Tanzania: Laying foundation for Industrialized Growth in Africa

Posted on :Thursday , 16th October 2014

 TANZANIA, like many other developing nations, is on the route to build a robust manufacturing sector to increase its contribution to growth and prosperity of the people.

Despite being small and in its nascent. . .

Economic growth in Africa will exceed five per cent in 2015-16

Posted on :Thursday , 9th October 2014

 Despite weaker than expected global growth and stable or declining commodity prices, African economies continue to expand at a moderately rapid pace, with regional GDP growth projected to strengthen to 5.2 percent yearly in 2015-16 from 4.6 percent in 2014, according to a recent World Bank report.

Mineral beneficiation, industrialisation key to development�

Posted on :Monday , 6th October 2014

 JOHANNESBURG (miningweekly.com) – The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nenetold the Centre for Education In Economics and Finance (CEEF). 

African chemicals industry has growth potential

Posted on :Monday , 6th October 2014

 Despite South Africa having the largest and most sophisticated chemicals industry in Africa, estimated at $30-billion, it only contributes about 1% to the global market, says global growth consulting firm Frost & Sullivan chemicals, materials and food industry analyst Dilshaad Booley. 

Tanzania eyes industrialised economy to increase development

Posted on :Monday , 29th September 2014

 The model of the economy envisioned by the National Development Vision will be led by modernised and highly productive agricultural activities which are effectively integrated and supported by industrial and service activities in the rural and urban areas.