Boost in Tanzania's ports operations as trade elevates

Posted on :Tuesday , 27th December 2022

In the recent fiscal year, cargo handled by Tanzanian ports climbed by 14.9% to 19.8 million tonnes as businesses recovered from the Covid-19 outbreak as a result of better port infrastructure.

The country's cargo handling increased from 17.19 million tonnes in a comparable period the previous year to 19.8 million tonnes in the year to June 2022, according to the Bank of Tanz. . .

Diaspora Desk is being established by the East African Community (EAC).

Posted on :Thursday , 1st December 2022

The inflow of funds from the diaspora contributed significantly to the bloc's FDI, which stood at $8.2 billion as of last year, prompting the bloc to develop a Diaspora Engagement Strategy. The move, if implemented, will make it easier for East Africans living in the diaspora to invest and trade in the region, according to EAC Secretary General Peter Mathuki.

He was speaking . . .

Tanzania and the DRC interested in expanding their trade relations.

Posted on :Thursday , 1st December 2022

President Samia Suluhu Hassan and her Democratic Republic of the Congo (DRC) counterpart, Félix Tshisekedi, have agreed to collaborate during a number of areas to boost bilateral trade.

Consequently, Tanzania and the DRC intend to cooperate in a range of areas, including trade, investment, infrastructure, finance, energy, education, security, and immigration.

Tanzania and the DRC signed a MoU to expand their trade relations

Posted on :Friday , 4th November 2022

President Samia Suluhu Hassan and her Democratic Republic of the Congo (DRC) counterpart, Félix Tshisekedi, have agreed to collaborate in a number of areas to boost bilateral trade.

Tanzania and the DRC intend to collaborate in a variety of areas, including trade, investment, infrastructure, finance, energy, education, defence, security, and immigration.

&n. . .

Reforms to Tanzania's investment laws begin to bear fruit: TIC

Posted on :Thursday , 25th August 2022

In the upcoming years, six strategic investors will invest a combined $1.1 billion as the government ramps up its investment promotion campaign, supported by pro-business and economic diplomacy initiatives.

This occurs at the same time as Tanzania Investment Centre (TIC) is proud to have increased the number of investment projects by 14.6% in the fiscal year 2021â€. . .