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Market News

  • Tanzania: Government outlines key investment areas

    Posted on :Friday , 21st October 2016

     The government of Tanzania has marked eight areas to private investors as part of industrialisation efforts in the country’s endovour to becoming a middle-income economy by 2025.

     
    The areas announced by the Minister of Industry, trade and investment, Charles Mwijage in the capital, Dar es Salaam are manufacturing, infrastructure development, agriculture, . . .

  • Tanzania and Cuba to Strengthen Bilateral Relations

    Posted on :Thursday , 20th October 2016

     Tanzania and Cuba commit to strengthening bilateral relations with focus on economic benefits and mutual cooperation.

    The announcement was made on October 3rd 2016 by President John Magufuli during a visit of the Cuban Vice President, Salvador Valdes Mesa, to Tanzania.

    Magufuli and Mesa discussed the various investment opportunities in Tanzania, especially in the pharmaceu. . .

  • Tanzania: Govt Targets 13% Economic Growth

    Posted on :Wednesday , 19th October 2016

     Dodoma — Tanzania is required to boost its economy by more than 13 per cent annually in order to attain a middle income status by 2025. For the past years the country's economy has been growing by 7 per cent only.

     
    Speaking yesterday when launching the Tanzania Investment Bank (TIB) board of directors, Finance and Planning Minister Philip Mpango challenge. . .

  • Tanzania: Sh100 Billion Grant From China Boost for Tanzania

    Posted on :Saturday , 15th October 2016

     Dar es Salaam — The government has received a grant of Sh97 billion from China in support of development of education, seaports, health and airline security.

     
    The Minister of Industry, Trade and Investment, Mr Charles Mwijage and the deputy permanent secretary in the Ministry of Finance and Planning, Ms Dorothy Mwanyika signed the document on behalf of th. . .

  • Tanzania: Traders Now Seek to Benefit From Improved Airport

    Posted on :Thursday , 13th October 2016

     Dodoma — In the recent past, the government spent nearly Sh11.8 billion on the expansion of Dodoma Airport .

     
    Work on the much touted renovation has been carried out at a time when preparations to shift the government's seat from Dar es Salaam to the designated capital are in full swing.
     
    President John Magufuli said recently. . .

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