Market News

 A total of $100 million will be the total cost of the ongoing expansion project for Mlimani City (about Sh224 billion on the prevailing exchange rate) as investors seek to make sure that the facility meets international standards. According to the supplement addendum between the government, t . . .

 The Aga Khan Development Network (AKDN) is preparing to build two university campuses for the Aga Khan University (AKU) in Tanzania.   This was revealed yesterday by the director of the AKDN's Institute for Education Development (East Africa), Prof Joe Lugalla.   He was addressin . . .

  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 dire . . .

 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 Unde . . .

 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 peo . . .