From IPP Media, Dar es Salaam
By Patrick Kisembo
The National Investment Company Ltd (NICO) has injected a total of 5bn/- in a fish processing facility in Mwanza Region.
This was revealed yesterday in Dar es Salaam by the company`s board chairman, Felix Mosha, when briefing journalists on the company`s plans to sell more shares to Tanzanians.
He said the fish processing factory, due to start production next February, was the second big investment by the company after the National Microfinance Bank (NMB).
Read more:
http://www.ippmedia.com/ipp/guardian/2008/01/30/107326.html
Wednesday, 30 January 2008
Tuesday, 29 January 2008
SPORTS NEWS: IDD, Machupa Win Stars Call
From The Citizen, Dar es Salaam
By Majuto Omary
Young African's troubled midfielder Athumani Idd and Simba's striker Athumani Machupa, have been recalled by head coach Marcio Maximo to rejoin Taifa Stars.
Maximo is expected to unveil the Stars squad that will re-assemble for an international friendly against Malawi to be played at the National Stadium in Dar es Salaam on February 6.
Idd and machupa will be among the 30 players expected to be named in Maximo's line up this morning. Idd was axed from Stars squad as a result of a absurd finger gesture to Simba fans during last year's Tusker Cup championship at CCM Kirumba Stadium in Mwanza.
Read more:
http://allafrica.com/stories/200801290625.html
By Majuto Omary
Young African's troubled midfielder Athumani Idd and Simba's striker Athumani Machupa, have been recalled by head coach Marcio Maximo to rejoin Taifa Stars.
Maximo is expected to unveil the Stars squad that will re-assemble for an international friendly against Malawi to be played at the National Stadium in Dar es Salaam on February 6.
Idd and machupa will be among the 30 players expected to be named in Maximo's line up this morning. Idd was axed from Stars squad as a result of a absurd finger gesture to Simba fans during last year's Tusker Cup championship at CCM Kirumba Stadium in Mwanza.
Read more:
http://allafrica.com/stories/200801290625.html
Budget Community Air Launches in TZ
From East African Business Week, Kampala, Uganda
A new air cargo and passenger service operator in the Tanzanian skies, Community Airlines, has been established "purposely for stimulating a new market in the country which has not yet been fully tapped."
Speaking to East African Business Week last week in Dar es Salaam, Mr. Paul Chizi, the airline's Chief Executive Officer, said the company is owned entirely by local shareholders.
"The name Community Airlines was adopted as a reflection of the Tanzanian community - which means it is a true people's choice, because of its specialized services and operations," Chizi said.
"It also symbolizes its fares structure and services, which are both competitive and affordable for members of the Tanzanian community whatever their economic capability."
The airline's single fare from Dar es Salaam to Kilimanjaro Airport is Tsh 49,000, and Dar es Salaam - Mwanza: Tsh 69,000 - including taxes.
Read more:
http://allafrica.com/stories/200801281177.html
A new air cargo and passenger service operator in the Tanzanian skies, Community Airlines, has been established "purposely for stimulating a new market in the country which has not yet been fully tapped."
Speaking to East African Business Week last week in Dar es Salaam, Mr. Paul Chizi, the airline's Chief Executive Officer, said the company is owned entirely by local shareholders.
"The name Community Airlines was adopted as a reflection of the Tanzanian community - which means it is a true people's choice, because of its specialized services and operations," Chizi said.
"It also symbolizes its fares structure and services, which are both competitive and affordable for members of the Tanzanian community whatever their economic capability."
The airline's single fare from Dar es Salaam to Kilimanjaro Airport is Tsh 49,000, and Dar es Salaam - Mwanza: Tsh 69,000 - including taxes.
Read more:
http://allafrica.com/stories/200801281177.html
Costs of Switching to Dar Port
From East African Business Week, Kampala, Uganda
By Joyce Mirembe
After four weeks of unrest in Kenya, Ugandan importers and exporters are increasingly turning to Dar es Salaam port as an alternative to Mombasa port; but how much more will it cost one to transport raw materials, finished merchandise or containers of coffee from Dar es Salaam to Kampala?
