Business

Construction of New Chemical Plant for Clean Water Inaugurated

chemical plant

Construction of a new chemical plant for clean water was inaugurated on Wednesday and once completed more than 1,000 jobs will be created. Said to be one of the largest chemical plants for clean water in Africa, the total cost in the construction would be Sh250 billion. It will go under the name Msufini Company and is a joint venture ...

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Tanzanian Manufacturers Eyeing Kenyan Market

Tanzanian Manufacturers

Kenya’s market for industrial goods is growing at rapid speed and this is well known among the Tanzanian manufacturers. Eyes are now turned towards it as Kenyan got the income to purchase the items. Addressing to the media in Kenyan capital Nairobi the Tanzanian High Commissioner to Kenya, Pindi Chana, said the country has one of the fastest growing middle ...

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Transcendent Tanzanite: Only Found in Tanzania

Transcendent Tanzanite

Named for the east African country Tanzania, the only place in the world where it has been found, tanzanite is celebrated for its unique colour. Its deep blue hue with purple undertones is unmatched in the gemstone industry. The Discovery of Tanzanite Although a newcomer to the jewelry market, tanzanite’s unusual discovery and subsequent marketing campaign have given it a ...

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More Than 300 New Industries Built In Past Two Years In Tanzania

tanzania dar es salaam

The past two years have been fruitful for the people in Tanzania following John Magufuli taking the office of president. Finance and Planning Minister said Wednesday to the Parliamentarians over 3,600 small to large scale industries have come up in the country during the period. Dr Philip Mpango was addressing while presenting a 32.5trn draft budget for FY 2018/19 to ...

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Irish Company CRH To Set Up Cement Factory In Tanzania

cement

CRH Plc cement manufacturer is planning to set foot in Africa and it is to start from Tanzania. A building materials manufacturing plant is being planned to be set up in the country and this could be a game changer industry here. The Tanzania Investment Centre (TIC) Communications manager Pendo Gondwe revealed the information Wednesday while talking to the media ...

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US Warns Tanzania On Used Clothes Import Ban

used clothes import

United States has warned leaders of the East African Community (EAC) following their plan on ban of used clothes import by 2019 as the new move is considered as violates to the conditions that was set to expand trade and investment in the continent under the African Growth and Opportunity Act (AGOA). EAC comprises of Uganda, Kenya, Tanzania, Rwanda, Burundi ...

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London-Listed Acacia Mining Discloses $700m Loss Due To Gold, Copper Ban

acacia mining

Acacia Mining posted a loss again. Last year it plunged down to over $700 million after the company was forced to write down the value of assets in the country. Acacia and Tanzanian have been lately embroiled in a bitter row and after couple of months ago the company’s shares dropped 30 percent following ban on gold and copper export ...

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