Business

The East Africa Community is set to launch the Chief Executive Officers’ Forum as one of the ways to increase the contribution of the business sector to East Africa’s development.

Kenya’s energy sector regulator on Saturday increased the retail prices for super petrol, diesel and kerosene in the latest price review that is expected to have an impact on the inflation which has been decreasing in the past three months.

Rains in the eastern Horn of Africa are projected to begin late this year and be substantially lower than normal.

Uganda is likely to earn big from Nile Perch exports as its closest competitor- Pangasius a fish species from Asia dwindles at the global market.

The fourth undersea linking East Africa to the rest of the world - Lower Indian Ocean Network submarine cable (LION2) has gone live, offering another redundancy route (an alternative option) to Internet service operators.

INVESTORS are always looking for the next big thing, and speculative oil and gas Australian oil explorer Jacka Resources seems to tick a lot of those boxes in the wake of a billion-dollar takeover offer of what was a fellow minnow in East Africa.