Market News

Confederation of Tanzania Industries Applauds Economic Growth Efforts in Government 's 2023/2024
Confederation of Tanzania Industries Applauds Economic Growth Efforts in Government 's 2023/2024
5 July 2023

The Confederation of Tanzania Businesses (CTI) has given its investigation and reaction to key features from the Tanzanian Government's 2023/2024 Financial plan Discourse, praising the public authority's obligation to monetary development and modern turn of events. CTI is a main association add . . .

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Tanzanian Investments Were USD 327 Million in May 2023
Tanzanian Investments Were USD 327 Million in May 2023
4 July 2023

The Tanzania Investment Centre (TIC), has quite recently delivered its Month to month Speculation Factsheet-May 2023 which demonstrates that a sum of 52 venture projects worth USD 327.63 million were supported and enlisted in May 2023. These activities are supposed to create 6,279 new positions . . .

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Tanzania, France Sign New Pact to Foster Air Links
Tanzania, France Sign New Pact to Foster Air Links
27 February 2023

Going by the National Bureau of Statistics (NBS), with 100,371 arrivals last year, France brought in the second highest number of arrivals from outside the African continent, after the US, whose figures stood at 100,600. The Basa, meant to attract more tourists, was signed by the Works and Tran . . .

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UAE Firms Troop into Tanzania after President Samia’s Visit
UAE Firms Troop into Tanzania after President Samia’s Visit
27 February 2023

Two more United Arab Emirates companies have made in-roads into Tanzania, following President Samia Suluhu’s trip to the Gulf country last year to seek business. On 6th February, the Tanzania Forest Services Agency (TFS) and UAE-based Blue Carbon LCC announced a joint environmental conservati . . .

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Tanzania, Qatar End Double Taxation Inking Trade and Investment Pact
Tanzania, Qatar End Double Taxation Inking Trade and Investment Pact
12 October 2022

Tanzania and Qatar have signed a MoU to end double taxation and strengthen trade and investment ties with the United Arab Emirates (UAE). A media statement issued by the State House says the objective of the MoU is to 'enhance trade and investment cooperation and partnership between business co . . .

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