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Market News

  • Tanzania Sign USD 1.3b SGR Railway Construction Agreement with China

    Posted on :Friday , 19th February 2021

    Tanzania’s President John Magufuli and China’s Foreign Affairs Minister Wang Yi signed in last month the agreement for the construction of the 5th phase of the new Standard Gauge Railway.

     

    The train will run for 341 km from Mwanza, the port city on the shore of Lake Victoria in northern Tanzania, to Isaka in the Shinyanga Region.

     

    The construction. . .

  • Tanzania: Right Move on Unlocking Agro-Industrial Potential

    Posted on :Friday , 27th November 2020

    In the year 2000, the Tanzania government of the day officially launched the Tanzania Development Vision 2025 with the overreaching development goal of accomplishing a semi-industrialised, middle-income competitive economy by 2025.

     

    What with one thing leading to another, successor governments came up with the 2011/12—2015/26 Long-Term Perspective Plan which embodied 5 Y. . .

  • Tractor leasing firm launches agricultural arm in Tanzania

    Posted on :Tuesday , 8th September 2020

    Regional Leasing Firm, Vehicle And Equipment Leasing Limited - VAELL all is set to take-off its agricultural arm in Tanzania as part of its regional expansion strategy.

    Dubbed Tinga, the arm will support SMEs and small scale farmers' right to use to farm implements and transport services

    "This move has been necessitated by various requests for farm machinery and transport services. . .

  • Russian Agricultural Machinery Convoy To Expand In Africa

    Posted on :Monday , 29th April 2019

    Agricultural machinery produced by Rostselmash SC are planned to be supplied to Mozambique and East Africa, according to the agency of economic information Prime, with reference to the Director for export sales of the company, Maxim Maximov. We are talking about the implementation of a government project that provides for the export of 70 pieces of equipment to this. . .

  • ENTERING INTO DEALERSHIP OF MACHINERY AND SERVICES WITH TTD'99LTD.

    Posted on :Tuesday , 16th April 2019

    For their products & services with TTD’99 LTD. for Tanzania, Uganda and Rwanda, Forklift center is glad to announce that it entered into a dealership agreement. Being one of the the leading companies for sales and service of forklift trucks & port equipment such as reach stackers, container handlers & terminal equipment. A brand-independent company Forklift center announced th. . .

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