Market News
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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 . . .Tanzania: Four Airports Await EIB Approval for Expansion
Posted on :Thursday , 9th February 2017
Dodoma — European Investment Bank (EIB) is set to decide on a proposal to upgrade and expand four airports, which are lined-up for fund receipt after completing the initial stage of scrutinising the contractors.
The EIB had agreed to fund a special programme of transforming transport links to remote regions of Kigoma, Kagera, Tabora, Shinyanga and Sumbawanga b. . .East Africa: TAZARA Secures New Haulage Orders of Over 165,000 Tonnes
Posted on :Wednesday , 8th February 2017
Dar es Salaam — The Tanzania-Zambia Railway Authority (TAZARA) has secured new orders to transport at least 165,000 tonnes of freight for various companies on the Copperbelt Province of Zambia this year following a renewed confidence to the hauler.
A statement issued by the company's Dar es Salaam office indicates that the freight orders follow TAZARA Managing. . .East Africa: Dar es Salaam Port has Potential to Turn Tanzania Into A Trade Hub
Posted on :Wednesday , 8th February 2017
Dar es Salaam — Tanzania should open up its Dar es Salaam port to trudge cargo volume, expand and build new transport links to make Tanzania a regional hub while turning the country as Dubai of East Africa, the East African Business Week can report.
"The Dar es Salaam port is an engine for economic growth, if we invest in logistic centers, improve on infr. . .Please Select an Option
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