Market News
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Tanzania: Govt to Lease New Aircraft to ATCL
Posted on :Tuesday , 20th September 2016
Dar es Salaam — Air Tanzania Company Limited (ATCL) will not own the two planes recently purchased by the government for a reported $47 million (Sh103.4 billion), it has emerged.
The Citizen now understands that the airliners, the first of which is expected to be delivered this week, will be leased to the troubled national carrier.Tanzania: BoT State of the Economy Report Viewed Favourably
Posted on :Saturday , 17th September 2016
The state of the economy presented by Central Bank Governor, Professor Benno Ndulu, in Dar es Salaam on Wednesday has met with positive reaction from the public with analysts projecting a bright future for the country.
"The economic indicators are true and there is a bright future of the country's economy," a senior lecturer from the University of Da. . .Tanzania: Bumper Cotton Harvest
Posted on :Friday , 16th September 2016
Mwanza — At least 120,000 tonnes of cotton has been bought from farmers in the Western Zone, where 99 per cent of the country's cotton is produced annually, the cotton board has confirmed.
Mr Kisinza Ndimu, the Principal Ginnery Officer of the Tanzania Cotton Board (TCB), said the recently released figures reflected business conducted between June 21 and. . .Tanzania Entrepreneurship and Competitiveness Centre Officially Launched
Posted on :Thursday , 15th September 2016
Tanzania officially launched the Tanzania Entrepreneurship and Competitiveness Centre (TECC) to promote entrepreneurial innovation and competitiveness in the country.
TECC aims to promote entrepreneurship and competitiveness in Small and Medium Enterprises (SMEs) in Tanzania through:
Skills development in entrepreneurship, innovation and competitiveness
Promoting l. . .
Dodoma Telecommunications Set to Improve With Fibre Network
Posted on :Wednesday , 14th September 2016
The Tanzania Telecommunication Company Limited (TTCL) will establish optic fibre rings network (Local Area Network, LAN) in Tanzanian capital Dodoma to improve local telecommunications.
The announcement was recently made by Kamugisha Kazaura, CEO of TTCL, who explained that the plan of TTCL follows the government’s decision to move its headquarters to Dodoma, from Dar Es Sal. . .
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