Market News

 JAPAN, the country commanding the largest share of motor vehicles populating the entire globe, is committing itself to assist Tanzania and the other East African Countries to start manufacturing cars locally.   The Deputy Head of Japan International Cooperation Agency (JICA) in Tanzania . . .

 Since listing onto the Australian stock exchange back in 2006, Peak Resources Ltd has come a long way. Whilst exploring for phosphate minerals in East Africa, the company discovered rare earth minerals, creating a significant buzz across the mining industry that led to the establishment of its . . .

 The Department of Trade and Industry (dti) will lead an Outward Selling and Investment Mission to Kenya and Tanzania with the aim of increasing trade and investment between South Africa and the two countries.   A total of 27 local companies in the agro-processing, automotive, infrastruc . . .

 The government of Tanzania is buying a new Boeing Dreamliner 787 for its national airline, bolstering the Chicago jet manufacturer's year-end order book.   The sale follows private meetings that Jim Deboo, Africa region sales and marketing director for Boeing (NYSE: BA), held with Tanza . . .

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 strong pr . . .