Wednesday, January 17, 2018

EAC Waivers Import Duty and VAT for Garment and Textile Makers

East African Community partner states have agreed to grant garments and textiles manufacturers a three-year waiver of duties and value added tax (VAT). The waiver will be on inputs, fabrics and accessories not available in...

LEASING -a growing business strategy

  Leasing-  is a contract whereby one party, the lessor, grants the right to use a particular good for a period of time to the other party, the lessee (or tenant), which will pay for...

What is Over Dimensional Freight?

In road transport, an oversize load (or over dimensional freight) is a load that exceeds the standard or ordinary legal size and/or weight limits for a specified portion of road, highway or other transport...

1st Electric rail in Africa to start operations in October 2017

Ethiopia and Djibouti launched their newly built standard-gauge modern electric railway, known as, Ethio-Djibouti Railway, in October 2016. Covering a total of 752-kilometer, it is the first electric railway in Africa, referred to as an...

We need to fix the basics

By Phyllis Wakiaga Good governance is hinged on processes and structures that promote accountability, rule of law, inclusiveness, transparency, empowerment and broad-based participation. For a political culture to be defined as a progressive, these values must...
Hamburg Süd

Maersk Line and CMA CGM eyeing Hamburg Süd acquisition

Container shipping giant Maersk Line and CMA CGM have expressed interest to acquire German shipping line Hamburg Süd. Commenting on the new acquisition plans, Container shipping analyst Alphaliner said the potential sale of Hamburg Süd...

Purchasing Relationships- Arm’s Length or Arm- Wrestling

If one organization representative is asked about its competitiveness, rarely are procurement aspects considered immediately. After discussing a while, a conversation about cost reduction emerges. Indeed, nowadays, there is an incessant fixation on cutting...

Mombasa Southern bypass nearing completion

Kenya National Highways Authority has confirmed that construction of the 12km Miritini- Mwache (phase 1) road bypass is almost complete, with 70 percent of the work done. The bypass is to be opened by December...

Bloomberg report: Kenya’s investment in transport to spur growth in EAC

A report by Bloomberg Intelligence indicates that the East African Community has been the most successful in Africa in reducing cross-border trade barriers and stimulating economic activity. Investments in the transport sector including the standard...

Procurement Analysis- Saving Purchasing Costs

Procurement is an important part of your business so you need to undertake regular procurement analysis to ensure that you are making the best use of your hard earned money. Procurement analysis is the...
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