Market News

Africa: China Committed to Stronger Ties With African Nations
Africa: China Committed to Stronger Ties With African Nations
4 March 2017

Beijing — A Chinese Diplomat has recalled the vital role African countries played in ensuring that the People's Republic of China regained its status at the United Nations, while calling on African journalists to help strengthen the ties between Africa and China.   Alpha Daffae Senkpeni . . .

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Tanzania Strategic Cities Project Gets $130 Million World Bank Boost
Tanzania Strategic Cities Project Gets $130 Million World Bank Boost
1 March 2017

Dar es Salaam — The World Bank Group commitment to continue supporting Tanzania was reaffirmed on Monday after it approved $130 million (Sh275 billion) aimed at financing the Tanzania Strategic Cities Project (TSCP).   The project, which is going on, started in 2010 in different cities . . .

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Tanzania: Almost All Ministries Complete Relocation to Dodoma
Tanzania: Almost All Ministries Complete Relocation to Dodoma
1 March 2017

Dodoma — Almost all senior officials of various ministries have shifted to Dodoma ahead of the deadline by President John Magufuli, the Daily News has learnt.   Dr Magufuli had issued an executive order, directing the government to move its seat to Dodoma within his first term as occupa . . .

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Tanzania: Ugandan President's Visit to Boost Economic Partnership
Tanzania: Ugandan President's Visit to Boost Economic Partnership
25 February 2017

Uganda President, Yoweri Museveni, arrives in the country tomorrow for a two-day state visit, to explore various potential areas of bilateral economic partnership, among them, the improved cargo clearance at the Dar es Salaam Port.   President Museveni will also hold talks with his host, Pres . . .

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Tanzania: Affordable Houses Key to Profits in Real Estate Market
Tanzania: Affordable Houses Key to Profits in Real Estate Market
24 February 2017

Reports indicating that real estate developers and agents found it difficult to find clients to buy and rent high-end properties last year should give them a complete shift in their business models. Developers will be required to adjust to the new economic realities and come up with the type of hous . . .

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