Market News

A joint venture between a Turkish and a Portuguese firm has won a tender for construction of 205 kilometres of Tanzania's standard gauge railway, part of the 1,216km stretch that will eventually link Dar es Salaam with the rest of the country as well as with Rwanda and Burundi.   The project, . . .

THE Government has launched a manual for low volume roads (LVR 2016) to cater for the design of new or upgrading of existing unpaved roads with a capacity of not more than 300 vehicles a day in a move to significantly reduce construction costs.   Speaking at the launching ceremony in Dar es S . . .

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

Tanzania is looking at using proceeds from its $700 million Eurobond and concessional loans to fund the construction of its standard gauge railway, making a big policy shift from its regional neighbours, who have bought into China's fund, build and operate model to fund their railway projects. &nbs . . .