The year 2016 was good for tea farmers thanks to high prices the produce fetched amidst a weaker dollar.
Posted on : Wednesday , 28th December 2016
Petra Diamonds has paid 5.8 million US dollars (about 12bn/-) to Tanzania in various taxes making the country the highest paid in nations where the firm operates.
Posted on : Wednesday , 28th December 2016
The global mood has shifted since Donald Trump’s surprise victory in the US presidential election. Europeans are fretful and Mexicans are panicking but many of the US investors we met in mid-November have become intensely optimistic about the prospects for their own economy. No one is quite sure whether this will benefit emerging markets or not and many Trump supporters probably don’t care. Their vote was to make America great again, not to lift up emerging or frontier e.... Read more »
Posted on : Wednesday , 28th December 2016
97 percent of the Bank's agriculture projects rated satisfactory.
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Posted on : Tuesday , 27th December 2016
Ethiopia is highly endowed with electric power potential that can be developed from water, solar and geothermal. Realizing the potential, the nation has been investing a great deal to cultivate the energy sources from wind, water bodies and the like.
Posted on : Friday , 23rd December 2016
Kenya will this month start manufacturing bio-control product Aflasafe KE01 to tackle aflatoxin.
Posted on : Friday , 23rd December 2016
Lindi — Minister for Energy and Minerals, Prof Sospeter Muhongo, has ordered the commissioner of minerals, gypsum miners and owners of industries to resolve their differences and make sure they agree on payment and prices so as to boost the gypsum mining business in the country.
Posted on : Friday , 23rd December 2016
Mbeya — Tanzania and Malawi are expecting to implement a joint 180-megawatt electricity project that will enable each country to produce 90mw.
Posted on : Friday , 23rd December 2016
Dar es Salaam — Major oil and gas companies are now planning to resume negotiations with the government on a production sharing agreement (PSA) next year for the planned liquefied natural gas (LNG) plant.
Posted on : Friday , 23rd December 2016
Efforts to boost power generation are set to receive timely support thanks to Germany's commitment to invest €32.5million, about Rwf30 billion into the sector.
Posted on : Friday , 23rd December 2016
European Union Commission has transferred the final €10 million disbursement of the €40 million grant for construction of 200 kilometer feeder roads in rural areas to support agriculture activities.
Posted on : Friday , 23rd December 2016
The Ford Ranger was crowned the 2016 Pick-up of the Year by the Nigeria Auto Journalists Association (NAJA), reinforcing its status as a segment-defining model in the highly competitive light commercial vehicle sector. The Ranger beat the Toyota Hilux and Mitsubishi L200 pickup for the coveted award. The award, which was accepted .... Read more » Posted on : Friday , 23rd December 2016
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