Market News
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Tanzania in Drive to Improve Doing Business Climate
Posted on :Tuesday , 22nd November 2016
The Tanzanian government has launched a one-stop shop to improve services for investors.
The aim is to raise the country's position in global doing business ranking.The facility, by the Tanzania Investment Centre (TIC), has departments that deal with matters such as land, taxation and product standards.. . .AfDB approves US $10-million equity investment in TIDE Africa Fund
Posted on :Monday , 21st November 2016
The Board of Directors of the African Development Bank (AfDB) has approved a US $10-million equity investment in the Technology and Innovation in Developing Economies (TIDE) Fund I to boost production and growth in Africa.
TIDE Africa Fund I, a venture with a target size of US $100 million incorporated in Mauritius, has 10-year target life within a 5-year inve. . .Tanzania sees economy expanding at 7.5 pct in 2017 - Finance Ministry
Posted on :Thursday , 3rd November 2016
DAR ES SALAAM (Reuters) - Tanzania's government has set an economic growth target of 7.5 percent in 2017, compared to an estimate of 7.2 percent this year, and plans to hike spending in the 2017/18 fiscal year by 11.5 percent to 32.9 trillion shillings ($15.1 billion).
The Tanzanian economy grew 7 percent last year, driven by transport, construction, communica. . .East Africa attracts more investors as rest of continent suffer
Posted on :Thursday , 3rd November 2016
The Foreign Direct Investment, FDI, to East Africa grew last year despite an overall drop across Africa from $87 billion to $66.5 billion.
A new report by Analyse Africa, a data service of the Financial Times shows 705 projects were supported by foreign investors across the continent in 2015 with infrastructure taking about 44 per cent of the inflows. The thre. . .Kenyan Investors Are Welcome to Tanzania
Posted on :Wednesday , 2nd November 2016
President John Magufuli has assured Kenyans who wish to invest in Tanzania to come and establish businesses, dismissing claims that his administration has been frustrating Kenyan traders and ignoring issues concerning the Ea. . .
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