Tanzania Business News

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Tanzania Business News

Business and investment news from Tanzania, updated daily.

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Tanzania Tourism Sector

Interview with Devota Mdachi, Ag. Managing Director Of The Tanzania Tourism Board (TTB)

TanzaniaInvest interviewed Devota Mdachi, Acting Managing Director of the Tanzania Tourist Board (TTB), to learn about the Tanzania tourism products, the marketing strategy and the investment opportunities available in this

Tanzania Agriculture

Tanzania To Implement Climate-Smart Farming Techniques To Boost Agriculture Sector

Tanzania’s Ministry of Agriculture, Food Security and Cooperatives has recently announced that it will soon release the Climate-Smart Agriculture Guidelines program on the Ministry’s website, meant to improve smallholders’ farming

Tanzania Industry

Chinese Heavy Duty Machinery Group Launches New Distribution Facility In Tanzanian Export Processing Zone And Aims At Local Manufacturing

AVIC-SHANTUI Tanzania Limited (SHANTUI), a Chinese company involved with manufacturing and commercializion of heavy duty machinery and equipment, has recently launched a distribution facility at Benjamin William Mkapa Export Processing

Tanzania Transport Sector

Tanzania-Zambia Railway Tazara Receives 4 News Locomotives And 18 Wagons From China To Improve Service

The Tanzania Zambia Railway Authority (TAZARA) has recently received four new mainline locomotives and eighteen passenger wagons worth USD 22.4 million from China South Locomotive & Rolling Stock Corporation QISHUYAN

Tanzania Energy Sector

Mnazi Bay Exploration Partners Receive First USD 3.8 Million Payment For Gas Sales To Tanzania Transnational Pipeline

Wentworth Resources Limited (OSE:WRL), a Norwegian energy company focused in Tanzania and Mozambique, has recently announced that a first gross payment of USD 3.8 million has been received from Tanzania

Tanzania Insurance Sector

Sanlam Group To Develop Tanzania Insurance Industry With NIKO Rebranding

Sanlam Group (JSE:SLM), a South Africa based provider of life and general insurance and financial services with focus on emerging markets, has recently announced the rebranding of NIKO Insurance Tanzania

Tanzania Capital Markets

Dar es Salaam Stock Exchange Weekly Report: November 16th – 20th, 2015

According to CORE Securities Dar es Salaam Stock Exchange (DSE) Weekly Market Report for the week ended Friday November 20th 2015, the market total turnover was TZS 4,288,383,900.

Tanzania Energy Sector

Dutch Company To Extend Solar Power Micro-Grids In Rural Tanzania

Developing Energy (Devergy), a Netherlands-based developer of solar power micro-grids, has recently received an investment from three global institutions to develop, implement and test high efficient, reliable and affordable solar

Tanzania Trade

Tanzania Undertakes Second Diagnostic Trade Integration Study To Boost Trade Sector

The Tanzanian Ministry of Industry and Trade (MIT) has recently met with representatives from the World Bank (WB), business associations, civil society, and development partners to conduct the second Diagnostic

Tanzania Banking Sector

Ecobank Tanzania Celebrates Its Anniversary By Renovating Ligula Hospital Children’s Ward

On November 14th, 2015, Ecobank, the leading independent pan-African banking with a presence in 36 African countries, celebrated its 27 years of operations through social initiatives aimed at improving the