Cargo figures released by the Kenya Airport Authority (KAA) last year were incorrect due to inadequate regulation of freight passing through Jomo Kenyatta International Airport(JKIA). Flaws in the monitoring procedures […]
Tag Archives | export
Plans to give Rwanda exports a major boost
The Rwandan Minister of Trade and Industry, Francois Kanimba, has announced that by easing the country’s high transport costs, exports will receive a major boost. New multi-service centres are to […]
Port company invests in bulk cargo handling assets - and the lives of children
Port operator Transnet Port Terminals (TPT), a division of freight and logistics chain Transnet, has reserved R12.1 billion of its R33 billion budget over the next seven years for new […]
Arrival of Richards Bay ship unloader signals start of multi billion rand equipment replacement programme
Port operator Transnet Port Terminals (TPT) has earmarked the biggest slice of its R33 billion budget over the next seven years for new equipment acquisition projects at Richards Bay, the […]
Africa ‘could save $172bn’ by developing transport infrastructure
Transport costs in landlocked African countries account for a “staggering” 70% of the value of exported goods due to the lack of infrastructure, Roelof van Tonder, CEO of the Built […]
Transnet revenue up to R45.9bn
Transnet has reported a 20.9% increase in revenue to R45.9 billion for the year financial ended in March — up from R38 billion in the previous period, the company said […]
Ethiopia going into trucking business to cut produce export cost
Ethiopia said its state-run trucking company will offer subsidized pricing to cut the cost of hauling fresh produce as the Horn of Africa country tries to boost fruit and vegetable […]
Kenya Airways rallies most in more than 4 Years
Kenya Airways Ltd. (KNAL), sub-Saharan Africa’s third-biggest airline, rallied the most in more than four years, climbing for a fifth day after agreeing a financing deal for the purchase of […]
Ethiopia to build new railway to Djibouti port
Ethiopia has signed two deals worth US$3.2 billion with Chinese and Turkish companies to construct a railway to link the land-locked Horn of Africa nation to Djibouti’s Tadjourah port in […]
Kenya Airways selects Afreximbank to fund aircraft purchase
Kenya Airways on Monday announced that it has selected Africa Export-Import Bank (Afreximbank) to arrange financing for the purchase of 20 new aircraft. According to a Reuters report, the Kenyan […]