Market News
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Tanzanian mortgage market registers high growth rate
Posted on :Monday , 26th September 2016
Tanzania's mortgage market registered a significant growth rate of 29 percent during the second quarter of 2016 compared with 4.2 percent in the first quarter, the country's Central Bank said Friday.
The Bank of Tanzania (BoT) also said in its mortgage market update ending June 30, 2016, that more lenders were offering mortgage products in the East African nat. . .Fund to back China's E. Africa investment
Posted on :Saturday , 24th September 2016
The China-Africa Development Fund said on Thursday that it was poised to strengthen its investment efforts in the East Africa Community region with the establishment of its representative office in Nairobi, Kenya.
The office, based in Nairobi, is the fifth in Africa after others in South Africa, Ethiopia, Zambia and Ghana. It is specially designed to cater to . . .Tanzania: High-Tech Equipment Sought to Detect Natural Forces
Posted on :Friday , 23rd September 2016
The government has arranged to acquire sophisticated equipment that will be used to undertake deep geologic surveys to detect the magnitude of natural forces like earthquake.Going by scientific term as Magnetotelluric, the machines, to be ordered from Germany, France, China or Japan, will make it possible for the country to measure and take immediate measurements of . . .Dahabshiil roots for US-Africa trade deals
Posted on :Friday , 23rd September 2016
Young African entrepreneurs stand to gain more from enhanced business partnerships between the United States and Africa according to money transfer firm Dahabshiil's CEO Abdirashid Duale.
Speaking after the just concluded US-Africa business forum in New York, Duale, whose company operates in the US and in Africa, says the opening of opportunities for African i. . .Tanzania: Aircrafts Triple At Newly Renovated Dodoma Airport
Posted on :Thursday , 22nd September 2016
Dodoma — Aircrafts landing daily at Dodoma Airport have tripled to nine from the normal three following completion of expansion works on the runway, Airport Manager Mr Julius Mlungwa has said.
He said the completion of the works early this month has allowed more flights to land at the semi-arid region and the country's designated capital, lowering airfar. . .Please Select an Option
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