Market News
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Tanzania: Govt Prepares to Establish Tyre Manufacturing Plant
Posted on :Monday , 24th October 2016
Dodoma — The government has appointed a team of consultants to study and propose approaches for establishment of a tyre manufacturing plant in the country.
The Permanent Secretary in the Ministry of Industry, Trade and Marketing, Dr Adelhem Meru, revealed this yesterday before the Parliamentary Committee on Industry Trade and Environment when presenting . . .Ashok Leyland wins $170 million order from Tanzanian government to supply vehicles
Posted on :Friday , 21st October 2016
Chennai-based commercial vehicle maker Ashok Leyland said on Thirsday that it has won an order worth $170 million from the Tanzanian government to supply vehicles and related items. The company informed about the order minutes before trading hours; the share price of Ashok Leyland closed 1.72 percent higher at Rs 85.65 on the BSE.
The order will be financed by the EXIM Bank of I. . .High visibility in the heart of Africa
Posted on :Thursday , 20th October 2016
Vice President M. Hamid Ansari’s tour of West Africa in end September, his second in five months, took him to Nigeria and Mali. His previous tour of North Africa covered Morocco and Tunisia. The latest tour may not have excited the national media, but it is imbued with significance for three reasons.
First, it marked the end of over a year – from M. . .Tanzania: Our Own Motorcycle Engine Is Here
Posted on :Wednesday , 5th October 2016
Hussein Rashid, 38 is the first Tanzanian creator of motorcycle engine. He has always loved mechanics since he was five years old. His father inspired him into fixing and creating toy cars.
"When I was younger my friend's parents used to buy toys for them but for me my father would always encourage me to create mine and that is how I developed the passion. . .Maruti Suzuki India clocks 15 lakh vehicle exports
Posted on :Saturday , 1st October 2016
Passenger vehicles market leader Maruti Suzuki India has clocked cumulative exports of 15 lakh (1.5 million) vehicles.
These vehicles have been exported to over 100 countries including Europe, Latin America and Africa, the company said in a statement. Early this year, the company's premium hatchback Baleno, manufactured exclusively in India, became the first car to be exported f. . .Please Select an Option
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