Market News
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Tanzania: After Dart Port Clean-Up, Time to Boost Railways
Posted on :Thursday , 18th August 2016
Dar es Salaam Port was one of the immediate points of focus by the new John Magufuli government and it was not hard to see why. This facility is, in all intents and purposes, Tanzania Treasury's cash-cow which, whenever it suffered a crash, the revenue collection targets suffered a great deal.
Two surprise visits at the Port by the Prime Minister soon after inauguration o. . .
Africa: It Is Good That Tazara Is Making Profit Again
Posted on :Thursday , 18th August 2016
We are so much delighted to share with our readers the good news from Lusaka, Zambia about the Tanzania-Zambia Railway Authority (TAZARA), which made 13.50 million US dollar profit in the 2015/2016 financial year as it makes steady progress towards fulfilling its great potential.It has attributed the profit to improved business resulting from increased haulage . . .Tanzania Awaits Sh1 Billion Dutch Aid For Runway Feasibility Project
Posted on :Wednesday , 17th August 2016
Dar es Salaam — Talks between Tanzania and the Netherlands are going on for the later to grant Sh1.2 billion (euros 500,000) to the later to finance a feasibility study for construction of a two-kilometre runway at the Julius Nyerere International Airport (JNIA).
The Tanzania Airports Authority (TAA) says it has submitted a proposal to the government of the Ne. . .Ethiopia: Industrial Parks Promoting Foreign Investment Influx,Tapering Unemployment
Posted on :Tuesday , 16th August 2016
Around the world, industrial parks have become significant vehicles for countries to provide competitive environments for industries to take off. Cognizant to this fact, the government of Ethiopia prioritized to the development of industrial parks to accelerate the economic transformation, promote and attract both domestic and foreign investors.The Industrial P. . .Dam construction going full steam while Egypt-Ethiopia talks stall
Posted on :Monday , 15th August 2016
BENISHANGUL-GUMUZ, Ethiopia — Ethiopia is seeking rapprochement with Egypt through the media after years of rising apprehension over the Grand Ethiopian Renaissance Dam of the Blue Nile watershed.The tension arose almost as soon as then-Ethiopian Prime Minister Meles Zenawi laid the foundation stone in April 2011 for the now almost-finished dam.Please Select an Option
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