Market News

IN a bid to ensure production and supply of fertilisers in the country, the Norwegian YARA International company, which produces fertilisers has announced to invest 80bn/- at the Port of Dar es Salaam so as to improve the business.   The idea is likely to improve agriculture production in the . . .

PRESIDENT John Magufuli yesterday witnessed the signing of three agreements between governments of Tanzania and China to support expansion of police training institute in Kilimanjaro and construction of a building for the Ministry of Foreign Affairs and East African Co-operation.   Through th . . .

THE Kuwait government through Kuwait Fund for Arab Economic Development has released a loan of 109bn/- to finance Nyahua- Chanya road project, which will boost economic development through the central corridor.   Speaking to reporters shortly after the signing ceremony in Dar es Salaam yester . . .

THE World Bank (WB) Group President, Dr Jim Yong Kim, is expected to arrive in the country today for a three-day official visit, in which he will hold talks with President John Magufuli on robust development projects that are expected to be funded by WB.   During his visit, Dr Kim will meet D . . .

DAR ES SALAAM residents will soon breathe a sigh of relief over water shortages following completion of the construction of a 33KV power line that will enable pumping of 196 million litres of water from Upper Ruvu Water Treatment Plant to the city daily.   The 45-km power line was constructed . . .