Market News

 Hebei Iron & Steel Group has signed a 51 per cent stake in a venture with the Industrial Development Corporation of South Africa and the China-Africa Development Fund to build the mill. Company officials, however, did not reveal the project cost. The plant is expected to produce five metric . . .

 NEW DELHI, India - President Paul Kagame has taken his search for investors to India, promising red-carpet reception for Indian investors to take advantage of the unrivalled business opportunities that Rwanda offers.  Kagame, who was in New Delhi, outlined specific investment areas to th . . .

 The National Development Corporation (NDC) said in the statement that Tanzania is set to produce 1.1 million metric tonnes annually.   Once the commercial production takes off, NDC said Tanzania will be one of the top four iron producers in Africa.    This will be the basis . . .

 President Paul Kagame yesterday addressed the Global Business Forum in Dubai hosted by the Dubai Chamber of Commerce and Industry. The event was organised under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, UAE vice-president and and ruler of Dubai. As the region’s largest Af . . .

 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 stages, Tanzania's manufacturing sector has a big potential to create jobs in the ru . . .