Questions arise over Chinese firm’s Sh50 Billion Lamu Port dredging as container ship runs aground

Questions arise over Chinese firm’s Sh50 Billion Lamu Port dredging as container ship runs aground

Questions arise over Chinese firm’s Sh50 Billion Lamu Port dredging as container ship runs aground The MV Baltimore Express at the Port of Lamu. PHOTO/KPA. By MARITIME CORRESPONDENT [email protected] Questions have arisen over the dredging of the Lamu Port channel after a ship ran aground before it was lightened and subsequently managed to berth on…

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Malatsi runs out of patience with Icasa on BEE reform

Malatsi runs out of patience with Icasa on BEE reform

Communications minister Solly Malatsi Communications minister Solly Malatsi has run out of patience with Icasa over why the communications minister hasn’t allegedly yet responded in detail to his policy direction requiring it to review its licensing rules around black economic empowerment. The minister, a senior member of the DA in the government of national unity,…

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Intel’s big bet on 18A runs into trouble

Intel’s big bet on 18A runs into trouble

The production process that Intel hoped would pave the way to winning manufacturing deals and restore its edge in churning out high-end, high-margin chips is facing a big hurdle on quality as it puts newer technologies to the test, two people briefed on the matter have said. For months, Intel has promised investors it would…

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Novus bid for Mustek runs into more heavy weather

Novus bid for Mustek runs into more heavy weather

Mustek’s head office in Midrand, Johannesburg Printing and packaging firm Novus Holdings’ offer to buy out other shareholders in technology group Mustek has hit another hurdle. The two companies said in a joint announcement issued via the JSE on Friday that the Takeover Regulation Panel (TRP) is holding off from issuing a certificate of compliance,…

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