Business

Japan To Help India Build Nation’s First Bullet Train

On his India’s three-day visit the Japanese Prime Minister Shinzo Abe has agreed to provide $12 billion of soft loans to help building up the country’s first bullet train. The two nations also yielded deeper defence ties as well as plan for civil nuclear cooperation. Strengthening the relations further the Asia’s second and third largest economies are seeking to balance ...

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Tanzania’s Telecom Revenues Growing Rapid Speed, To Reach $1.3b: Pyramid Research

Dar es Salaam – A new data released recently by Pyramid Research reveals the telecom market in Tanzania is growing rapidly and to reach nearly $1.3 billion this year in terms of revenue. The research adds mobile voice services will be the major revenue contributor in near future and it is estimated to generate a revenue of $845 million. The ...

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Kenya’s Exports To Tanzania, Uganda Declines To Worst Level

Nairobi – The exports of Kenya to Tanzania and Uganda have dropped drastically and it is indicated the two countries are buying goods from elsewhere. Tanzania and Uganda were the key destinations for Uganda in terms of exports of goods in 2014 in the region but the volume has reduced sharply this year. The worst affected is exports to Tanzania ...

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Upcoming Power Plant To Help Government Export Electricity

Dar es Salaam – Tanzania is expected to export electricity in near future to several other countries in the region. US-based Symbion Power LLC is constructing a power plant in Mtwara and is seeking partners for the $1.3 billion project. Symbion CEO Paul Hinks said Friday the upcoming power plant will be powered by gas and to produce 600 MW ...

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Mark Zuckerberg Pledges Donating 99% Of His Facebook Shares To Charity

Facebook CEO Mark Zuckerberg is now a dad. His wife Priscilla Chan has given birth to a baby girl. The announcement was made yesterday, but daughter Max came in their lives a week ago. Announcing the welcome of a new member in the family, Zuckerberg made a pledge of donating 99 percent of his shares in Facebook to charity during ...

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Raspberry Pi Launches Zero, Cheapest Computer, Priced $5

Britain’s most successful homegrown computer, Raspberry Pi, need to think selling its tiny, cheap programmable computer in African countries too to make computing reachable to the poor, students and hobbyists easily and without any financial burden. Priced tagged just $5, the company released today for the UK and US market the cheapest computer in the world. It is claimed to ...

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South African Airways Celebrates 20 Years Of Johannesburg-Dar es Salaam Route

Dar es Salaam – South African Airways (SAA) has a reason to celebrate its route between Johannesburg and Dar es Salaam. It has completed 20 years of its service that started on October 25, 1995 with just three flights a week. Currently the airways is offering a service of twice daily flights between the two African cities. The route became ...

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