Market News | IFMEX Tanzania 2024

Market News

  • Tanzania: Coffee Exports Soar to US$135 million

    Posted on :Thursday , 7th July 2016

    Coffee exports earned the country US$135 million (about 294.4bn/-) in foreign exchange during the 2015/2026 farming season as the country produced 59,000 metric tons, which is above average annual production of 50,000 tons.

     
    Tanzania Coffee Board (TCB) Acting Director General, Mr Primus Kimaryo, noted, however, that the board is currently working to boost local consu. . .

  • Tanzania: Farming Sector to get Robust Insurance Strategy Boost

    Posted on :Saturday , 2nd July 2016

    Dar es Salaam — Plans are underway to draw up an insurance strategy on agriculture in Tanzania.

     
    According to the Commissioner of Insurance, Mr Israel Kamuzora, a meeting of insurance stakeholders was recently conducted to discuss the strategy.It is hoped that by having the strategy, agriculture will be stimulated.
     
    Agriculture is . . .

  • Tanzania: District Council Allocates Sh80 Million for Agriculture

    Posted on :Wednesday , 29th June 2016

    Kilosa — Kilosa district council has allocated Sh80 million for the purchase of farm inputs for the coming agricultural season.

     
    Speaking to more than 200 farmers gathered at Mhenda village in the district, the Kilosa district commissioner, John Henjewele called on farmers to make good use of the research done by experts from Ilonga Agricultural Research Instit. . .

  • Tanzania: Small Holder Farmers to Receive £3 million Boost

    Posted on :Saturday , 25th June 2016

    A charity organisation has received £3 million (about 9.7bn/-) grant from the UK government to support 70,000 small holder grain farmers in Tanzania and Uganda so that they can gain access to regional export markets.

     
    The grant was provided to Farm Africa, through the Food Trade East and Southern Africa trade enhancement and promotion programme. According to Fa. . .

  • Tanzania: NMB to Provide Sh60 Billion Loans for Agriculture Sector

    Posted on :Friday , 24th June 2016

    Dar es Salaam — Tanzania's vision of becoming a middle income country by 2025 through agriculture-led industrialisation will receive a boost as the National Microfinance Bank (NMB) announced to set Sh60 billion for developing agribusiness in the next five years.

     
    Agriculture employs about 70 per cent of the Tanzanian workforce contributes about 27 per cent to t. . .

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