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Market News

  • Tanzania: Zanzibaris Urged to Support Industrial Economy Efforts

    Posted on :Wednesday , 5th October 2016

     Zanzibar — The Zanzibar Minister for Trade, Industry and Marketing, Ambassador Amina Salum Ali, has appealed to members of the public to support government's efforts in making the islands an industrial country.

     
    "Yes. It is possible to turn our dream into reality. We can have many light industries, which will definitely create jobs and boost our econ. . .

  • Tanzania Scales Up Competitive Ranking Ladder

    Posted on :Tuesday , 4th October 2016

     Tanzania competitiveness ranking has improved, moving up nine places to 116th position from 125th in the past four years.

     
    According to this year's Global Competitive Report released in Dar es Salaam yesterday, Tanzania ranks 116 out of 138 countries. Briefing journalists on the report, Acting Policy Research for Development (REPOA) Executive Director, Dr Lucas. . .

  • Tanzania Microfinance Sector to Drive Housing Growth

    Posted on :Tuesday , 4th October 2016

     There is an enormous potential for housing microfinance in Tanzania, the Centre for Affordable Housing Finance (CAHF) in Africa indicates in its latest report on Africa’s housing finance markets.

    CAHF attributes the potential to the fact that 41% of Tanzanians who borrow microloans plan to use them for housing construction or improvements.

    Nonetheless, Tanzania&rsquo. . .

  • 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. . .

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