Market News | ADPEXPO Tanzania 2024

Market News

  • Tea Auction to be automated in East Africa

    Posted on :Thursday , 8th December 2016

    The East Africa Tea Trade Association (EATTA) has signed a financing agreement with TradeMark East Africa (TMEA) that will enable automation of the tea auction in Mombasa. TMEA will provide financing of US$ 1.5 million.

     
    The automation is expected to reduce the tea trading cycle by about 65% from the current 45 – 60 days to less than one month.
    &nbs. . .

  • More Pulse Crop As Dar Eyes Ready Indian Market

    Posted on :Thursday , 8th December 2016

     Tanzania plans to use the National Service, JKT and Prisons Department to increase agricultural production, notably in leguminous crops, as it eyes exporting six million metric tonnes of pulses to Indian markets.

    Tanzania: Govt Urged to Review Tax Legislations to Boost Investment in Agriculture

    Posted on :Wednesday , 30th November 2016

    The government has been urged to swiftly review its tax legislations to allow local and multinational companies to heavily invest on agriculture sector, thus spurring economic growth.

     
    Denmark Ambassador to Tanzania Mr Einar Jansen said at a REPOA-UN Wider joint conference in Dar es Salaam yesterday that the overly tax burden was slowing inclusive economic growth.
  • Tanzania: Fertiliser Price Regulation Step in Right Direction

    Posted on :Friday , 25th November 2016

     Agriculture is the mainstay of the Tanzanian economy, employing about 72 per cent of the workforce and contributing up to 80 per cent of export earnings and over 90 per cent of all food requirements.

     
    Low productivity and poverty are two glaring features of the sector which is dominated by small-scale farmers and is mainly rain-fed and therefore, vulnerable to . . .

  • Africa: Rural Job Creation Holds the Key to Development and Food-Security Goals

    Posted on :Thursday , 24th November 2016

     Ibadan — Harvesting the benefits of core agricultural research, which often bears on improved crop varieties and plant diseases, increasingly depends on the social and economic conditions into which its seeds are sown.

     
    It is a sign of the times that Kanayo F. Nwanze, the president of the International Fund for Agricultural Development who started off as . . .

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