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As the East African Development Bank fights for its life in the Tanzanian courts, its role as the East African Community"s Bank has come under fire. Related Stories EADB: Twists, turns and suits What lessons from EADB"s legal drama in Dar? The Permanent Secretary at ...
Read Story at Daily Nation (2010-03-18)
EADB offices in Kampala. The payout may affect the bank"s operations, experts warn By Barbara Among A Tanzanian firm, Blueline Enterprises Ltd, has won a staggering $110m (about sh250b) court case against the East African Development Bank (EADB), which may cripple operations. EADB is owned ...
Read Story at The New Vision (2010-05-05)
By Michael Omondi East Africa Development Bank (EADB) yesterday concluded a Sh1 billion currency swap deal with Standard Chartered Bank to cushion it from foreign exchange risks. The deal covering a seven-year period will see EADB receive local currency in exchange for $14 million at a fixed exchange rate. After ...
Read Story at The Standard (2006-06-09)
Kenya Commercial Bank (KCB) has been accused of gate-crashing into a charge while seeking to stop the transfer of a property belonging to runaway tycoon Yagnesh Devani.Arguing against the setting aside the sale of Camelot Estates, East African Development Bank (EADB) told Justice Muga Apondi that KCB and PTA Bank ...
Read Story at Daily Nation (2010-03-05)
Kenya is targeting 15,000 tourist arrivals from China in a new marketing blitz that focuses on the Far East using a 30-series TV soap drama. A cast of 50 arrived in the country on Tuesday morning all set to begin the shooting and production shoot of the drama "The Last ...
Read Story at East African Standard (2004-06-02)
East Africa Development Bank has defended the sale of property belonging to Yagnesh Devani, saying elaborate steps were taken before the transaction was concluded. Related Stories KCB alleges fraud in sale of Triton asset In a reply argued in court last week, EADB through lawyer Njoroge ...
Read Story at Daily Nation (2010-02-28)
Bad loans continued to batter the East African Development Bank, which posted a second straight loss for the past fiscal year as investors held on to money they had promised to advance the Bank for on-lending. Five months behind schedule, the EADB annual financial report was quietly released last week, ...
Read Story at Daily Nation (2009-12-01)
High school students and teachers described "plasma education" as in in an interview with Addis Tribune Wednesday. The students complained that they had difficulty in following lessons given through TV otherwise called PLASMA TV. They said the lessons in the English language were beyond their comprehension and examples ...
Read Story at Addis Tribune (2004-11-06)
Blind students who attended the fisrt year of the Law Faculty at Agostinho Neto University (UAN), in Luanda, are in urgent need of computers to continue their lessons without difficulties. They told Angop that the computers should have been in their possession since the begining of the lessons, ...
Read Story at AngolaPress (2003-06-11)
The State should assist the poor access legal services, the Law Society of Kenya (LSK) has said. The society"s Coast representative, Mr Justus Munyithia, yesterday said the Government should also set aside funds for lawyers to represent those unable to pay legal fees. Mr Munyithia said the cost of legal ...
Read Story at Daily Nation (2003-12-11)
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