Market News

Turkish exports accounted for 217 million US dollars of the 284 million US dollars in commerce between Tanzania and Turkey last year, indicating both a trade deficit and a growing economic partnership between the two nations.As part of strategic efforts to strengthen trade and industrial cooperation . . .

Tanzania has opened its first state-of-the-art copper processing plant in Chunya District, Mbeya Region, marking a dramatic turn towards industrial self-reliance. This breakthrough not only represents progress but also a daring reevaluation of Tanzania's position in the global resource economy.&nbsp . . .

Kenyan President William Ruto is on an official visit to the United Kingdom, where he is expected to meet with British Prime Minister Keir Starmer to finalize a new strategic partnership agreement covering the period from 2025 to 2030. The deal, announced on Kenya’s national broadcaster on June 29 . . .

Tanzania is preparing to halt steel imports due to a sharp increase in local manufacturing output, signaling a major step forward in the country’s industrialization agenda.During a visit to Lodhia Industries in Mkuranga District, Coast Region, Prof. Kitila Mkumbo—Minister in the President's Offi . . .

With the opening of the state-of-the-art East Africa Conveyor Supplies Limited (EACS) facility in Kahama District, Shinyanga Region, Tanzania has made great progress in the production of mining and industrial equipment parts.Speaking at the facility in the Buzwagi Special Economic Zone, EACS Managin . . .