Market News
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Combating Cyber Crime in the Construction Industry
Posted on :Monday , 9th January 2017
Virtual crime has become an unpleasant reality of our times, leaving not even the field of construction equipment untouched.
Cybercrime comes with significant cost. It was been estimated that the global economic cost of combating cybercrime could reach $400 billion, according to a report entitled “Net Losses: Estimating the Global Cost of Cybercrime”, pu. . .China Welcomes Africa to be Part of Belt and Road Initiative
Posted on :Monday , 9th January 2017
Antananarivo — Chinese Foreign Minister Wang Yi said here Saturday that China welcomes African countries to join the Belt and Road Initiative.
The initiative was proposed by Chinese President Xi Jinping in hope for common development and common prosperity with countries that identify themselves with this proposal, said Wang at a joint press conference with his. . .Tanzania: Mortgage Facility Provided Loans Worth 4.5 Billion in 2016/17
Posted on :Monday , 9th January 2017
National Mortgage facility for civil servants has provided loans to 391 workers from various ministries and local government authorities worth 4.5bn/- during the 2016/17 fiscal year.
This was said in Dar es Salaam yesterday by the Director for Housing Section in the Ministry of Lands, Housing and Human settlement Development, Michael Mwalukasa, while speaking to jou. . .Tanzania: New Building Code System Essential for Real Estate Safety
Posted on :Friday , 6th January 2017
Dar Es Salam — The government has been urged to introduce the Building Code system as a solution for the haphazard and unlawful real estate development in Tanzania.
The coding system was designed by the Architects Association of Tanzania (AAT) and handed over to the government in 2003.This follows complaints from residents of ma. . .Africa: ADB Looking to Raise $8.4 Billion from Capital markets for Development Projects
Posted on :Thursday , 5th January 2017
Kampala — The African Development Bank (ADB) board of directors has approved the institution's borrowing programme for 2017, for an amount of $8.4 billion (Shsh30.4 trillion).
The money will be raised from capital markets in African countries by issuing bonds in local currency to finance development projects.Due to existing larg. . .Please Select an Option
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