KENYA

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Now, a platinum ETF from Africa

After the US launched its first palladium ETF recently, it is the turn of South Africa now South African stock exchange operator, JSE, will launch a platinum ETF soon. It is also looking to list an Africa ETF in South Africa, with blue-chip companies.

Uganda's third gold refinery starts functioning

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Uganda's third gold refinery named Victoria Gold Star started operations with a capacity to refine 60kg of gold daily. The refinery, built with the help of Russian investors at a cost of around $1.5million, was located at Fifth Industrial area in country's capital Kampala.

Asia, Africa to drive coffee production growth

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A dynamic model was used to make coffee projections. It covers the major exporting and importing countries of green coffee. Supply, demand and stock functions were estimated for each of the major exporting and importing countries. The model performs dynamic simulation forward in time and generates forecasts on the basis of assumptions for the future behaviour of GDP, consumer price indices and exchange rates.
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Climate change affecting Kenya's coffee output

Climate change has affected Kenyan coffee production through unpredictable rainfall patterns and excessive droughts, making crop management and disease control a nightmare, a researcher said on Thursday.
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Statoil aims to spin off fuel station business

Norway's Statoil plans to spin off and float its international chain of gas stations in the latest move by a major western oil company to reduce its exposure to low-margin fuel retailing.
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Rescue teams pull back as Haiti aid flows in

Somalia's hardline al Shabaab rebels threatened on Thursday to attack neighbouring Kenya following a crackdown on Somalis in the capital Nairobi, according to a recording posted on an al Shabaab Web site.
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Somali hardline rebels threaten Kenya attack

Somalia's hardline al Shabaab rebels threatened on Thursday to attack neighbouring Kenya following a crackdown on Somalis in the capital Nairobi, according to a recording posted on an al Shabaab Web site.
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Relax, have a cup of tea ..err 1/2 cup?

Let's have a cup of tea is an offer that many can't resist in India.Meetings and discussions can't take place without this favourite beverage. But it is by no means unique to India, according to Food and Agriculture Organisation (FAO), it has become a global habit no matter the price. But in 2009, tea growers gained as production slumped due to bad weather in India, Sri Lanka and Kenya and tea prices zoomed to all time high.
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India's Gurinder Chadha tackles migration with humor

Gurinder Chadha, the director behind the hit Bend it Like Beckham, is one of a trio of Indian-origin women directors wowing the world with their unique style. But unlike Deepa Mehta or Mira Nair, Chadha makes films with a distinctly earthy feel.
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2009 set to be fifth warmest year on record

This year is likely to be the fifth warmest on record and the first decade of this century the hottest since records began, the World Meteorological Organization said on Tuesday.
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Climate change could cut into Kenyan GDP: study

Kenya could lose up to 3 percent of its $35 billion GDP annually by 2030 due to global warming, a donor-funded study on the impact of climate change on east Africa's biggest economy showed on Friday.
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Michael Jackson beats out Sarah Palin as most searched term in 2009

Michael Jackson's surprising death made him the most searched term online in 2009. Michael Jackson is the only search term to appear on all three (Google, Bing and Yahoo) search engine's top 10 lists, and at the top of the three lists. On Yahoo, it ended singer Britney Spears' four-year reign as the most searched term.
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ICC prosecutor requests Kenya investigation

The chief prosecutor at the International Criminal Court (ICC) asked judges on Thursday for approval to launch a formal investigation into post-election violence in Kenya last year.
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Telkom H1 profit falls, shares slump

South African fixed-line phone company Telkom SA Ltd reported close to a 40 percent fall in first-half profit on Monday as both its domestic and Nigerian units struggled, sending its shares tumbling.
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9/11 suspects to be tried in New York

The alleged mastermind of the September 11, 2001 attacks, Khalid Sheikh Mohammed, and four others will be sent for prosecution in a criminal court in New York from the U.S. military prison at Guantanamo Bay, Cuba, an Obama administration official said on Friday.
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Farms on the radar at Copenhagen climate talks

U.N. negotiators will next month put farming onto the radar of climate regulations for the first time, but governments face aggressive lobbies and gaps in the science proving the extent of agricultural emissions.
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Food: Is Monsanto the answer or the problem?

Norman Borlaug, the father of the Green Revolution of the 1960s and 1970s, had only months to live when he received a visit from an old friend, Rob Fraley, chief of technology for Monsanto Co.
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Somali pirates hijack two more ships

Somali pirates seized a Greek cargo ship and a Yemeni fishing boat in the latest attacks demonstrating their ability to evade international naval forces, gunmen and officials said Wednesday.

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