By Tsuyoshi Inajima and Emi Urabe As Qatar grapples with deepening diplomatic isolation, Japanese liquefied natural gas buyers are pushing the world’s largest seller for cheaper supplies. Both Jera Co., one of the biggest LNG purchasers, and Tokyo Gas Co. haven’t decided if they’ll sign new deals with Qatar to replace current contracts that begin...
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Kenya unease grows as Ethiopia becomes region’s largest economy
By Dominic Omondi Addis Ababa / Djibouti train line. The 750 kilometre (460 mile) railway, built by two Chinese firms, links Addis Ababa to the Red Sea port city of Djibouti in about 10 hours. [AFP] It is official: Kenya is not the largest economy on this side of the Sahara. That coveted trophy goes...
Ethiopia Eyes Role in DP World-Managed Port in Somaliland
By Nizar Manek The Port of Berbera in Somaliland. Photographer: Zacharias Abubeker/AFP via Getty Images Ethiopia is in talks to acquire shares in a joint venture involving DP World Ltd. that will manage a port in northern Somalia, a Somali official said, a move that could give the fast-growing yet landlocked Horn of Africa economy...
Omani firm says no job cut after Hass buy
Hass Petroleum said yesterday selling of 40 per cent stake to Oman Trading International (OTI) would involve neither change management team nor staff layout. The company said in a press release that the transaction entails sell of minority stake to the Oman based firm which is state enterprise. “There will be no change in management,...
Ethiopian Airlines named African Airline of the Year 2017
Windhoek- Africa’s largest airline group, Ethiopian Airlines, has won the African Aviation African Airline of the Year Award for 2017, for the second year in a row, during the 26th Annual Air Finance Africa Conference & Exhibition held in Johannesburg, South Africa. The award was presented to Ethiopian in recognition of its continued rapid growth,...
Oman firm buys 40pc of fuel marketer Hass
By VICTOR JUMA Muscat-based Oman Trading International (OTI) is set to acquire a 40 per cent stake in Kenyan oil marketer Hass Petroleum, marking the latest deal in the retail business. Hass says transaction, whose value was not disclosed, will help the company expand in the region including by opening more service stations and participating...
Kenya to Lower Growth Forecast as Drought Cuts Food Output
by Felix Njini and Paul Richardson June Kenya will cut its growth forecast to reflect the impact of a drought that slashed agricultural output in East Africa’s biggest economy and left the country short of its staple food, Treasury Secretary Henry Rotich said. Economic growth will probably be 5.7 percent this year, compared with an...
Yacqub Khayre: Melbourne siege gunman’s history of violent crime and drugs
Man acquitted of plotting attack on Sydney’s Holsworthy army base was isolated from his family and on parole for a violent home invasion Yacqub Khayre (centre) and Abdirahman Ahmed (left) leave court in Melbourne in December 2010 after being acquitted of planning an alleged terrorist attack on the Holsworthy army base in Sydney. Photograph: Julian...
Three potential motives behind the spat between Qatar and its Gulf neighbours
By David Hearst Note from the author: Events have happened faster than I imagined when I wrote this last week. Six Arab states have now cut diplomatic relations with Qatar. Its land borders with Saudi Arabia are closed and 85 percent of its imports are cut. A full siege is in place. This is no...
Rising deportations to Somalia raise concerns in Minnesota
Surge in asylum rejections, removals to terror-stricken nation spark worry. By Mila Koumpilova JEFF WHEELER, STAR TRIBUNE Kamal Hassan, founder of the Somali Human Rights Commission, has a nephew who was deported earlier this month. The pace of deportations to Somalia is picking up fast — and setting local natives of the East African country...
