Connect with us

Africa

Uganda Refurbishes Century-Old Rail Network After China Delays Funding

Georgina Korir

Published

on

Uganda will begin revamping its century-old rail network this month to boost bulk cargo transportation, a senior rail official announced on Wednesday . The development comes days after failing to secure $2.2 billion in Chinese funding for a new standard-gauge line.

After receiving a grant 21.5 million Euros from the European Union and the railway corporation is seeking financial assistance from international development lenders for the rest.

Britain, the former colonial power built the meter-gauge, 1,266 km (790 mile) network a century ago and its main aim was to move copper and other commodities.

However, the network fell into disrepair during the political upheaval and economic instability era. Currently, dilapidated engines hiss and clatter as they trundle between crumbling platforms, pulling drab carriages behind them.

“Due to lack of maintenance over the years, most of the network is now in disuse,” said Kateeba. “We shall replace some areas which have been either removed by vandals or are badly worn.”

When China did not offer funding for the Ugandan section of the Standard Gauge Railway (SGR) regional project, bulk cargo transporters were disappointed as they have been eager for cheaper transport.

Negotiations between the Ugandan authorities and China have been dragging on for more than five years, hoping for funds to construct the country’s own SGR branch. Kateeba spoke on the matter and said several factors, including Uganda’s delayed oil production, delayed a credit deal.

More than 12 years ago in the west, Uganda discovered 6 billion barrels worth of crude oil however; disagreements between the government and oil firms over tax and development strategy have repeatedly delayed production.

Kateeba said that, If oil production had begun, economic growth would mean “we would be able to really afford the credit.”

“China is not giving us charity,” he said.

“Now China is examining whether repayments could be adjusted, costs lowered or the implementation period pushed back,” he said.

Comment using Facebook

Continue Reading
Advertisement
Loading...

Africa

Air Zimbabwe Jetliner Resumes Normal Flight Schedules after being Granded in South Africa

News Team

Published

on

Air Zimbabwe Plane at the Joshua Mqabuko International Airport (Credit: ZimLive)

The only operational aircraft (Boeing 767-200) of Zimbabwean national carrier, Air Zimbabwe, resumed its normal flight schedules on Friday evening starting with Flight UM462 UNB/HRE from J’Burg to Harare.

“Air Zimbabwe is pleased to inform its valued clients and other stakeholders of the resumption of its normal flight schedule for both domestic and regional routes effective 25 October 2019, starting with flight UM462 UNB/HRE.” read the statement.

The airline’s management apologized to its customers for inconveniences caused after it was grounded earlier on Wednesday by South Africa’s state-run airports management company, Airports Company South Africa (ACSA).

“The National Airline wishes to sincerely apologise to all its valued passengers for all inconveniences caused. Air Zimbabwe wishes to thank and appreciate all its valued passengers for their patience, understanding and continued patronage of the National Airline.” read the statement.

Air Zimbabwe had been suspended from using South Africa’s airports over unpaid landing and parking fees. In total, the airline owes foreign and domestic creditors more than $300 million.

“Air Zimbabwe has not adhered to the cash basis terms for using airports owned by Airports Company South Africa,” ACSA said in a statement. “the prohibition will remain in place until outstanding amounts are settled.” ACSA added.

However, while announcing the resumption of the flight, Air Zimbabwe did not disclose whether the dues were paid or the settlement terms it made with ACSA.

Comment using Facebook

Continue Reading

Africa

Kenyan e-Logistics company, Lori, Expands to Nigeria

Kimani Patrick

Published

on

East Africa’s largest eLogistics service provider, Lori, has officially announced its expansion to Nigeria in a bid to cement its footprint across Africa.

Speaking at a media launch in Lagos on Monday, Lori’s Chief Operating Officer Uche Ogboi said the company’s mission was to reduce the high cost of transportation of goods, which was up to 75 per cent of the cost of products in some countries across Africa.

“Our mission in Nigeria is to create a more efficient logistics experience for cargo owners who are burdened with the task of moving their goods across the country. We have successfully created a digital platform to enable the movement of goods through a transparent supply chain management system that is affordable, reliable and flexible,” she said.

Uche was appointed as the Lori’s COO in July 2019 to lead the company’s strategic expansion across African market.

Ogboi added that the company is aiming to achieve this by eliminating the challenges encountered by customers along the cargo journey with new technologies and superior user experience.

“This expansion presents a massive opportunity for Lori, as the company seeks to facilitate and connect technology innovation, smart policy and government partnership, and seamless operations to continue to lower the cost of goods.

“Lori is at the forefront of revolutionizing cargo transport across Africa from the ground up,” said Ogboi,

Launched in Kenya in 2016, Lori seeks to seamlessly connect cargo owners to transport in frontier markets.

The startup leverages technology in reducing inefficiencies in the logistics chain by providing real-time tracking and optimization. The solution helps in informed decision making, utmost utilization of trucking assets and ultimately, reduction of transportation costs.

In the last 10 months, the company carried out a successful pilot in Nigeria with some of the country’s top cargo companies including Olam, Honeywell Flour Mills and Flour Mills Nigeria.

Ogboi says the company has successfully created a digital platform to enable the movement of goods through a transparent supply chain management system that was affordable, reliable and flexible.

Comment using Facebook

Continue Reading

Africa

Kenya Airways Withdraws Flights to Gabon and Benin

Inversk Review

Published

on

The National carrier, Kenya Airways has withdrawn its flights from two West African countries, Gabon and Benin effective October 14, 2019 citing unprofitability for the two routes resulting from changing market demand. Travelers who have booked the airline to the two destinations, beyond this date, will be rerouted or re-booked through KQ partner airlines.

“We have made the necessary arrangements to continue serving our customers who had made forward bookings through our existing cooperation with partner airlines to ensure no disruption to their travel,” said Kenya Airways Chief Commercial Officer, Ursula.

Speculations had it that the suspension of flights to Gabon and Benin is linked to its probe with the pilots on delays, something the carrier has denied. The company argues that the decision to suspend the flights to the cities of Libreville and Cotonou is in line with the current airline’s strategy to align its network worldwide.

The carrier which its first-half revenue rose 12.2 per cent from a year earlier to 58.55 billion shillings, has attributed to the launch of new routes and more frequent flights.

The national carrier has labored under a huge debt has had three changes of chief executive in the past five years as it struggles to compete with regional rivals. The government is making plans to buy out minority shareholders including Air France-KLM’s 7.8 per cent stake.

Sebastian Mikosz, KQ CEO,  says that there is no need to ‘sweat out assets’ with a view of reaping from the efficiency created from a larger network and frequency.

The carrier’s recent flight trend has however been on the positive with KQ having stuck to network expansion in the last year to include new entries in Mogadishu, New York and Geneva.

Comment using Facebook

Continue Reading
Advertisement
Advertisement

Sponsored Content

Loading...

Trending

Copyright © 2019 INVERSK MAGAZINE. Developed by ITIPS