Market News
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Uganda, Rwanda, Tanzania target private investments worth $10b
Posted on :Wednesday , 14th September 2016
East African countries want private investors to take up projects worth about $10 billion to fast-track economic development and lift millions out of poverty.
Uganda, Tanzania and Rwanda unveiled projects worth $9.9 billion at a recent Global African Investment Summit held in Kigali.Analysts believe the three countries are capab. . .Technology best bet in bridging East Africa’s literacy gap
Posted on :Tuesday , 13th September 2016
Technology is one of the country’s key drivers in realising Vision 2030, and in line with this, the Government has underscored universal access to ICT as a major objective.
Access to technology is expected to contribute to the country’s growth by reducing the costs of business, increasing efficiency, and improving educational standards and accounta. . .Tanzania: Domestic Producers to Compete for Best Local Products Award
Posted on :Tuesday , 13th September 2016
Goods are competing to win top 50 awards under seven categories for the best local products in a Proudly Tanzanian Campaign.
The Top 50 made in Tanzania Awards, according to organisers, Tanzania Private Sector Foundation (TPSF) and Tanzania Bureau of Standards (TBS), are pitting over 150 products locally manufactured.To fairly p. . .Tanzania Exports Increase by 8.4% in Year Ending June 2016
Posted on :Monday , 12th September 2016
The Bank of Tanzania (BOT) Monthly Economic Review for July 2016 shows that the value of export of goods and services in the year ending June 2016, increased by +8.4%.
Overall exports reached USD10,096.9m, compared to USD9,310.6m in the year ending June 2015. The improvement was mainly driven by an increase in travel (tourism) receipts, manufactured goods, and gold.
Travel. . .
Tanzania on track to reach 7.2 pct growth target: central bank
Posted on :Monday , 12th September 2016
Tanzania is on track to reach its economic growth target of 7.2 percent this year, the east African nation's central bank said Friday.
The expected growth conflicts claims by some opposition members of parliament that the economy was headed for a recession."Based on various indicators and trends, it is evident that Tanzania. . .Please Select an Option
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