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Market News

  • Tanzania: World Bank Grants Sh576 Million to Schools

    Posted on :Thursday , 8th September 2016

     World Bank has issued a grant of Sh576 million to three public primary schools in the district for the construction of classrooms and toilets.

     
    The schools are Ludete, Lutonzo and Nyawilimilwa, according to Geita District education officer Deus Seif.
     
    He said this during a tour by Geita District Commissioner Herman Kapufi, to the s. . .

  • Africa is next centre for global economic growth, says Museveni

    Posted on :Thursday , 8th September 2016

     Ugandan President Yoweri Museveni has called for increased investment in Africa, calling it the next centre for the world’s economic growth.

     
    In a State House press statement issued on Monday, Mr Museveni described the economic situation in Africa as “very good” despite some bottlenecks while speaking at the third edition of the two-day Global. . .

  • Tanzania: Enterprise Growth Market Cap Reaches 120 Billion/-

    Posted on :Wednesday , 7th September 2016

     Enterprise Growth Market (EGM), Dar es Salaam Stock Exchange second window, has proved to be a catalyst for growth.

     
    The alternative offers opportunities for small and medium-sized companies, total market capitalisation reached 120bn/- at the end of last month.
     
    DSE Chief Executive Officer Moremi Marwa said in Dar es Salaam yesterd. . .

  • Tanzania: India Set to Fund Water Projects

    Posted on :Wednesday , 7th September 2016

     Dodoma — The government of India has agreed to provide a 500 million US dollars (1.094 trillion/-) concessional loan to finance water supply projects in 17 councils in Tanzania, the National Assembly was told here yesterday.

     
    The Deputy Minister for Water and Irrigation, Engineer Isack Kamwele, told the House that the funds acquired from the development p. . .

  • Africa: Dar Committed to Improve Investment Climate - PM

    Posted on :Saturday , 3rd September 2016

     Prime Minister Kassim Majaliwa said that government's decision to host the Investment Climate Facility for Africa (ICF) in Tanzania was part of a wider strategic drive to improve the country's investment climate and demonstrate it is open for business.

     
    "By hosting a Pan-African organization and leading by example in investment climate reform, we could dem. . .

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