wednesday, pressured by stepped-up profit-taking activities amid the yen’s rally against the dollar. The 225-issue Nikkei average lost 279.25 points, or 1.62 percent, to end at 16,955.73, the first close below 17,000 in ...
-
Giappone
Mobile message app Line eyes listing on TSE in July
Mobile messaging service provider Line Corp. will likely make its debut on the Tokyo Stock Exchange in July, with the bourse set to soon approve the listing, sources said Wednesday. Line is expected to have a market capitalization of around ¥600 billion when it debuts, probably on the First Section ...
-
Giappone
Debt-burdened SoftBank to offload $7.9 billion of stake in Alibaba
SoftBank said Wednesday it will sell at least $7.9 billion of its stake in Chinese online shopping giant Alibaba, as the mobile carrier looks to pay down its whopping debt load. The sale will reduce SoftBank’s 32.2 percent holding in Alibaba to about 28 percent, it said. It will earmark ...