Market News | IFMEX Tanzania 2024

Market News

  • Tanzania: Grape Farming Receives Boost from PASS Loan

    Posted on :Saturday , 29th April 2017

    Elias Mgwabi prunes grape plants on his vineyard at Mtitaa Village in Bahi District, Dodoma Region.

     
    AT Mtitaa Village in Bahi District, Dodoma Region, a middle- aged farmer Elias Mgwabi and his labourers are trimming down branches from grape plants as fruits begin to grow on his 12-acre vineyard.
     
    The vineyard has become a model farm in. . .

  • Tanzania: Social Funds to Create 25 New Industries, Generate Over 300,000 Jobs

    Posted on :Thursday , 27th April 2017

    Morogoro — Social security funds plan to establish at least 25 industries countrywide and create over 300,000 jobs for Tanzanians, the government declared here yesterday.

     
    The Minister of State in the Prime Minister's Office, Policy, Parliamentary Affairs, Labour, Employment, Youth and People with Disabilities, Ms Jenista Mhagama, said the government was determ. . .

  • Dangote could be world's largest rice exporter by 2021

    Posted on :Saturday , 22nd April 2017

    Africa’s richest man, Aliko Dangote, could be the world’s biggest rice exporter in the next five years. This is according to the head of the African Development Bank (AfDB), Akinwumi Adesina.

    Akinwumi was Nigeria’s Agriculture minister when Dangote was the largest importer of rice into Africa’s most populous nation.

    He recounted how the bill. . .

  • Tanzania: Norwegian Fertilizer Firm Commits $36 Billion to Boost Agriculture Sector

    Posted on :Friday , 24th March 2017

    IN a bid to ensure production and supply of fertilisers in the country, the Norwegian YARA International company, which produces fertilisers has announced to invest 80bn/- at the Port of Dar es Salaam so as to improve the business.

     
    The idea is likely to improve agriculture production in the country, since majority farmers will benefit from the huge investment. The N. . .

  • Africa: Drones Helping Maize Breeders Cut Costs

    Posted on :Tuesday , 21st March 2017

    Harare — Using drone technology could cut labour and costs spent in collecting data for maize breeding by at least ten per cent, preliminary findings of a project shows.

     
    With increased demand for better seeds to adapt to changing climate, breeders have turned to unmanned aerial vehicles (UAVs) also known as drones for precise gathering of data from the field t. . .

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