FREE Tanzania Investment Reports
Tanzania Investment Profile InterviewTANZANIAINVEST has conducted an exclusive interview with Mr. Emmanuel Ole Naiko, the Executive Director of the Tanzania Investment Centre (TIC), in order to learn about the current investment framework in Tanzania and also to ask about the opportunities that are currently available, or t... Topics
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SAGCOT Invites New Members
Private companies and farmers’ groups have recently been invited to join the Southern Agriculture Growth Corridor of Tanzania (SAGCOT) in order to access the center’s financing and technological skills... Tanzania Agriculture Investor Planning New Development ProjectAccording to recent reports, an agribusiness investor, Bruce Rastetter, from the US is currently working on a Tanzania agriculture project that will transform approximately 800,000 acres of land into a... Interview with Hon. Stephen Wasira Minister of Agriculture of TanzaniaHon. Stephen Wasira, Minister of Agriculture Food Security and Co-operation, talks about Tanzania's agriculture sector and explains the country's development strategy, as well as the role of China... Tanzania Cotton Sector Saved By Stimulus PackageRegulators of the Tanzania cotton sector have reportedly indicated that, contrary to earlier predictions, the industry is expected to survive the “second wave” of the global economic crisis, which... South Korean KRC acquires 100,000 ha in Tanzania100,000 hectares of land in Tanzania’s Rufiji valley are to be developed by South Korean corporation KRC as part of an ongoing large-scale farming initiative in developing countries. Topics
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Bank of Tanzania Optimistic About Weaker Currency
The Central Bank of Tanzania (BoT) has indicated in recent reports that it is not concerned about a possible further decline in the Tanzania shilling because a weaker currency could potentially help boost... Bank M Tanzania First Local Bank to Issue Corporate BondsEarlier this month, Bank M Tanzania Limited not only became the first local bank to issue corporate bonds in the Tanzania market, but was also the first corporate bond to be listed this year at the Dar... Tanzanian Banking Sector Welcomes Machinga BankThe Tanzania Banking sector is preparing for the establishment of a new community bank to be used by small traders in Dar es Salaam, with planning now entering the second phase which is expected to include... World Bank Prepares Country Assistance Strategy for TanzaniaAccording to recent reports, the World Bank is currently in the process of consulting with other stakeholders in order to prepare a new Country Assistance Strategy (CAS) for Tanzania. Tanzania Microfinance Sector Receives Government PraiseDuring the recent launch of the Small Entrepreneurs Loan Facility (SELF II) last week in Dar es Salaam, the government of Tanzania expressed its dedication to the support of the Tanzania microfinance sector... Topics
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Tanzania Construction Investments Create Sector Growth
According to a report by the Daily News, the recent focus on increased investments in the Tanzania construction industry has helped to improve the overall performance of the growing sector. Tanzania Infrastructure Financed Through EurobondsThe Daily News has recently reported that the Government of Tanzania has renewed its pledge that, beginning next year, the development of Tanzania infrastructure will be financed through Eurobonds, which... Hyundai Increases Tanzania Construction PartnershipsAccording to a recent report by the Daily News, local Tanzania construction companies have witnessed a significant increase in business partnership with the Korean automobile company, Hyundai East Africa... Tanzania Construction Projects Affect Transportation Trade and BusinessTanzania construction projects of new major roadways are currently underway throughout the central parts of the country in order to open the region up for additional trade and business. Tanzania Real Estate Development Receives PushThe Tanzania minister for Land, Housing and Urban Settlement Development, Capitan John Chiligati, has recently issued a challenge to the National Housing Corporation (NHC) to begin focusing on Tanzania... Topics
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New Budget Proposals to Stimulate Tanzania EconomyBudget discussions in a recent meeting of Tanzania contain numerous proposals that are intended to help stimulate the Tanzania economy and counteract recent changes in the country’s cost of... Tanzania Business Sector Challenged to Increase in Value and SizeAccording to Phylisiah Mcheni, the Chief Executive Officer of the IRIS Executive Development Center, the Tanzania business sector has received the challenge of positioning itself to both create value and... IMF Calls Tanzania Economic Prospects PromisingAccording to the recently released International Monetary Fund (IMF) Economic Outlook for sub-Saharan Africa, Tanzania economic prospects are promising. Tanzania Economy Expected to GrowThe recently released Tanzania country report, which was produced by Business Monitor International (BMI), has projected that the Tanzania economy will grow by 5.1 percent this year, representing an increase... World Bank Funded Privatizations Face RepossessionThe Government of Tanzania is currently considering repossessing approximately 30 firms that were privatized through funding from the World Bank during the Tanzania economic and financial reforms of the... Topics
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Tanzania Gold Exports Increase Significantly
According to a recently released statement from the Bank of Tanzania (BoT), between October 2010 and October 2011 Tanzania gold exports have witnessed a 33 percent increase as a result of an increase in... Tanzania Nickel Mining Receives IFC Funds
