Market News

  The Tanzanian governments have designs on upgrading the dual carriageway stretch of the Arusha-Holili road as they look to find funds to finance the project and upgrade the rest of the road. The carriageway stretches 14.2 kilometers and will pose as an arduous endeavour.    The g . . .

 The Tanzanian Government has entered into a contract with Neusoft Medical Systems Company Ltd from China, to construct what is expected to be Africa’s largest medical equipment manufacturing company.   A lot is expected from this new association. The products from this new factory . . .

The Government have spent an estimated US$ 25.4 million on the construction of the ne Mbaka and Lufilo bridges. The bridges will act as a link between the village of Kikusya and the Matema Road in the Kyela district. Project Engineer, Samuel Joel recently provident an update on the construction, sa . . .

 A total of $100 million will be the total cost of the ongoing expansion project for Mlimani City (about Sh224 billion on the prevailing exchange rate) as investors seek to make sure that the facility meets international standards. According to the supplement addendum between the government, t . . .

 The Aga Khan Development Network (AKDN) is preparing to build two university campuses for the Aga Khan University (AKU) in Tanzania.   This was revealed yesterday by the director of the AKDN's Institute for Education Development (East Africa), Prof Joe Lugalla.   He was addressin . . .