Tanzania’s mining sector grew at a rate of 20.5% in Q2 2016 reaching TZS434b, compared to TZS361b in Q2 2015 with a growth rate of 11.2%.
The results were included in a report recently issued by the Tanzanian National Bureau of Statistics (NBS), covering the country’s GDP performances Q2 2016 GDP.
NBS attributes the growth to an increase in the production of diamonds, Tanzanite, salt, natural gas, gold, copper and silver production.
Tanzania.... Read more »
Posted on : Friday , 7th October 2016
Cape Town - Electricity prices could soar higher than the rate of inflation over the next few years, warn alternative energy proponents.
Posted on : Thursday , 6th October 2016
Cummings Foundation recently hosted a dinner for Peter Drobac, executive director of University of Global Health Equity in Rwanda. Drobac shared an update about UGHE, a brand new health sciences university that has received substantial funding from Woburn-based Cummings Foundation.
Posted on : Thursday , 6th October 2016
Bearing is an essential part of machinery which helps to reduce the friction of motion and increases the smoothness of machine. Bearings are widely use in automotive industry which helps to increase the speed of vehicle. Bearing reduces the friction between fixed and moving machine parts. However, it requires consistent maintenance to prevent early failure. The desperate need for energy-efficient vehicles and the expanding demand for bearings from the defense and aerospace ind.... Read more »
Posted on : Thursday , 6th October 2016
Pan-African development website ElicitAfrica.com reports Investec made the acquisition through its African private equity capability. The move will see the asset management service partner with Mobisol, a well-established solar power provider to low income households in Tanzania and Rwanda. The company is currently also entering the Kenyan market.
Posted on : Thursday , 6th October 2016
Off-grid power solutions, including renewable energy sources, will play an instrumental role in the country's rural electrification programme.
Posted on : Thursday , 6th October 2016
Chinese-built Ethiopia-Djibouti railway officially starts operation on Wednesday, setting a milestone as Africa's first electric railway.
Posted on : Thursday , 6th October 2016
Despite the fact that I am aware of diverse views on the subject of two newly acquired Air Tanzania Limited 76-seater Bombardier Q400 commercial aircraft of Canadian make, each of us has a duty to reason what we believe about the prospects of coming back of long-gone glory days under this government led by President John Pombe Magufuli.
Posted on : Thursday , 6th October 2016
Black Rock Mining Ltd (ASX:BKT) has increased its total Mineral Resource by 24% to 162.5 million tonnes at 7.8% total graphitic content through infill drilling within the Mahenge project in Tanzania.
Posted on : Thursday , 6th October 2016
Dar es Salaam — As the government is set to launch a biotechnology plant for manufacturing products that kill mosquito larvae by the end of this year, the government will construct a pharmaceutical company to reduce the importation cost.
Posted on : Thursday , 6th October 2016
Marriott International continues its robust expansion across the African continent with news of brand-new signings of new properties in Cape Town, Nairobi, Cairo and Mauritius. This announcement comes hot on the heels of Marriott's recently completed acquisition of Starwood Hotels and Resorts, which has created the world's largest hospitality. The transaction has increased Marriott's distribution in Africa, thus affirming the company's number one position across the continent..... Read more »
Posted on : Thursday , 6th October 2016
President Uhuru Kenyatta on Wednesday said the government has introduced a crop insurance scheme to cushion farmers from adverse weather conditions.
Posted on : Thursday , 6th October 2016
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