Market News
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Africa: Tanzania, Zambia, DR Congo to Construct $85 Million Bridge to Boost Trade
Posted on :Thursday , 16th February 2017
Dar es Salaam — Tanzania, Zambia and the Democratic Republic of Congo (DRC) are planning to construct a 700km bridge in an effort to boost trade relations among them.
DRC's Katanga Province governor Jean-Claude Kazembe said here yesterday that the bridge to be constructed at Kasenga on the border between Congo and Zambia will cost $85 million (about Sh190 bill. . .Tanzania: Japanese Contractor Asked to Speed Up Tazara Flyover Construction
Posted on :Thursday , 16th February 2017
Works, Transport and Communications Minister, Prof Makame Mbarawa has directed the contractor constructing the Tazara Flyover to speed up in order to reduce the duration the project.
Speaking at the construction site in Dar es Salaam yesterday, Prof Mbarawa, hailed the contractor, Sumitomo Mitsui, for the progress made putting emphasis on increasing speed for people. . .Tanzania: Construction of Mega $110 Million Pharmaceutical Plant Scheduled for This Year
Posted on :Tuesday , 14th February 2017
Simiyu — Various government institutions have teamed up to execute a 250bn/- pharmaceutical industry in Simiyu region, with prospects of saving billions of public funds in importation of medicines.
Regional Commissioner Anthon Mtaka, speaking here yesterday ahead of the region's business forum, told the 'Daily News' that the multibillion project is scheduled t. . .Tanzania: State Releases $10 Million to Contractor for Airport Terminal Construction
Posted on :Tuesday , 14th February 2017
The government has paid 22bn/- to BAM International Company, which is constructing the Julius Nyerere International Airport (JNIA) Terminal III.
Permanent Secretary in the Ministry of Finance and Planning, Doto James, told reporters yesterday that the ministry conducted a thorough assessment before the payment. He said the money was paid the day after President John. . .Tanzania: National Housing Corporation Puts up 300 Units for Sale In Dodoma
Posted on :Monday , 13th February 2017
The National Housing Corporation (NHC) has launched the sale of 300 housing units at Iyumbu Satellite Centre in Dodoma Region, being built at a cost of 12.3bn/-. Initiated in December 2016, the project is designed to accommodate the government officials and commercial investors, among others.
NHC Director General Nehemia Mchechu said in Dar es Salaam yesterday that . . .Please Select an Option
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