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Market News

  • Tanzania inaugurated its first in East Africa, international gold trading centre

    Posted on :Monday , 29th April 2019

    Tanzania inaugurated an international gold trading centre which is the first in East Africa. 


    The centre is specially to encourage mineral trade, discourage smuggling of minerals, and make sure that businesses pay their levies to the government. The trading centre is located in the gold-rich region of Geita that produces over 40 percent of the gold exported from the . . .

  • East Africa portrays solid monetary development says AfDB report

    Posted on :Monday , 8th April 2019

    Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive, a report  by African Development Bank has observed.

    Job creation and ramping up manufacturing will continue to be major priority areas for creating growth and employment across the continent, says . . .

  • Strong Trade Ties Between Egypt-Africa

    Posted on :Friday , 1st March 2019

    Egypt has strong economic and commercial ties with Nile Basin countries, including Rwanda, the Democratic Republic of Congo, Uganda, Tanzania, Ethiopia and Burundi, making bilateral trade far surpass raw materials and simple commodities.


    According to the State Info. . .

  • Global Investors To Invest In Tanzania Towards Achieving Industrial Drive

    Posted on :Thursday , 28th February 2019

    Investors from across the world have been motivated to take advantage of the wide trade and investment opportunities in the country as it is executing its inspiring industrialisation agenda.

     

    "We need prospective investors from across the globe to invest in the country towards its industrialisation goal by 2025", said Octavian Mshiu, Vice-President of the Tanzani. . .

  • The United Kingdom signed a new Trade deal with East & South Africa

    Posted on :Friday , 22nd February 2019

    A new trade deal is signed between the United Kingdom and countries from East and South Africa for a preparation under which it will continue to trade with the region upon its pull out from the European Union on March 29.

     

    The UK-Eastern and Southern Africa (ESA) Trade progression Agreement is meant to reproduce the Economic Partnership Agreement that the East African Comm. . .

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