Market News

In a few years from now many of the Arusha urban residents will be living some ten kilometres from the current city, following the laying of foundation for the proposed new 'Safari City,' to mushroom in Matevesi area.   The new city planned, drawn and being executed by the state-run, National . . .

East African Community (EAC) member states have prioritised development expenditure as countries look to further strengthen the growth agenda of the regional economies. In the national budget estimates presented yesterday, the regional bloc's biggest economy Kenya will be spending $22.8 billion, Tan . . .

Dodoma — Feasibility study and detailed designing for construction of the 413-kilometre road linking Mbeya to Tabora Regions to tarmac level have been completed with the government currently looking for funds to implement the project.   "Now that the feasibility and designing have been . . .

France, through its International Development Agency (AFD), has granted 65 million Euros (about 161.5bn/) as a concessional loan for the modernisation and extension of the Julius Nyerere International Airport (JNIA) Terminal II built in the 1980s.   AFD Country Representative Mr Emmanuel Baud . . .

Kampala — Trade mark East Africa (TMEA) is to raise about US$ 1billion from their development partner's to finance infrastructure projects and other social, services in the Six East African Community countries.   This was revealed by the Chairman of Board of Directors Ali Mufuruki who s . . .