Market News
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Tanzania: NHC Gets Sh4.5tr Loan for Dar Project
Posted on :Thursday , 27th July 2017
In what can be described as a major boost, the National Housing Corporation (NHC) has secured a $2 billion (Sh4.5 trillion) loan from PTA Bank -- the financial arm of Comesa -- to construct a commercial centre and satellite city at Kawe in Dar es Salaam.
This was revealed by the director general of NHC, Mr Nahemia Mchechu, yesterday.. . .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. . .Tanzania: Sh16bn Given for Building 3 Plants
Posted on :Tuesday , 18th July 2017
Dar es Salaam. LAPF Pensions Fund in the 2017/18 financial year has set aside Sh16 billion for the construction of three factories in Musoma, Kilimanjaro and Morogoro regions.
According to LAPF, its board of trustees has already approved the budget. In addition to that over 30,000 people will get direct or indirect employment opportunities.<. . .Tanzania: How Tanzania Will Benefit From Sh926bn Port Project
Posted on :Tuesday , 18th July 2017
The Dar es Salaam Maritime Gateway Project (DSMGP) launched by President John Magufuli yesterday is expected to boost the economy by significantly increasing Dar es Salaam Port's capacity.
The project is expected to enhance trade, both locally and within the East African Community (EAC) and South African Development Community (SADC) regions.. . .Tanzania receives $51m for Tabora road construction
Posted on :Tuesday , 18th July 2017
Tanzania has received $51m (over 110bn/-) financial boost from Kuwait for construction of the 85-kilometre Chaya-Nyahua road in Tabora region.
President John Magufuli met the ambassador of Kuwait in Dar es Salaam, Jasem Ibrahim Al Najem, and through him thanked the Kuwait government for the support, saying the new road will connect communication infrastructure. . .Please Select an Option
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