Market News

Dar es Salaam — China has pledged more development support for Tanzania to enable the country meet targets set in the 2016/20 National Development Plan and achieve the ambition to build the industrial economy.   The Chinese minister of Foreign Affairs, Mr Wang Yi, issued the promise dur . . .

Private sector players in the country have appealed to the government to amend the Special Economic Zone Act and the Tanzania Investment Act to enable the country set up modern industrial parks to attract more investments, particularly from China.   The Executive Director of the Tanzania Priv . . .

Envisaged construction of Kidunda dam in Morogoro to supply water in Dar es Salaam will be implemented as planned despite opposition from conservationists who claim that the project will impact negatively the flow of water in Rufiji River and eventually affect flora and fauna in Selous Game Reserve. . . .

Construction of 359 kilometer Pangale to Mpanda road to tarmac level funded by African Development Bank (AfDB) will speed up economic growth in Tabora and Katavi regions.   Tanzania Regional Roads Agency (TanRoad) Tabora Regional Manager Mr Damian Ndabalinze said the road will open up new inv . . .

Virtual crime has become an unpleasant reality of our times, leaving not even the field of construction equipment untouched.   Cybercrime comes with significant cost. It was been estimated that the global economic cost of combating cybercrime could reach $400 billion, according to a report en . . .