Market News

Vietnamese President Truong Tan Sang arrived in Dar es Salaam on Tuesday. He is visiting Tanzania to further cement ties between the two countries. The reciprocal visit follows former President Jakaya Kikwete's tour of the Southeast Asia nation in October 2014.   Our Staff Writer Chaby Barasa . . .

The Kenyan government's approval of the development of a Special Economic Zone (SEZ) in Dongo Kundu, Mombasa, expected to boost job creation and regional trade, has been welcomed by business people.   The Dongo Kundu bypass, which is part of a three-phase plan to decongest the port city of Mo . . .

Kenyan President Uhuru Ken-yatta said Sunday the sixth Tokyo International Conference on African Development, which Japan cosponsors with the United Nations and the African Union, will be held in Nairobi on Aug. 27 and 28.   Kenyatta made the announcement at a joint news conference with Katsu . . .

 BIA, a Belgium-based company, is now the official distributor of a select range of Cummins’ products in Congo, DR Congo, Cameroon, Central African Republic, Chad, Togo, Benin, Burkina Faso and Côte d’Ivoire QSK95The Cummins QSK95 Series generator has a high-horsepower engine . . .

 The African Union's Commissioner for Trade and Industry Fatima Acyl has called for structural transformation to create jobs that will improve the wellbeing of the African people.   Ms Acyl, who was speaking at a meeting in Addis last week, before the African Union summit, said the backb . . .