Market News | EAITE 2022

Market News

  • Kenya and Tanzania sign bilateral agreement to ease trade restrictions

    Posted on :Monday , 27th September 2021

    The government of Kenya and its neighbouring country Tanzania have signed a Joint Communique after the three-day bilateral meeting attended by the high-level technical team from both countries.

    The agreement was signed by Tanzania's PS for the Ministry of Trade Doto James and Kenya's Amb Johnson Weru after a three-day bilateral in Mombasa.

    During the meeting, the representatives fro. . .

  • Tanzania's trade to be boosted by AfCFTA agreement

    Posted on :Thursday , 23rd September 2021

    Tanzania's ratification of the African Continental Free Trade Area (AfCFTA) would enhance the country's international trade.


    According to business analysts, it will act as a platform for increasing Tanzania's commerce with Africa, which is now at 15%.


    "About 80% of our commerce is with nations outside Africa," said an Arusha-based economist who applauded th. . .

  • Vietnam, Tanzania to expand their commercial and investment relations

    Posted on :Wednesday , 25th August 2021

    At a meeting in Dar es Salaam, Tanzanian Foreign Minister Liberata Mulamula and Vietnamese Ambassador to Tanzania Nguyen Nam Tien promised to continue boosting commercial and investment relations between the two nations.


    Ambassador Tien, who made a courtesy call to Tanzania's Foreign Minister, congratulated Tanzania on its election as Vice President of the United Nations Gene. . .

  • Kenya counts on Dar mission to unlock trade barriers

    Posted on :Friday , 16th July 2021

    Kenyan manufacturers are hopeful the just concluded trade mission to Tanzania will help open up trade between the two countries.

    The visit comes amid renewed political ties between the two countries, fostered by the warm relationship between Presidents Uhuru Kenyatta and Samia Suluhu, and their pledge to foster better working ties  between the two countries.

    Last week, local ma. . .

  • Tanzania's Special Department for Business and Investment is in the process of being established.

    Posted on :Tuesday , 13th July 2021

    The government intends to create a specific department for business, investment, and industrial development in each of the 185 district councils, allowing regional business officials to handle business and investment in the country with complete authority.


    Geoffrey Mwambe, Minister of State in the Prime Minister's Office responsible for Investment, presented the proposal. . .


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