Market News | INDUSMACH Tanzania 2025

Market News

  • Tanzania: Stock Exchange Proves It Has Potential to Boost Industrialisation

    Posted on :Wednesday , 22nd June 2016

    Tanzania has enough liquidity to facilitate industrialisation as manifested by recently Dar es Salaam Stock Exchange initial public offer which was oversubscribed by astonishing proportions.

     
    The oversubscription was expected since day one, but not at the said magnitude of almost five times or 377 per cent to rake in 35.77bn/- while the exchange earmarked to raise 8.. . .

  • Tanzania Inks Five-Year Plan with Canada for Capacity Building

    Posted on :Tuesday , 21st June 2016

    Tanzania Private Sector Foundation (TPSF) signed a five year Partnership Action Plan (PAP) with Canadian Executive Services Organisation (CESO) for capacity building and creation of awareness to the Foundation and its members for better service delivery.

     
    Speaking to reporters in Dar es Salaam, TPSF Executive Director, Mr Godfrey Simbeye, said that the technical supp. . .

  • Tanzania to Build it's Own Helicopters

    Posted on :Tuesday , 21st June 2016

    Arusha — Tanzania has started to build its own helicopters in a project that will see the first batch of such choppers taking into the sky sometimes in 2018.

     
    Already, the prototype model, a two-seater aircraft is in its final stages of completion at the Mechanical and Engineering Department of the Arusha Technical College, which runs a fully-fledged factory pr. . .

  • Tanzania: Manufacturing Sector Among Most Successful in Africa

    Posted on :Saturday , 18th June 2016

    Tanzania is among five African economies whose manufacturing sector are key success stories in Africa after outpacing other countries, which started from similar baselines in 2000, according to the Institute of Chartered Accountants in England and Wales (ICAEW).

     
    ICAEW attributes the growth to various reasons, which vary from country to country, including improved in. . .

  • Tanzania: Govt Promises Capital for Industries

    Posted on :Thursday , 9th June 2016

    Dodoma — As part of implementation of the Second Five-Year Development Plan (FYDP II), the government has pledged to provide capital to local investors to establish factories - to realise the industrialisation agenda as stipulated in the plan, the Prime Minister, Mr Kassim Majaliwa, announced here yesterday.

     
    In his address during the official launch of the pla. . .

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