Business

Volt Resources inks deal for flake graphite from Tanzanian project

Graphite exploration company Volt Resources Ltd has signed a second binding offtake agreement for graphite from the company’s pre-production Bunyu project in Tanzania, taking the total annual commitment to 10,000 tonnes. The agreement with major Chinese graphite company Qingdao Tiangshengda Graphite is for 9,000 tonnes annually from stage I production over five years with an option for a further five-year ...

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Korea-Africa Foundation’s New Aim Is Concerned With Tanzania

Africa economy keeps making progress, and the continent is anticipated to attain the best economy in the nearest future. Africa is rapidly growing economically, and what used to be a rejected zone is quickly becoming a ground for investment. The continent’s development potentials are huge and it has abundant natural resources and vast population and economic growth. In 2013, Africa ...

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Mixed Results for East Africa By Bharati Airtel

Indian telecommunication giant Bharti Airtel reported mixed results in the region for 2017, with its Ugandan unit’s profits growing by almost 30 per cent to $62.12 million, from $44.9 million in 2016, while the Tanzanian and Kenyan operations posted a combined loss of $135.6 million, pushing their accumulated losses to $1.07 billion. The poor but improved performance of the regional ...

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“If Tanzania is to forge ahead in industrial development, then the country needs more technologically advanced machinery”

Tanzanian engineers based in Japan together with their local counterparts, as well as those from Rwanda and Uganda, are meeting in Arusha to come up with ways of assisting the country to upgrade its industrial technology. “We are simply responding to President John Magufuli’s fifth phase government industrial development initiative, but as engineers, we are aware that, this requires new ...

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Tanzania is an “independent” country and will not be “intimidated”

Tanzania is an “independent” country and will not be “intimidated”, the ruling party said on Saturday after the US expressed concern about the conduct of 70 recent by-elections. The US on Wednesday cited “election violence and irregularities” aimed at the opposition after local elections were held on Sunday to replace officials who had either resigned or died. “Credible accounts of ...

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Double Taxation Agreement’s Deadline Missed

Tanzania and Burundi missed the July 18 deadline set by the region’s heads of state to ratify the East African Community Multilateral Double Taxation Agreement. Regional businesses said the delay in implementing the agreement signed eight years ago is denying the region investments.Kenya, Rwanda and Uganda have ratified the agreement. Peter Mathuki, East Africa Business Council ambassador to the EAC, ...

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Services Offered by Moving Companies

Services Offered by Moving Companies

Moving companies help a lot when you are planning to move to a new place. Without their help, moving could take weeks or even months in some cases. While you have a lot of things to pack, you are also too emotional because you are leaving a lot of stuff behind. It makes the process even longer. Therefore, it is ...

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