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Market News

  • Tanzania, Jordan to sign trade pact

    Posted on :Monday , 26th January 2015

     The government will next month sign free trade agreement with the Middle East Kingdom of Jordan that would enable smooth movement of goods and services from both countries.

    Norwegian company to invest Shs250m in Kenya

    Posted on :Friday , 23rd January 2015

     Norwegian paint maker, Jotun, has announced a Shs250million investment in Kenya as it strives to increase its market presence and grow its business in . . .

  • Dutch-backed ICT Companies to boost export competitiveness in East Africa

    Posted on :Thursday , 22nd January 2015

     The Netherlands Trust Fund III (NTF III) Export Sector Competitiveness Programme, a three-year, multi-phase Dutch-backed project with the International Trade Centre (ITC), has completed the company selection process. . .

  • Tanzania: A competitive global investment destination.

    Posted on :Thursday , 22nd January 2015

     THE good investment environment in Tanzania has enabled the country to take the lead in attracting Foreign Direct Investment (FDI) in the East African Region by USD1.1 billion (1.76 trillion/-) in 2012.

    . . .

  • Qalaa Holdings Invests in East Africa�

    Posted on :Wednesday , 21st January 2015

     Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link.

    Qalaa controls Rift Valley Railways Ltd., the operator of a railway built almost a century ago running from Kenya’s Mombasa port to neighboring Uganda. It . . .

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