Market News

Siha — TANZANIA Building Agency (TBA) has initiated housing projects in efforts to ensure civil servants own houses. TBA Chief Executive Officer, Mr Elius Mwakalinga said here yesterday that its research has determined that many civil servants are in dire need of houses as they own none. Mr M . . .

 Africa has begun the construction of a US$ 246m park dubbed Hawassa Industrial Park; this was confirmed after the signing of an agreement between Ethiopia and China Civil Engineering Corporation(CCECC). The mega development is projected to be complete in the next 9 months with the MH Engineer . . .

 The 19th-century British colonialist Cecil Rhodes' dream of unifying Africa from "Cape to Cairo" was not so far-fetched after all.   Tinged with a dash of déjà vu, this dream was fulfilled yesterday with the launch of the Tripartite Free Trade Area Agreement (TFTA) in Shar . . .

 Kenya and the US have signed a deal that would lead to the development of strategic infrastructure projects.   The memorandum of understanding covers projects related to the Lamu Port South Sudan- Ethiopia Transport (Lapsset) corridor.   During the signing ceremony on Friday, Cab . . .

Continuous growth on the African continent has brought with it a growing need for infrastructure development to meet the requirements of the growing population.   With that said innovation in the construction industry is at the core of development on the continent.   Toby Shapshak, who . . .