Market News
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Tanzania: Foundation Stone Laid for New 'Safari City' Outside Arusha
Posted on :Tuesday , 14th June 2016
In a few years from now many of the Arusha urban residents will be living some ten kilometres from the current city, following the laying of foundation for the proposed new 'Safari City,' to mushroom in Matevesi area.
The new city planned, drawn and being executed by the state-run, National Housing Corporation, has floated nearly initial 600 plots for residential us. . .East Africa: EAC Budget Focuses On Energy, Infrastructure Sectors
Posted on :Friday , 10th June 2016
East African Community (EAC) member states have prioritised development expenditure as countries look to further strengthen the growth agenda of the regional economies. In the national budget estimates presented yesterday, the regional bloc's biggest economy Kenya will be spending $22.8 billion, Tanzania $13.5 billion, and Uganda $12 billion during the next financial year that starts on July 1.. . .
Tanzania: 413-Kilometer Link Road in Pipeline
Posted on :Friday , 10th June 2016
Dodoma — Feasibility study and detailed designing for construction of the 413-kilometre road linking Mbeya to Tabora Regions to tarmac level have been completed with the government currently looking for funds to implement the project.
"Now that the feasibility and designing have been completed, construction of the road will take place when funds are avail. . .Tanzania: France Commits 65 Million Euros for Airport Revamp
Posted on :Thursday , 9th June 2016
France, through its International Development Agency (AFD), has granted 65 million Euros (about 161.5bn/) as a concessional loan for the modernisation and extension of the Julius Nyerere International Airport (JNIA) Terminal II built in the 1980s.
AFD Country Representative Mr Emmanuel Baudran told the 'Daily News' in Dar es Salaam yesterday that they have already s. . .Trade Mark East Africa Aims to Raise U.S. $1Billion for Infrastructural Projects
Posted on :Wednesday , 8th June 2016
Kampala — Trade mark East Africa (TMEA) is to raise about US$ 1billion from their development partner's to finance infrastructure projects and other social, services in the Six East African Community countries.
This was revealed by the Chairman of Board of Directors Ali Mufuruki who said EAC still needs the support of his organisation especially when it comes . . .Please Select an Option
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