Market News | EAITE 2018

Market News

  • Tanzania, Kenya Move to Avert Trade Disputes

    Posted on :Thursday , 27th July 2017

     Dar es Salaam/Arusha — Tanzania and Kenya plan to form a joint committee and set up a channel of communication to deal with future trade disputes.

    The decision was reached during a meeting between the Minister of Foreign Affairs and East African Cooperation, Dr Augustine Mahiga, and his Kenyan counterpart, Ms Amina Mohamed, last Sunday in Nairobi.
    . . .

  • Tanzania: Strengthen Facilitation of Foreign Trade, Dar Urged

    Posted on :Thursday , 27th July 2017

     TANZANIA has been encouraged to strengthen the facilitation of foreign trade and make available friendly policies for products produced by local factories and enterprises to penetrate Chinese market.

    The Chief Representative (CR) of the Economic and Commercial Representation China, Mr c, made the call in Dar es Salaam recently, during the opening ceremony of t. . .

  • Tanzania signs $154 mln contract with Chinese firm to expand main port

    Posted on :Thursday , 27th July 2017

     Tanzania’s government signed a $154 million contract on Saturday with the state-run China Harbour Engineering Company (CHEC) to expand the main port in the commercial capital, Dar es Salaam.

    Tanzania is seeking financing for infrastructure projects as part of its plans to transform the country into a regional transport and trade hub.
  • Tanzania: Kurasini Lined Up for Major Export Processing Zone Authority Hub

    Posted on :Thursday , 27th July 2017

     Establishment of the Kurasini Trade and Logistic Centre at Shimo la Udongo area takes off with the Export Processing Zone Authority (EPZA) announcing it is now looking for a developer to manage the project.

    The autonomous government agency is seeking a competent partner, preferably from the private sector, with whom to develop its 248,000sq metres of land loca. . .

  • Tanzania’s annual GDP growth rate averaged 7% over the past 5 years, one of the 20 fastest growing economies in the world

    Posted on :Tuesday , 13th June 2017

    The East African nation of Tanzania has an estimated population of 50 million as of 2016. The country has maintained relatively stable, high growth over the last decade (averaging 6%–7% per annum). While the poverty rate has recently declined, the absolute number of the poor has not changed given the fast pace of population growth (ov. . .


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