Market News
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Tanzania: PASS, AGF Ink Deal to Boost Agriculture Loan Guarantees
Posted on :Tuesday , 13th December 2016
Dar es Salaam — Tanzania's Private Agricultural Sector Support (Pass) has signed an agreement with Nairobi-based African Guarantee Fund (AGF) to boost loan guarantees in the county.
The two parties agreed to share the risks of loan guarantee to eligible clients in Tanzania, with the aim of enhancing the outreach impact and reducing duplication of efforts and r. . .Tanzania: African Relief Organisation To Invest Sh3 Billion For Irrigation Project
Posted on :Thursday , 8th December 2016
Dar es Salaam — The African Relief Organisation is investing Sh3 billion on the first phase of its irrigation project on the Rufiji Basin, the company announced yesterday.
The organisation is discussing with the Rufiji Basin Development Authority (Rubada) to implement the project which is scheduled to start this farming season, according to the chairman for th. . .Tea Auction to be automated in East Africa
Posted on :Thursday , 8th December 2016
The East Africa Tea Trade Association (EATTA) has signed a financing agreement with TradeMark East Africa (TMEA) that will enable automation of the tea auction in Mombasa. TMEA will provide financing of US$ 1.5 million.
The automation is expected to reduce the tea trading cycle by about 65% from the current 45 – 60 days to less than one month.&nbs. . .More Pulse Crop As Dar Eyes Ready Indian Market
Posted on :Thursday , 8th December 2016
Tanzania plans to use the National Service, JKT and Prisons Department to increase agricultural production, notably in leguminous crops, as it eyes exporting six million metric tonnes of pulses to Indian markets.
Tanzania: Govt Urged to Review Tax Legislations to Boost Investment in Agriculture
Posted on :Wednesday , 30th November 2016
The government has been urged to swiftly review its tax legislations to allow local and multinational companies to heavily invest on agriculture sector, thus spurring economic growth.
Denmark Ambassador to Tanzania Mr Einar Jansen said at a REPOA-UN Wider joint conference in Dar es Salaam yesterday that the overly tax burden was slowing inclusive economic growth.Please Select an Option
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