Market News

 On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from conglomera . . .

Chinese vehicle manufacturer King Long has formally started importation of its buses in the Tanzanian market through an agent Pwani Motors Limited.   Speaking during the launch of the sales at the weekend which was attended by bus operators in Tanzania, the company's marketing manager for the . . .

 The completion of the Addis Ababa-Djibouti Railway, a new 752km track linking Ethiopia's capital with the Port of Djibouti, was officially marked today at a ceremony at Nagad Railway Station in Djibouti. In the presence of Djibouti's President, His Excellency Ismail Omar Guelleh, and Ethiopia . . .

Kampala — East African Community (EAC) member states are spearheading a proposal to ban the importation of cars from outside countries.   President Museveni disclosed yesterday that they are in final stages with other East African states to ensure that no cars are imported into the regi . . .

  The global automotive business is in its most disruptive era since the advent of the industry over a century ago, creating an abundance of opportunities for new and established companies in the global automotive market. Analysts anticipate the market to grow by 2%, reaching 91 million new uni . . .