Market News

Mkuranga — Chinese investors are will invest $100 million (about Sh218 billion) to set up a factory that will manufacture roofing tiles in the country, Prime Minister Kassim Majaliwa heard on Wednesday.   Goodwill Ceramic Limited will start constructing the factory in December this year . . .

Dodoma — President John Magufuli is expected to grace the re-opening ceremony of Dodoma Airport on Friday, next week, after undergoing a major expansion.   The Dodoma Regional Commissioner (RC), Mr Jordan Rugimbana, said here on Wednesday that the expansion was part of the government's . . .

Dar es Salaam — The Sugar Board of Tanzania (SBT) is planning to build three mini-sugar plants - with active involvement of local governments in Morogoro Region - within the next five years.   The plants would be built in Kilosa, Kilombero and Mvomero districts, according SBT's five yea . . .

Dar es Salaam — The minister for Agriculture, Livestock and Fisheries Development, Dr Charles Tizeba, officially launched the facility, together with an export space here on Tuesday.   "There are locations for handling special cargo, with a 17 square metre room for live animals; a morgu . . .

 Tanzania rolled out a red carpet to India's Prime Minister, Narendra Modi who arrived in Dar es Salaam on Saturday night in his five-day, four-nation tour of Africa to drum up business between India and African countries.   The visit by the Indian leader is expected to provide a massive . . .