Market News

 Japan’s Kansai Paint has agreed to buy three east African paint companies to tap into one of the world’s fastest-growing regions as part of its global expansion.   The company’s South African subsidiary Kansai Plascon Africa is to acquire Sadolin Kenya, Sadolin Uganda . . .

Thousands of global and local buyers and sellers will gather in Tanzania to meet Industrial experts at the 19th IndusMach Tanzania 2017, which opens at The Mlimani Conference Center this August. More than 105 exhibitors will present their latest products and production capabilities to buyers fro . . .

As the fifth phase government's industrialization drive rolls on, the government is now lobbying the media fraternity across the country to carry it as a national agenda.   The Minister for Information, Culture, Arts and Sports, Mr Nape Nnauye, yesterday asked senior writers, editors and owne . . .

Dar es Salaam — Tanzania expects nearly 1,000 Chinese extra-large investors promising to invest in a special economic zone including textile, manufacturing, fishing, mining and agriculture across the board following mutual bilateral relations between the two countries.   "Massive invest . . .

The government has called on the Local Authorities Pension Funds (LAPF) to embark on investment activities with huge impact on creating more jobs and contributing to economic growth.   The Minister of State in the President's Office, (Regional Administration and Local Governments), Mr George . . .