Market News

 The automobile industry in Tanzania is growing, supported by growing incomes, improving urban infrastructure and the supply of cost-effective vehicles by Asian manufacturers. This sector of Tanzania gives ample opportunities to other countries to enter the market.    There has been . . .

 A South African trade delegation will next week embark on an “outward selling and investment” mission to Kenya and Tanzania aimed at increasing trade and investment opportunities between the country and the two East African states, Trade and Industry Minister Rob Davies has said.So . . .

 German automotive manufacturer, Daimler is targeting commercial vehicle market with its Kenyan-built bus models. The company known for vehicle models, Mercedes-benz, will stick with DT Dobie as its distribution partner to help drive that growth, joining a long list of vehicle manufacturers tha . . .

 TANZANIA and Turkey business people are expecting to meet this Thursday to discuss how the two countries could extend business ties.   The one-day forum came merely seven months since Turkey President Recep Erdogan made a state visit in the country and signed various Memorandums of Unde . . .

  Indian commercial vehicle manufacturer Ashok Leyland has won USD 170 million (Rs 1,140 crore) order from the Government of the United Republic of Tanzania for the purchase of vehicles, gensets, spares and equipment for development of workshops, training modules and allied equipment to be fitt . . .