Market News
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Liquid Telecom set to expand footprints in Tanzania
Posted on :Wednesday , 9th September 2015
Tanzania is positioned to be a hub and potential guide way of fibre optic network connectivity for the East, Central and Southern Africa, making telecommunication sector key contributor to economic growth.
Liquid Telecom, Chief Executive Officer Mr Nic Rudnick made the remarks in Dar es Salaam yesterday during the Annual conference that constituted all large cable operators across the. . ..jpg)
World Bank approves $80 million for job growth in Tanzania
Posted on :Monday , 7th September 2015
The Board said it reached the decision after noting that over the past decade, private sector investment has been concentrated in a few fast growing sectors, such as the extractives, finance, communication, and transport while labor-intensive sectors such as agriculture and manufacturing expanded below the average rate of the economy (about seven percent in 2014/15). As a result, job crea. . .
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Kenya to push for better trade terms at upcoming World Trade Organisation forum
Posted on :Monday , 7th September 2015
Foreign Affairs Cabinet Secretary Amina Mohamed has said the upcoming global conference to be held in Nairobi could have huge gains for the agricultural sector.
Among the issues that her ministry will be pushing in the 10th World Trade Organisation ministerial conference are slashing barriers to cross-border business, which past meetings have failed to resolve. . .
EAST AFRICA STILL NICHE MARKET FOR GARMENT MAKERS
Posted on :Saturday , 5th September 2015
Though East Africa’s garment manufacturing potential is hindered by poor infrastructure and cumbersome Customs processes, exports are expected to grow as Kenya, Ethiopia, Tanzania and Uganda attract more investment.
According to consulting firm McKinsey, East Africa will remain a niche market for garment makers over the next decade but its success will depend . . .
KENYA TARGETS JAPANESE MARKETS
Posted on :Saturday , 5th September 2015
East Africa’s economic powerhouse Kenya is aiming to increase its influence in the Japanese markets, this is according to KenInvest’s Moses Ikiara.
Estimates suggest that trade between Kenya and Japan was above 1.5 billion US dollars in 2014. Experts lament trade imbalance between the two economies.KenInvest’s managi. . .Please Select an Option
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