N e w s

Tanzania: Women, Youngsters Urged to Own Land for Collateral Use

WOMEN and youths have been encouraged to own land that they may use as collateral when applying for business loans from financial institutions such as banks in the country.   The call was made by a member of the Parliamentary Committee on Administration and Local Government Affairs, Ms Halima Mohamed, Unguja Special Seat MP when the committee visited the Property and Business Formalisation Programme popularly known by its Kiswahili.... Read more »

Posted on : Tuesday , 28th March 2017

Ethiopia: Local Cement Production Supporting Construction Boom

The construction industry is booming in Ethiopia. Years ago, the country had been importing cement at huge costs for its developmental projects. In 2010/11 the country imported 0.3 million tonnes cement by spending millions of USD. However, owing to the growing numbers of cement factories, these days, the country has begun exporting beyond meeting local consumption.   The number of cement and chemical producing industries has been.... Read more »

Posted on : Tuesday , 28th March 2017

Pipeline Issues Testing East Africa's Massive Oil Ambitions

JOHANNESBURG: A decade after its first big oil find, East Africa’s emergence as a crude exporter has been hindered by security and cost concerns that left the region building two pipelines instead of one. Uganda and Kenya are developing two new basins and originally agreed to build one line to connect the landlocked discoveries to the coast. That changed last year, when Uganda chose a more southerly 1,400-kilometre route through Tanzania,.... Read more »

Posted on : Monday , 27th March 2017

Ethiopia Attracting Investments

Ethiopia is attracting foreign investors. And what’s attracting them is the prevalence of peace, smooth business transaction, a conducive custom and tax system. In addition development of infrastructure such as roads railway and energy is playing a crucial role in encouraging investment flow. Among the investors are, Chinese, Indian and Turkish industries taking the lion's share. Investments from these nations are gaining momentum. For.... Read more »

Posted on : Friday , 24th March 2017

Samsung Signs Up As Sponsor for BUILDEXPO Africa 2017

Dubai, UAE – Expogroup is delighted to announce that Samsung Electronics East Africa has signed up as a sponsor for BUILDEXPO Africa 2017, the 20th edition of East Africa’s largest building and construction show. The events will take place at the Kenyatta International Conference Centre (KICC) in Nairobi, Kenya from the 20th to 22nd April, 2017 and at the Milimani City Conference Centre (MCCC) in Dar es Salaam, Tanzania from the 10th.... Read more »

Posted on : Friday , 24th March 2017

Kenya: Govt Planning Revenue Collection Law to Curb Taxes that Scare Investors Away

The government is developing a national legislation to guide counties on revenue collection.   This follows complaints that some devolved units had come up with prohibitive taxes that have scared away investors.   The guide is meant to check on the unnecessary levies that are way above what the business community can afford and remain in business.   National Treasury Cabinet Secretary Henry Rotich said a review of the fees.... Read more »

Posted on : Friday , 24th March 2017

Kenya: Solar Boreholes Providing Lifeline for Herders

Garissa — Many Kenyan livestock keepers are losing their animals to drought - but some are staying afloat by using solar-powered pumps and growing vegetables   At the only borehole with water for miles around, the troughs are under siege in Saretho village as hundreds of camels, cattle, sheep and goats await their turn.   On the other side of the solar-powered well, women and children fetch water for household use, loading.... Read more »

Posted on : Friday , 24th March 2017

Kenya: Counties to Benefit From $155 Million Solar Power Project

Lamu and Tana River are among 14 energy "underserved" counties set to benefit from a Sh15.9 billion solar power project this year.   The Kenya-Off-grid Solar Access Project, which is fully funded by the World Bank, seeks to connect 430,000 off-grid households in the 14 counties.   The project's main target is to increase access to energy services in all the specific underserved counties.   Addressing journalists in.... Read more »

Posted on : Friday , 24th March 2017

Ethiopia: Govt Committed to Increasing Agriculture Productivity

Recently, Ethiopia has launched the new Agricultural Extension Strategy, which is considered to speed up the transformation of Ethiopian agriculture. The Ministry of Agriculture and Natural Resources had recently tabled the new Strategy for discussion with stakeholders.   According to the discussion, the agricultural, market-oriented, climate change extension services are typical instruments among global and continental institutes to.... Read more »

Posted on : Friday , 24th March 2017

Tanzania: Norwegian Fertilizer Firm Commits $36 Billion to Boost Agriculture Sector

IN a bid to ensure production and supply of fertilisers in the country, the Norwegian YARA International company, which produces fertilisers has announced to invest 80bn/- at the Port of Dar es Salaam so as to improve the business.   The idea is likely to improve agriculture production in the country, since majority farmers will benefit from the huge investment. The Norwegian ambassador to Tanzania, Ms Hanne-Marie Kaarstad said his.... Read more »

Posted on : Friday , 24th March 2017

Tanzania: Norwegian Fertilizer Firm Invests $36 Billion in Dar Port to Boost Imports

IN a bid to ensure production and supply of fertilisers in the country, the Norwegian YARA International company, which produces fertilisers has announced to invest 80bn/- at the Port of Dar es Salaam so as to improve the business.   The idea is likely to improve agriculture production in the country, since majority farmers will benefit from the huge investment. The Norwegian ambassador to Tanzania, Ms Hanne-Marie Kaarstad said his.... Read more »

Posted on : Friday , 24th March 2017

Tanzania: China Hails Magufuli Leadership, Funds New Ministry Building

PRESIDENT John Magufuli yesterday witnessed the signing of three agreements between governments of Tanzania and China to support expansion of police training institute in Kilimanjaro and construction of a building for the Ministry of Foreign Affairs and East African Co-operation.   Through the agreements, Tanzania has secured 300,000 US dollars (about 660m/-) for the ministry building and 20,000 US dollars (about 44m/-) for the.... Read more »

Posted on : Friday , 24th March 2017



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