The International Finance Corporation (IFC), the private sector branch of the World Bank Group, has agreed to provide USD 5 million in funds to be used in the completion of a bankable feasibility study... Ophir Energy Launches Tanzania Drilling ProgramOphir Energy has announced the launch of its 2012 Tanzania drilling program, for which it will use the state-of-the-art drillship Odfjell rig Deep-sea Metro-1 (UDW drillship) as it begins the year with... World Bank Invests in Tanzania Mineral ProjectsAccording to recent reports, the World Bank is planning to invest USD 290 million into mineral governance projects across seven different African countries, including the Tanzania mineral sector.... Tanzania Oil Prices Regulated to Reduce CorruptionIn an effort to reduce corruption in the Tanzania oil sector, the government of Tanzania has recently announced a decision to increase excise duty on the country’s kerosene supply. Topics
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Tanzania Investment Center Promotes Tanzania ICT Sector
According to the Executive Director of the Tanzania Investment Center (TIC), Emmanuel Ole Naiko, who spoke during the Sixth International Conference on ICT for Development, Education and Training that... Tanzania Breweries Limited Reports Increased ProfitsProfits from Tanzania Breweries Limited (TBL) have increased dramatically over the last year from TZS 92.4 billion to TZS 121.7 billion, which represents an overall increase of 32 percent. Tanzania Farmers to Benefit from Joint Investment ProjectAccording to recent reports, more than 125,000 local smallholder Tanzania farmers stand to benefit from a new collaborative project that will be undertaken by Mtanga Farms Limited (MFL) and a Nigerian... Tanzania Manufacturing Sector Receives Positive ReviewAccording to the recently released Bank of Tanzania (BoT) economic review for the month of January has indicated that, in spite of regular power cuts early on in the year, the Tanzania manufacturing sector... Investors to Expand Tanzania Mufindi Paper MillsAccording to recent reports, the privatized Tanzania Mufindi Paper Mills Limited (MPM) located in the Iringa Region is anticipating investments of more than TZS 265 billion over the next seven years from... Topics
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Vodacom Tanzania Plans Increased Investment
The managing director for Vodacom Tanzania, Rene Meza, has recently announced that his company will be investing nearly USD 100 million over the next twelve to eighteen months in improvements to the company’s... Shilling Benefits Tanzania Telecom Companies
According to a recent Bloomberg Businessweek report, Tanzania telecommunications companies are currently working with the government in order to begin paying fees in shillings, which, according to Vodacom... Tanzania ICT Sector Seeks ExpertiseDuring the recent launching workshop for a project on capacity building and the effective use and management of Tanzania ICT (Information Communications Technology) resources within the public sector,... Zain Tanzania Wins Most Respected Company AwardAccording to a report by the Daily News, following its recent nomination as Tanzania's Most Respected Company of 2009, the mobile phone operator, Zain Tanzania, was recently presented with the prestigious... Tanzania Telecommunications Company Opens LinkA report published by the East African Business Week (EABW) earlier this month indicated that the Tanzania Telecommunications Company Limited (TTCL) has officially announced its full connection to the... Topics
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Improvements to Tanzania Travel Proposed for 2012
According to Moustafa Khataw, chairman of the Tanzania Association of Travel Agents (Tasota), in spite of the local and international challenges that faced the Tanzania travel and tourism industry last... Tanzania Tourism Anticipates More Turkish Visitors
Following a pledge of continued support from the Turkish government the Tanzania tourism sector is now preparing to welcome an increasing number of visitors from the Asian country over the next few years.... Rebranding the Tanzania Tourism IndustryAccording to recent reports, the Tanzania Tourist Board (TTB) is currently working to make the Tanzania tourism industry more competitive by rebranding the country’s tourism image so as to draw visitors... Launch of Tanzania Eco-Tourism Campaign ImminentReports indicate that the launch of a promotional Tanzania eco-tourism campaign that will focus flora, forest species and insects in order to attract more tourists to the country is forthcoming. East African Karibu Travel and Tourism Fair Scheduled in ArushaThe annual Karibu Travel and Tourism Fair (KTTF), East Africa’s premier tourism exposition, is scheduled to take place at the Magereza Open grounds near the Arusha Airport from June 3 to June 5 and is... Topics
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Tanzania Revenue Authority Promises Less Port Congestion
Following the departure and takeover of all TISCAN operations earlier this month by the Tanzania Revenue Authority (TRA), the Authority has pledged to increase efficiency in cargo clearance at the Dar... Tanzania Ports Authority to Receive Financial SupportIn an effort to assist the Tanzania Ports Authority (TPA), the Tanzania National Bank of Commerce (NBC) has pledged to provide them with financial support to be applied towards the improvement of the overall... TAZARA to Receive New Container Wagons from CCECCThe Chinese Civil Engineering and Construction Company (CCECC) has been granted a USD 5 million contract to build 90 new 50 ton container open wagons for the regional Tanzania-Zambia Railway Authority... Interview with Hon. Shukuru Kawambwa Minister of Infrastructure Development of TanzaniaHon. Shukuru Kawambwa, Minister of Infrastructure Development, talks about Tanzania's transport sector and explains the country's development strategy, as well as the role of China within such framework.... Interview with Akashambatwa Lewanika Managing Director of TAZARAAkashambatwa Mbikusita Lewanika, newly appointed Managing Director of TAZARA, the Tanzania-Zambia railway, talks about the company's current situation, its development strategy and the role of the...
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