Market News

Antananarivo — Chinese Foreign Minister Wang Yi said here Saturday that China always regards Africa as priority in its diplomacy.   During his talks with his Malagasy counterpart, Beatrice Atallah, Wang said that he chose Africa as his first overseas visit destination in 2017 by followi . . .

Morogoro — A total of 1,423 industries have been set up in Tanzania within one year of President John Magufuli in office, it has been revealed.   Principal Trade Officer in the Ministry of Industry, Trade and Investment, Mr Wilfred Kahwa, made the revelation here yesterday, noting that . . .

The government is planning to establish industrial development bank soon to speed up investment flow and loans for industrial development. Permanent Secretary (PS) in the Ministry of Industry, Trade and Investment, Dr Adelhelm Meru, revealed the above in Dar es Salaam yesterday during the official c . . .

 Global industry needs to continue embracing a green approach and not repeat old ways, Li Yong, the chief of UN Industrial Development Organization (UNIDO) told Xinhua in an interview.   On the occasion of UNIDO's 50th anniversary, Director General Li Yong said his focus was promoting th . . .

Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructu . . .