Market News
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Africa: Dar Is Africa's Bright Spot in Economic Growth
Posted on :Monday , 3rd October 2016
Tanzania is among a few countries in Africa with robust growth of economy as the continent is expecting growth to fall to its lowest level in two decades due to a slump in commodity prices and continuing weakness in global growth, a World Bank report says.
With economy on track to expand by 7.2 percent in 2016, up from 7 percent in 2015, the East African count. . .Tanzania: CTI - Business Friendly Govt Key for Growth
Posted on :Monday , 3rd October 2016
Dar es Salaam — The government has been advised to ensure drivers of industrialisation are in place to achieve and linked to attain the targets.
There should be hard and soft infrastructure.Hard infrastructure includes roads, railways, ports, air and water system while soft infrastructure such as human resources and skills. . .Tanzania economy grows 7.9pc in second quarter
Posted on :Saturday , 1st October 2016
Tanzania's economy grew 7.9 per cent in the second quarter of 2016, compared to 5.8 per cent during the same time last year, the state-run National Bureau of Statistics said on Thursday.
"The growth of GDP in the second quarter was driven by mining, manufacturing and energy sectors," Albina Chuwa, the director general of the bureau, told a news confe. . .Tanzania: IT Firm Comes Up With New Products to Boost Digital Inclusion
Posted on :Thursday , 29th September 2016
Ericsson has introduced new software and hardware products to help mobile network operators to boost digital inclusion in the country.
The new products will help mobile network operators to provide high quality service to unconnected population particularly in the rural areas.Ericsson KAM-Millicom Africa, Mr Frode Dyrdal, said i. . .Tanzania: Q400 Manufacturer Upbeat On Its Planes Versatility
Posted on :Thursday , 29th September 2016
The Q400 planes manufacturer, Bombardier Inc, has commented that Tanzania is set to boost air travel after purchasing the "extremely efficient and cost effective planes" also preferred by developed countries.
The national carrier, Air Tanzania Company Limited (ATCL), in recent times, remained a mere spectator as both gigantic and medium-sized airline. . .Please Select an Option
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