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Market News

  • Tanzania: Manufacturing Sector Seen Growing Steadily

    Posted on :Thursday , 9th June 2016

    The President's Manufacturer of the Year Awards (PMAYA) has clocked eleven years and so are the industries efficiency, high-tech and competition.

     
    Also PMAYA has widen areas of competition as now there are 17 categories where industries are pitting in three groups -large, medium and small depending on capital, workforce and technology and environmental protection.
  • Tanzania: Industrial Sector Set to Get Investment from Pension Funds

    Posted on :Tuesday , 7th June 2016

    As the temperature to industrialise in the country heats up, social security funds are seeing themselves in a position to invest in development of industries as their risks have been mitigated by existing guidelines.

     
    The Social Security Regulatory Authority (SSRA) Director General, Ms Irene Isaka, said in a statement that with the existing investment guidelines, inv. . .

  • Tanzania: President Wants Industries To Boost Economy

    Posted on :Thursday , 2nd June 2016

    President John Magufuli wants the manufacturing sector to control a lion's share of workable population and contribution to the economy in the next four years.

     
    He said in Dar es Salaam yesterday that his government is rallying behind the manufacturing sector and want its share of employment to the society to reach 40 per cent from current 7.3 per cent - while its co. . .

  • Tanzania: Dar Committed to Transform to Semi-Industrial Nation

    Posted on :Saturday , 16th April 2016

    PRIME Minister Kassim Majaliwa has said the government is committed to develop industrial sector as a strategy to boost growth and propel Tanzania to join the league of middle income countries.

     
    The Premier told the Oman Minister for Commerce, Dr Ali Masoud Al Sunaidy in Dar es Salaam yesterday that the government was keen to attract private investments to promote in. . .

  • Africa: Intra-African Trade to Reach U.S. $250 Billion By 2021

    Posted on :Wednesday , 13th April 2016

    The African Export-Import Bank (Afreximbank) is to implement a new strategy aimed at driving industrialisation across Africa and increasing intra-African trade by, at least, 50 per cent in the next five years.

     
    The Afreximbank Intra-African Trade Strategy, approved by the Board of Directors at its quarterly meeting in Johannesburg on Saturday, will see the Bank work . . .

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