Market News

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 . . .

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 busin . . .

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 assessmen . . .

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. &nbsp . . .

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 . . .