Market News | EAITE 2017

Market News

  • 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. . .

  • Africa: White House Choices Shape Africa Policies

    Posted on :Tuesday , 4th April 2017

    Washington, DC - Little has been said about Africa policy by the new U.S. President or his administration, but recent announcements and appointments provide an emerging outline of an approach that gives priority to security concerns.

    Support for democracy, development and health may no longer be policy cornerstones as they have been for all post-Cold War presidents, Democratic an. . .

  • Tanzania: Women, Youngsters Urged to Own Land for Collateral Use

    Posted on :Tuesday , 28th March 2017

    WOMEN and youths have been encouraged to own land that they may use as collateral when applying for business loans from financial institutions such as banks in the country.

    The call was made by a member of the Parliamentary Committee on Administration and Local Government Affairs, Ms Halima Mohamed, Unguja Special Seat MP when the committee visited the Property and . . .


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