Market News

TANZANIA has in recent years seen unprecedented growth in construction sector, with mushrooming new houses, multi-storey buildings, roads and bridges, the trend that has contributed to surging demand for the building materials, Increased government funding on infrastructure development in almost e . . .

 Resulting from the rapid and sustainable economic growth as well as the ongoing fast urbanization in Ethiopia,there is high demand for cement and concrete, Construction Minister Eng. Aisha Mohamed said.   While addressing the 2nd Annual East Africa Cement, Concrete and Energy Summit yes . . .

Dodoma — The Ministry of Works, Transport and Communication has unveiled a massive 4.5trl/- budget, which among other things, will cover flagship infrastructure development in the 2017/2018 fiscal year.   This means, the government will be spending almost 45 per cent of its budget as de . . .

Dodoma — Progress has been made ready for a kick start of construction of a mega stadium in Dodoma, President John Magufuli said here yesterday.   The president made this remarks at an occasion to mark the 53rd Anniversary of the Union between the then Tanganyika and Zanzibar, held for . . .

Vice President Samia Suluhu Hassan has invited South Korean investors to invest in the industrial sector and pledged the government would continue to improve investment climate.   Speaking to the South Korean investment council's delegation at the State House in Dar es Salaam yesterday, Ms Ha . . .