Market News | Buildexpo Tanzania 2025

Market News

  • Tanzania: New Building Code System Essential for Real Estate Safety

    Posted on :Friday , 6th January 2017

    Dar Es Salam — The government has been urged to introduce the Building Code system as a solution for the haphazard and unlawful real estate development in Tanzania.

     
    The coding system was designed by the Architects Association of Tanzania (AAT) and handed over to the government in 2003.
     
    This follows complaints from residents of ma. . .

  • Africa: ADB Looking to Raise $8.4 Billion from Capital markets for Development Projects

    Posted on :Thursday , 5th January 2017

    Kampala — The African Development Bank (ADB) board of directors has approved the institution's borrowing programme for 2017, for an amount of $8.4 billion (Shsh30.4 trillion).

     
    The money will be raised from capital markets in African countries by issuing bonds in local currency to finance development projects.
     
    Due to existing larg. . .

  • Tanzania: County Sets Two-Week Deadline for Toilet Construction

    Posted on :Friday , 30th December 2016

    Ruangwa — Lindi Regional Commissioner Godfrey Zambi has issued a two-week ultimatum to Ruangwa District's residents to construct toilets as part of efforts to check water-borne diseases, especially cholera.

     
    Mr Zambi ordered the District Commissioner, Mr Joseph Mkirikiti, to embark on a house-house inspection by January 15, next year and impose a 50,000/- fine . . .

  • How Will Trump Impact East Africa's Industrialisation Drive?

    Posted on :Wednesday , 28th December 2016

    The global mood has shifted since Donald Trump’s surprise victory in the US presidential election. Europeans are fretful and Mexicans are panicking but many of the US investors we met in mid-November have become intensely optimistic about the prospects for their own economy. No one is quite sure whether this will benefit emerging markets or not and many Trump supporters probably don&rsquo. . .

  • Tanzania: Chinese Firm Wins Power Plant EPC Contract

    Posted on :Thursday , 22nd December 2016

    Aim-listed Kibo Mining has awarded the Engineering, Procurement and Construction (EPC) contract for the construction of the power plant element of the Mbeya coal-to-power project (MCPP) to Chinese contractor, SEPCO III.

     
    Located in Tanzania, the MCPP includes a 250 - 350 MW mine mouth power plant. "Signing the EPC Cover Agreement is the most decisive step forwar. . .

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