Market News
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Daimler launches locally-built buses
Posted on :Thursday , 27th July 2017
German automotive manufacturer, Daimler is targeting commercial vehicle market with its Kenyan-built bus models. The company known for vehicle models, Mercedes-benz, will stick with DT Dobie as its distribution partner to help drive that growth, joining a long list of vehicle manufacturers that have announced plans to set up locally.
Others are Volkswagen (VW). . .Tanzania-Turkey to Discuss Business Ties
Posted on :Thursday , 27th July 2017
TANZANIA and Turkey business people are expecting to meet this Thursday to discuss how the two countries could extend business ties.
The one-day forum came merely seven months since Turkey President Recep Erdogan made a state visit in the country and signed various Memorandums of Understanding (MoU).Tanzania Private Sectors Foun. . .Ashok Leyland wins Rs 1140 cr order from Tanzania government
Posted on :Tuesday , 18th July 2017
Indian commercial vehicle manufacturer Ashok Leyland has won USD 170 million (Rs 1,140 crore) order from the Government of the United Republic of Tanzania for the purchase of vehicles, gensets, spares and equipment for development of workshops, training modules and allied equipment to be fitted on ambulances, informed the company in a Bombay Stock Exchange (BSE) filing.
<. . .Tanzania: Japan to Help Establish Car Factories
Posted on :Tuesday , 18th July 2017
JAPAN, the country commanding the largest share of motor vehicles populating the entire globe, is committing itself to assist Tanzania and the other East African Countries to start manufacturing cars locally.
The Deputy Head of Japan International Cooperation Agency (JICA) in Tanzania, Mr Kuniaki Amatsu, reaffirmed his country's commitment to support the East . . .Peak Resources: Magnet metal rare earths in Tanzania
Posted on :Tuesday , 18th July 2017
Since listing onto the Australian stock exchange back in 2006, Peak Resources Ltd has come a long way. Whilst exploring for phosphate minerals in East Africa, the company discovered rare earth minerals, creating a significant buzz across the mining industry that led to the establishment of its flagship Ngualla Project. Managing Director Darren Townsend explains how the company has taken t. . .
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