Market News
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Tanzania: Mortgage Facility Provided Loans Worth 4.5 Billion in 2016/17
Posted on :Monday , 9th January 2017
National Mortgage facility for civil servants has provided loans to 391 workers from various ministries and local government authorities worth 4.5bn/- during the 2016/17 fiscal year.
This was said in Dar es Salaam yesterday by the Director for Housing Section in the Ministry of Lands, Housing and Human settlement Development, Michael Mwalukasa, while speaking to jou. . .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. . .
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