Market News

 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 (EA . . .

 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 f . . .

 Tanzania has started building the 300km Standard Gauge Railway (SGR) from the Indian Ocean port of Dar es Salaam to Morogoro, which line is expected to be extended to Port Mwanza on Lake Victoria to link Uganda.   This development will put the spotlight on plans which should have seen U . . .

 Tanzania is planning to build a hydropower dam on a UNESCO World Heritage Site, raising concerns over the potential impact on local wildlife.   President John Magufuli confirmed the plan, which is designed to improve the reach of Tanzania’s power supply, during the first leg of hi . . .

 The UNEP Sustainable Buildings and Climate Initiative attributed 30% of annual carbon emissions to the global building sector. In response to this and the commitments made by numerous states to reduce their carbon emissions in line with the Paris accord, green building design has become integr . . .