Archive for category: Logistics

ST Germain D J Co. Inc. reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 4.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 303,464 shares of the ride...

By ANTHONY KITIMO Mombasa Port registered a 12 percent annual growth this year, compared with last year, as it continues to benefit from increasing delays at the regional ports, especially Dar es Salaam. The recent influx of ships to ...

Uganda’s global trade with Europe faces premiums and delays as maritime operators halt shipments due to Houthi rebel attacks on ships passing through the Red Sea.  This poses a risk to cargo sent by the country to Europe and nearby locations,...

… Zimbabwe and flowers from Kenya.  One Chinese food … first imported batch of Kenyan anchovies to seafood distributors … roles in fostering intra-African trade. Discussions focused … Tanzania are expected to launch ...

Brambles Limited (OTCMKTS:BXBLY – Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a drop of 90.9% from the November 30th total of 1,100...

Modus Advisors LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 51.9% in the third quarter, HoldingsChannel reports. The firm owned 11,821 shares of the ride-sharing company’s stock after buying an additional ...

NAIROBI, Kenya —  Burundi's president on Friday accused Rwanda of funding and training rebels behind an attack last week on the village of Gatumba, close to Burundi's border with Congo, that killed at least 20 people. A Buru...

After two previous failed attempts in 2012 and 2019, Somalia finally became a member of the East African Community (EAC) on Nov. 24, bringing the number of member states to eight. It joins Kenya, Tanzania, Uganda, Rwanda, South Sudan, Burundi and the...

Nairobi (Kenya), Dec 30 (AP) Burundi's president on Friday accused Rwanda of funding and training rebels behind an attack last week on the village of Gatumba, close to Burundi's border with Congo, that killed at least 20 people. A B...

A general view of the container terminal at the Port of Mombasa. [Robert Menza, Standard] Mombasa Port posted a record of 1.6 million containers this year compared to last year’s 1.4 million containers. The growth has been attributed ...