Market News
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Tanzania: Govt Banks On Mid-Sized Firms for Industrialization
Posted on :Tuesday , 20th September 2016
Dar es Salaam — The government expects the private sector to boost the country's industrialisation drive and achieve its goal of becoming a middle income economy by 2025.
Permanent Secretary in the ministry of Industry, Trade and Investments Adelhelm Meru delivering a speech at the gala dinner for this year's Top 100 Mid-Sized Companies on Friday night s. . .Tanzania: CTI Study Roots for Expertise Sharing to Industrialise Tanzania
Posted on :Thursday , 15th September 2016
Dar es Salaam — Industrialists have advised the government to strengthen the Small Industries Development Organisation (Sido) and support small and medium-size enterprises (SMEs) to form business groups and clusters.
They have said by so doing such parties will share expertise vital for industrialisation. Confederation of Tanzania Industries (CTI) chairm. . .Tanzania: TCCIA Calls On Govt to Invest Heavily to Boost Industries
Posted on :Monday , 12th September 2016
Dar es Salaam — This was a message from key industry stakeholders on Thursday during a press conference organised by the Tanzania Chamber of Commerce, Industries and Agriculture (TCCIA).
TCCIA warned the government that a blanket cost-cutting drive would prove counterproductive in the long run. "If the government spends more, it will also be in a be. . .Tanzania Pension Fund Loan USD2.1m to Biotech Industrial Project
Posted on :Thursday , 1st September 2016
The National Social Security Fund (NSSF) of Tanzania recently disbursed USD2.1m to the Tanzania Biotech Product Limited in Kibaha for production expansion.
The factory is under the National Development Corporation (NDC) and is designed to manufacture biotech products that kill mosquito larva.
The NSSF decision to invest in such project follows the directives of President M. . .
Egyptian Samcrete’s IDG studies developing industrial zones in KSA, Ethiopia
Posted on :Wednesday , 31st August 2016
Industrial Development Group (IDG), the industrial arm of Egypt-based construction firm Samcrete, is studying developing major industrial zones in Ethiopia and Saudi Arabia. The move will be part of IDG’s strategy to expand businesses abroad.
Sameh Attia, IDG’s managing director, said his firm is currently conducting studies on offers received from. . .Please Select an Option
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