Day: October 10, 2016

RWANDA – More business operators have called for value added tax (VAT) waiver, saying the levy is hurting their operations. Agro-processors, and bread makers say the waiver will help make them more competitive.

EAST AFRICA – Uganda has come to the rescue of Kenya and Rwanda, selling both countries more than 11,502 tonnes of maize worth $6.65 million over the past two months.

ETHIOPIA – The Ethiopian Commodity Exchange (ECX) is set to launch the first electronic commodity trading centre outside its headquarters in Addis Abeba.

TANZANIA – President John Magufuli has issued 10,000 hectares of land to one of Tanzania’s business and industrial moguls, Mr Said Salim Bakhresa, to establish a sugar plant, at the same time warning land hoarders and speculators that they risk having their title deeds revoked.

TANZANIA – President John Magufuli has issued 10,000 hectares of land to one of Tanzania’s business and industrial moguls, Mr Said Salim Bakhresa, to establish a sugar plant, at the same time warning land hoarders and speculators that they risk having their title deeds revoked.

SOUTH AFRICA – Country Bird Holdings (CBH) does not believe that a merger with Sovereign Foods creates any competition concerns, as the combined entity would control only about 11% of the local poultry market.

SOUTH AFRICA – Country Bird Holdings (CBH) does not believe that a merger with Sovereign Foods creates any competition concerns, as the combined entity would control only about 11% of the local poultry market.