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Market News

  • Experts from the EAC will identify investment incentives for antibiotic production

    Posted on :Wednesday , 8th December 2021

    Experts from the East African Community (EAC) member nations began a two-day workshop on Wednesday with the goal of developing financial incentives for antibiotics manufacturing in the region.


    The pharmaceutical sector was one of the priority sectors for the EAC's industrialization policy, according to Jean Baptiste Havugimana, the EAC director of Productive Sectors, who spok. . .

  • Hester Biosciences to acquire 50% stake in Tanzania’s Thrishool Exim

    Posted on :Wednesday , 8th December 2021

    Hester Biosciences Limited has announced that its international arm, Hester India, has agreed to buy a 50% share in Tanzania's Thrishool Exim Limited.


    Hester will benefit from the acquisition by expanding its distribution footprint in Tanzania and across the African continent.


    According to a statement, the proposed stake acquisition will cost $2.25 million.. . .

  • Global Fund invests in Tanzania health sector

    Posted on :Tuesday , 24th August 2021

    The GLOBAL FUND has praised President Samia Suluhu Hassan's leadership, offering to issue a total of 906 million US dollars (2.09 trillion/-) for health-care spending, including the battle against the Covid-19 epidemic.


    The funds include 794 million US dollars (about 1.8 trillion/-) that will be distributed between 2021 and 2023 to complement the battle against HIV/AIDS, tube. . .

  • President Samia Launched Military Hospital Funded by Germany

    Posted on :Tuesday , 24th August 2021

    At Lugalo Military Hospital in Dar es Salaam, President Samia Suluhu Hassan inaugurated a cutting-edge Infectious Disease Centre (IDC).


    The center is outfitted with a world-class laboratory costing 10bn/- that can treat coronavirus sufferers as well as those suffering from other infectious illnesses.


    She characterized it as a fantastic addition to developin. . .

  • Kenya Based Medical Firm Exports Medical Supplies to Tanzania

    Posted on :Wednesday , 7th July 2021

    A medical equipment manufacturing business headquartered in Kilifi has secured a contract to deliver medical equipment to Tanzania.


    Tanzania has bought 11 million Covid-19 vaccination syringes from Revital Healthcare EPZ Ltd, which has ordered the 2ml, 5ml, and 10ml vaccine syringes.


    This comes on the heels of Kenya and Tanzania's improved relationship sinc. . .


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