N e w s

Tanzania: Chinese Investors to Set up $100 Million Tile Factory

Mkuranga — Chinese investors are will invest $100 million (about Sh218 billion) to set up a factory that will manufacture roofing tiles in the country, Prime Minister Kassim Majaliwa heard on Wednesday.   Goodwill Ceramic Limited will start constructing the factory in December this year at Mkiu village, Mkuranga District in Coast region, according to the Chinese Ambassador to Tanzania, Dr Lu Youqing.   "With the.... Read more »

Posted on : Monday , 18th July 2016

Tanzania: President to Re-Open Dodoma Airport Post Expansion

Dodoma — President John Magufuli is expected to grace the re-opening ceremony of Dodoma Airport on Friday, next week, after undergoing a major expansion.   The Dodoma Regional Commissioner (RC), Mr Jordan Rugimbana, said here on Wednesday that the expansion was part of the government's initiative to move to the country's designated capital city. "This demonstrates President Magufuli's commitment to move to Dodoma," said Mr.... Read more »

Posted on : Monday , 18th July 2016

Tanzania: Sugar Board Plans to Build 3 New Mini-Sugar Plants

Dar es Salaam — The Sugar Board of Tanzania (SBT) is planning to build three mini-sugar plants - with active involvement of local governments in Morogoro Region - within the next five years.   The plants would be built in Kilosa, Kilombero and Mvomero districts, according SBT's five year Sugar Industry Development Plan.   SBT has already carried out a pre-feasibility study for establishment of the mini-sugar plants in the.... Read more »

Posted on : Monday , 18th July 2016

Tanzania: Sh26 Billion Warehouse to Boost Exports

Dar es Salaam — The minister for Agriculture, Livestock and Fisheries Development, Dr Charles Tizeba, officially launched the facility, together with an export space here on Tuesday.   "There are locations for handling special cargo, with a 17 square metre room for live animals; a morgue that has a capacity of storing up to four bodies; 64 square metres for vulnerable items; 40 square metres for storage of valuable items; 12.... Read more »

Posted on : Monday , 18th July 2016

Tanzania: India to Provide Massive Boost to Country's Industrialization Plans

 Tanzania rolled out a red carpet to India's Prime Minister, Narendra Modi who arrived in Dar es Salaam on Saturday night in his five-day, four-nation tour of Africa to drum up business between India and African countries.   The visit by the Indian leader is expected to provide a massive boost to Tanzania's industrialization strategy as the two countries agreed to deepen diplomatic and economic ties in agriculture, food security,.... Read more »

Posted on : Thursday , 14th July 2016

East Africa: Rift Valley Railway to Change Face of Transport in East Africa

The misleading reporting that has recently appeared in the press regarding Qalaa Holdings and its investment in Rift Valley Railways (RVR) has compelled us to respond to the blatant inaccuracies and to clarify any misunderstanding that may have occurred as a result of these false accusations.   We clearly and unequivocally state that Qalaa Holdings is committed to adhering to the highest international business standards and to ensuring.... Read more »

Posted on : Thursday , 14th July 2016

Tanzania: India Pledges Additional Funding to Support Priority Sectors

Indian Prime Minister Narendra Modi has said his country is willing to provide additional funding to the tune of over 1 trillion/- to support priority sectors in Tanzania. Police have warned that people who intend to disrupt the Special CCM National Congress planned for Dodoma late this month would face punitive action.   Indian Prime Minister Narendra Modi ended his two-day visit in the country yesterday afternoon amid hopes of.... Read more »

Posted on : Tuesday , 12th July 2016

Tanzania: Upper Ruvu Water Plant Expansion Complete

Kibaha — A multi-billion project for expansion of the Upper Ruvu Water Treatment Plant to cater for the need of the precious liquid in the city of Dar es Salaam is complete.   The completion of the project would now see the plant produce 196 million litres of water per day up from only 82 million litres produced previously.   Minister for Water and Irrigation, Eng Gerson Lwenge, said with the completion of the project, a.... Read more »

Posted on : Tuesday , 12th July 2016

Tanzania: Huge $1.8 Billion Fertilizer Plant Project Planned

A  mega project worth 1.8 billion US dollars (over 3.8 trillion/-) to put up a fertiliser plant at Kilamko in Kilwa Masoko District, Lindi Region, is set to start in December, a move that might see the farm input go down as a result of competition.   The plant, to be built by Tanzania Petroleum Development Corporation (TPDC) and three private companies will use natural gas as both a source of energy and feedstock for production,.... Read more »

Posted on : Friday , 8th July 2016

Tanzania: Bakhresa Group to Build Zanzibar's Greenest Hotel

Bakhresa Group has appointed Verde Hotels from South Africa to develop and manage the total overhaul and upgrading of the old Mtoni Marine Hotel in Zanzibar, about two kilometres from Stone Town.   According to a statement, the brand new five star property will be known as Hotel Verde, Zanzibar's greenest hotel.   "We are serious about being the leaders of the Green Economy sector and therefore we approached the developers of.... Read more »

Posted on : Wednesday , 6th July 2016

Kenya Seeks $5.5 billion IFC Funding for Road Construction

Kenya is looking for close to Ksh550 billion ($5.5 billion) to complete the construction of 10,000 kilometres of roads, after local banks refused to lend the money to the contractors after the botched annuity financing model.   The country is now negotiating for a line of credit of $1.5 billion from the International Finance Corporation (IFC), to finance part of the construction of 4,000 kilometres of urban roads; some 6,000 kilometres of.... Read more »

Posted on : Tuesday , 5th July 2016

Kenya: County Approves Sh170 Million for New Assembly & Governor's House

The County Assembly on Thursday approved Sh70 million for construction of a governor's residence in Likuyani Sub-County and another Sh100 million to build a modern County Assembly.   These were among the highlights of Sh13.2 billion budget that gave Health, Infrastructure and Agriculture departments the three-highest allocations.   Infrastructure development will consume Sh1.9 billion, health Sh1.2 billion and agriculture Sh575.9.... Read more »

Posted on : Saturday , 2nd July 2016



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