Market News
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Despite China Slow Down, Expected Marked Increase In E.Africa Trade, Shipping Volumes
Posted on :Friday , 28th August 2015
China’s trade will continue to increase by more than 5 percent per year between 2015 and 2020 despite recent setbacks caused by its marked economic slowdown, the World Trade Service of IHS Maritime & Trade forecasts.
One new trend is the move towards larger container ships to streamline the supply chain.Trade routes fr. . ..jpg)
Germany-Tanzania Bilateral Cooperation Strengthened With USD 210 Million Grant
Posted on :Tuesday , 25th August 2015
The German Embassy in Dar es Salaam, Tanzania has recently announced that it has concluded negotiations to strengthen the German-Tanzanian bilateral cooperation with a total grant of USD 210 million for development projects to b
The agreement includes a main program on human development for a total of USD 177 million, two projects on technical and financial co. . .KENYA TO UNVEIL ITS LARGEST BUDGET IN HISTORY
Posted on :Tuesday , 16th June 2015
The budget which is a 17 per cent increase from that of the fiscal year 2014/2015 is expected to strike a balance between support for rapid economic and inclusive growth. The government is anticipating the economy to grow by 7 per cent this year bolstered by low global oil prices and it infrastructure projects. Kenya is emerging as one of East Africa’s developing hubs mainly because. . .
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Regional body tips Tanzania as next EA economic powerhouse
Posted on :Wednesday , 27th May 2015
Tanzania has high potential to become the economic powerhouse in the East African region given her natural wealth and strategic geographical positioning, but there are challenges to overcome before it can realise its potential.
This is the observation of the TradeMark East Africa, Chief Executive Officer, Frank Matsaert whose organisation is assisting East Afr. . ..jpg)
Rwanda: Small traders call for tax cuts, funding in 2015/16 budget
Posted on :Wednesday , 27th May 2015
As government prepares to present its 2015/16 financial year budget estimates on June 11, small city traders expect Finance Minister Amb Claver Gatete to prioritise areas that will provide solutions to the challenges affecting businesses.
A number of small-and-medium enterprise (SMEs) operators interviewed by Business Times in a mini-survey conducted last week. . .Please Select an Option
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