Tanzania: 'Local Textiles Industries Can Meet Domestic Demand'

Posted on :Tuesday , 13th December 2016

Domestic  textiles industries can meet the country's demand for garment should efforts be in place to protect them from cheap imports. Instead, more manufacturers were moving huge sales to the regional markets of the East, Central and Southern Africa than they did to the local markets.

East African Community told “CREATE MORE JOBS”

Posted on :Tuesday , 6th December 2016

Political stability of East African Community (EAC) is dependent on how individual countries will handle the high rate on unemployment among its youth population.

Tanzania to develop multi-million dollar water project with China

Posted on :Friday , 25th November 2016

 Construction of an over TZS 600bn water project to cater for an industry boom in Mtwara Region is scheduled to start this financial year, the government affirmed on Tuesday 1 November, reports the Tanzania Daily News.. Upon completion, the project which is expected to consume USD 281m (about TZS 604bn) will supply the region with 120m litres daily from Ruvuma river, according to the Perma. . .

Tanzania to Benefit from USD194m EAC-US Grant Agreement

Posted on :Thursday , 24th November 2016

 The US will grant USD194m to the East African Community (EAC) to improve regional integration in the EAC member states, which include Tanzania, Burundi, Kenya, Rwanda, Uganda, and South Sudan.

The grant agreement was signed by representatives of the US Agency for International Development (USAID), on behalf of the US Government, and the EAC, at the EAC headquarters in Arusha, Tanz. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .