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Market News

  • Tanzania Health Sector To Benefit From USD 12 Billion Global Financing Facility

    Posted on :Wednesday , 22nd July 2015

    The United Nations Secretary General (UNSG) announced last week that Tanzania is among four countries to benefit from a USD 12 billion fund awarded by the Global Financing Facility (GFF) to support the health sector in emerging countries.
    Tanzania-global-financing-facilityThe announcement was done by UNSG’s Mr. Ban Ki Moon during the Third International Financing for Development Co. . .

  • Construction boom and building innovation in East Africa

    Posted on :Wednesday , 22nd July 2015

    According to the African Development Bank, East Africa will grow by 5.6% in 2015 and by 6.7% in 2016, making it the fastest growing region on the continent.

     
    Today 54% of the world’s population lives in urban areas, but by 2050 the urban population is expected to rise as high as 62% in Africa. Currently only about 40% of African people live in urban environment. . .

  • Shaping the future of Africa�s construction industry

    Posted on :Wednesday , 22nd July 2015

     Construction experts and enthusiasts can look forward to attending the biggest yet conference of global construction industry shareholders right here on South African soil next month.

     
    The annual African Construction and Totally Concrete Expo, which takes place from 12 May to 15 May 2015, will offer attendees five unique expo experiences which include the Afric. . .

  • Base Titanium Adopts Best Mining Practices

    Posted on :Saturday , 18th July 2015

    Kenya is about to enter an important new stage in the development of its mining sector. The Mining Bill 2014, currently under review by the Senate, should be enacted before the end of the year and Kenya is about to embark on developing a 20-year strategic plan for the sector with the assistance of McKinsey & Company.

     
    The Mining Bill will regulate, amongst other . . .

  • Gold Deliveries Up 50 Percent - Chidhakwa

    Posted on :Saturday , 18th July 2015

    Gold deliveries have increased by an average of 50% this year due to the plugging of leakages of the precious mineral, with focus now on improving the supply side for small scale gold miners, Mines minister Walter Chidhakwa has said.

     
    Mineral leakages have cost the country billions of dollars in lost revenue, reducing official gold sales from 27 tonnes in 1999 to the. . .

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