Market News

 The Japanese company has revealed that it is setting up a subsidiary in the East African country, with plans for a solar panel assembly plant.   It will officially open the subsidiary, Koyo Bussan Tanzania, in Dar es Salaam this week, according to an online statement.   It did no . . .

 Residents of Manila village in Rorya District, Mara Region have opened a new chapter in their neighbourhood. They no longer have to bear the brunt of 'living in the dark' after a new solar power named Firefly came to their rescue.   About 500 residents in a village located about 10 km f . . .

 Two Chinese firms and an Austrian engineering company are expected one week from now to sign a contract with Rusumo Power Company paving way for construction of the $340 million power generation facility starting early 2017.   The three firms have been selected to build the 80MW Rusumo . . .

 Elizabeth Julius worked sunrise to sunset to make ends meet as a seamstress. Supporting her husband and two kids in a village in Tanzania, Julius was forced to put down her needle and thread each day once darkness fell.   That all changed three years ago when she was introduced to Energ . . .

According to the Ministry of Energy and Minerals only 36% of the national population in Tanzania is connected to the grid. While this number is up from 10% in 2010 – access is largely limited to major towns. In rural areas only 11% of the population is connected to the grid. Given th . . .