Market News
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Lower oil prices fuel improved trade balance
Posted on :Monday , 2nd February 2015
SA’s TRADE balance switched from a deficit into a surplus in December as export growth outpaced imports, fuelling optimism that cheaper oil is going to help narrow the current account deficit this year.
Figures released by the South African Revenue Service (SARS) on Friday show that the country’s trade balance shifted from a revised R5.27bn deficit. . .Tanzania: Shilling Ends Year Slightly Stronger
Posted on :Monday , 19th January 2015
THE shilling traded with a slightly heavier bias in the last days of 2014 to close at a stronger position, despite losing
ground by over 8.0 per cent infull year.National Micr. . .Norway, East Africa in talks for free trade agreement
Posted on :Saturday , 17th January 2015
NAIROBI, Jan. 15 (Xinhua) -- Norway and the East African Community (EAC) member states are set to hold exploratory talks on a comprehensive free trade agreement, a Norwegian diplomat said on Thursday.Norway's Ambassador to Kenya Victor
Ronneberg told Xinhua in Nairobi that Norway and. . .Tanzania: Logistics Firm to Boost Dar Port Efficiency
Posted on :Friday , 26th December 2014
Trade Mark East Africa (TMEA) has come up in support for the big result now (BRN) to increase Dar es Salaam Port efficiency in the next three years.
Tanzania s trade share in EAC increases
Posted on :Thursday , 20th November 2014
Tanzania’s share of intra-regional trade in East African Community region has increased from 15 per cent in 2005 to 26 per cent by last year grossing over 1.5 billion US dollars, the government has said.
The Permanent Secretary at Ministry of East African Cooperation, Joyce Mapunjo, told reporters in Dar es Salaam that the country’s trade volume was only. . .Please Select an Option
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