Tanzania and South Africa commit to increasing bilateral trade and investment opportunities

Posted on :Monday , 19th August 2019

South Africa’s President Cyril Ramaphosa welcomed by John Magufuli, the President of Tanzania during his visit to Dar es Salaam. This was the first official visit of the South African President to Tanzania after being elected in May. The two presidents discussed many bilateral issues between the countries and signed agreement under many sectors for the advancement of trade, investment, en. . .

Hyundai East Africa Ltd. building a better future for Tanzania with Buildexpo Africa

Posted on :Monday , 19th August 2019

Hyundai East Africa Ltd., is participating at 22nd Buildexpo Africa – Tanzania 2019 to promote its state of the art construction equipments and products range. The event is from 12th to 14th September 2019, at the Diamond Jubilee Hall in Dar es Salaam, where the company looks to attract top industry professionals from all over the continent, including Builders, Developers, Importers, Arch. . .

USD 265 million bridge to be constructed over Lake Victoria by Tanzania

Posted on :Wednesday , 14th August 2019

A contract worth USD 265 million for the construction of 3.2 km long bridge over the lake Victoria has signed by the Government of Tanzania. Two Chinese companies have been awarded this contract with the aim of increasing trade connectivity among the East African countries.

The two companies namely the China Railway 15th Bureau and China Civil Engineering Construction Company (CCECC) wi. . .

Tanzania SGR project's final phase to be financed by China

Posted on :Wednesday , 10th July 2019

Foreign Affairs Minister Mr Palamagamba Kabudi declared that Tanzania’s Standard Gauge Railway (SGR) project is going to receive fund from China. He added that the Government of China wanted to support the SGR at the later stage of the project and currently evaluating the project before it engages in further talks.

Exim Bank of China proposed its intention to support the SGR in th. . .

Tanzania receives a major dam in Lumakali announced by the Government of Tanzania

Posted on :Tuesday , 9th July 2019

The government of Tanzania announces the construction of a major dam in Lumakali, Njombe District. Deputy Minister of Energy Mr Subira Mgalu declared the report and states that the authorities are currently involved in reviewing the feasibility study conducted in 1998. The construction of this 388.2m high dam and power centre will produce 222MW of electricity which will be distributed from Luma. . .