Market News
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Tanzania: India to Provide Massive Boost to Country's Industrialization Plans
Posted on :Thursday , 14th July 2016
Tanzania rolled out a red carpet to India's Prime Minister, Narendra Modi who arrived in Dar es Salaam on Saturday night in his five-day, four-nation tour of Africa to drum up business between India and African countries.
The visit by the Indian leader is expected to provide a massive boost to Tanzania's industrialization strategy as the two countries agreed t. . .East Africa: Rift Valley Railway to Change Face of Transport in East Africa
Posted on :Thursday , 14th July 2016
The misleading reporting that has recently appeared in the press regarding Qalaa Holdings and its investment in Rift Valley Railways (RVR) has compelled us to respond to the blatant inaccuracies and to clarify any misunderstanding that may have occurred as a result of these false accusations.
We clearly and unequivocally state that Qalaa Holdings is committed to adh. . .Tanzania: India Pledges Additional Funding to Support Priority Sectors
Posted on :Tuesday , 12th July 2016
Indian Prime Minister Narendra Modi has said his country is willing to provide additional funding to the tune of over 1 trillion/- to support priority sectors in Tanzania. Police have warned that people who intend to disrupt the Special CCM National Congress planned for Dodoma late this month would face punitive action.
Indian Prime Minister Narendra Modi ended his . . .Tanzania: Upper Ruvu Water Plant Expansion Complete
Posted on :Tuesday , 12th July 2016
Kibaha — A multi-billion project for expansion of the Upper Ruvu Water Treatment Plant to cater for the need of the precious liquid in the city of Dar es Salaam is complete.
The completion of the project would now see the plant produce 196 million litres of water per day up from only 82 million litres produced previously.Ministe. . .Tanzania: Huge $1.8 Billion Fertilizer Plant Project Planned
Posted on :Friday , 8th July 2016
A mega project worth 1.8 billion US dollars (over 3.8 trillion/-) to put up a fertiliser plant at Kilamko in Kilwa Masoko District, Lindi Region, is set to start in December, a move that might see the farm input go down as a result of competition.
The plant, to be built by Tanzania Petroleum Development Corporation (TPDC) and three private companies will use n. . .Please Select an Option
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