Market News

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, acco . . .

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 . . .

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 b . . .

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 illn . . .

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 . . .