Market News
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Tanzania-Zambia Railway to be extended to four countries
Posted on :Tuesday , 17th May 2016
The Tanzania-Zambia Railway (Tazara) is yet to be extended to four other countries including Rwanda, Burundi, Malawi and Eastern DR Congo as well as to Tanzania’s multibillion-dollar Bagamoyo port.This is according to Government officials from Tanzania, China and Zambia who met in Dar es Salaam to discuss about the ailing infrastructure link that runs fro. . .Tanzania: B'moyo Port Construction to Create Numerous Jobs
Posted on :Saturday , 16th April 2016
LOCAL companies will benefit from a wide range of job and trade opportunities to be created as construction of the Bagamoyo Port begins next year, a top officer of Oman's State General Reserve Fund which finances the project has said.
Mr Mohamed Al - Tooqi, the SGRF Country Manager said in Dar es Salaam yesterday that many local companies would be sub-contracted for. . .Tanzania: Cement Firms Propose Increased Dividends
Posted on :Thursday , 14th April 2016
Dar es Salaam — Investors with Tanzania's two listed cement manufacturing firms are rubbing their hands in glee as the companies' boards of directors propose increased dividend payments from 2015 proceeds despite facing bitter competition from new markets entrants.
The board of directors for Tanzania Portland Cement Company Limited (trading as Twiga) has propo. . .Roadworks Estimated at Shs13 Billion Begin in Uganda
Posted on :Tuesday , 12th April 2016
Kabale — Prime Minister Ruhakana Rugunda has cautioned contractors not to delay completion of government projects, especially in the road sector.
Dr Rugunda, who was last Friday presiding over a ground-breaking ceremony for the construction and tarmacking of three feeder roads in Kabale Municipality, said delayed government projects not only increase the cost . . .Cement Firms Eye Construction Boom in East Africa
Posted on :Monday , 11th April 2016
Mombasa Cement Ltd plans to invest Ksh7.3 billion ($73 million) to expand the factory's production capacity.
The company is eyeing the market created by construction boom in East Africa and other countries in the larger region.The investment in a new clinker and cement unit is expected to ease pressure on prices, which dropped to $7 p. . .Please Select an Option
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