Market News

The 96-metre-high "Burj Zanzibar" is expected to open in the next years, offering a stunning new addition to Zanzibar's skyline. The most notable aspect of this structure is not its height, but the fact that it will be constructed primarily of wood. According to Milan Heilmann, Project Manager at CP . . .

Tanzanian people are being empowered to manage forests in a sustainable manner.97% of the 48 million hectares of forest in Tanzania are primary forests. Due to the rising need for raw materials and their byproducts, many anticipate that these assets will open up new income prospects for the Tanzania . . .

The Indian Ocean island of Zanzibar is planning the world's tallest timber apartment, a 28-story residential structure built with hybrid timber technology. The magnificent high-rise, known as Burj Zanzibar (the Arabic word "burj" means "tower"), is intended to rise significantly 96 metres. As t . . .

In Tanzania's fast developing economy, rising demand for timber and wood supply from industrial plantations and natural forests have created a new source of income for smallholder farmers in Tanzania's Southern Highlands, which is experiencing a tree-growing boom. Woodlots are becoming increasi . . .

Dr. Ezekiel Mwakalukwa, Chairman of TNBC's Forestry Working Group, stated in Dar es Salaam. Ben Mfungo Sulus, co-chair of the working group, and Dr. Godwill Wanga, executive secretary of the TNBC, are with him. The Tanzania National Business Council (TNBC) is launching a program to encourage th . . .