Well for starters, the distance to Dar es Salaam is much longer than the one to Mombasa. Logistically, it is much more expensive as part of the journey is across Lake Victoria between Mwanza in northern Tanzania and Port Bell near Kampala.
Read more:
http://allafrica.com/stories/200801281112.html
By Joyce Mirembe
After four weeks of unrest in Kenya, Ugandan importers and exporters are increasingly turning to Dar es Salaam port as an alternative to Mombasa port; but how much more will it cost one to transport raw materials, finished merchandise or containers of coffee from Dar es Salaam to Kampala?
Well for starters, the distance to Dar es Salaam is much longer than the one to Mombasa. Logistically, it is much more expensive as part of the journey is across Lake Victoria between Mwanza in northern Tanzania and Port Bell near Kampala.
Read more:
http://allafrica.com/stories/200801281112.html
Monday, 28 January 2008
Tanzania to build 13 EPZs to export goods to neighbouring countries
From The East African, Nairobi, Kenya
By MOHAMED ISSA MOHAMED
Tanzania will set up 13 Export Processing Zones close to border areas to help its business community access markets in neighbouring countries.
The new initiative seeks to export canned fish and beef, juices, leather items, soft drinks, mineral products, furniture, textiles and garments to the region by 2010.
The focus will be on Kenya, Malawi, Zambia, Mozambique, Burundi, Rwanda, Uganda and the Democratic Republic of Congo.
Although the concept of duty-free EPZs has not done well in the region, with such ventures failing in Kenya and Uganda, the Tanzanian government has set aside a total of 2,000 hectares in regions such as Coast, Arusha, Kilimanjaro, Morogoro, Mara, Mtwara, Kigoma, Mbeya, Kagera, Ruvuma, Lindi, Tanga and Mwanza for the purpose.
Read more:
http://www.nationmedia.com/eastafrican/current/Business/biz28012008.htm
By MOHAMED ISSA MOHAMED
Tanzania will set up 13 Export Processing Zones close to border areas to help its business community access markets in neighbouring countries.
The new initiative seeks to export canned fish and beef, juices, leather items, soft drinks, mineral products, furniture, textiles and garments to the region by 2010.
The focus will be on Kenya, Malawi, Zambia, Mozambique, Burundi, Rwanda, Uganda and the Democratic Republic of Congo.
Although the concept of duty-free EPZs has not done well in the region, with such ventures failing in Kenya and Uganda, the Tanzanian government has set aside a total of 2,000 hectares in regions such as Coast, Arusha, Kilimanjaro, Morogoro, Mara, Mtwara, Kigoma, Mbeya, Kagera, Ruvuma, Lindi, Tanga and Mwanza for the purpose.
Read more:
http://www.nationmedia.com/eastafrican/current/Business/biz28012008.htm
EAC urged to promote free trade
From The New Vision, Kampala, Uganda
By Milton Olupot
THE secretary-general of the East African Community, Juma Mwapachu, has urged the immigration departments, the police and the revenue authorities in the member-states to promote cross-border trade and free movement in the region.
Mwapachu was speaking during a tour of the Tanzanian border towns of Bukoba, Mutukula and Mwanza a recent statement from the Arusha-based EAC Directorate of Public Affairs said.
Read more:
http://www.newvision.co.ug/D/8/13/608703
By Milton Olupot
THE secretary-general of the East African Community, Juma Mwapachu, has urged the immigration departments, the police and the revenue authorities in the member-states to promote cross-border trade and free movement in the region.
Mwapachu was speaking during a tour of the Tanzanian border towns of Bukoba, Mutukula and Mwanza a recent statement from the Arusha-based EAC Directorate of Public Affairs said.
Read more:
http://www.newvision.co.ug/D/8/13/608703
Friday, 25 January 2008
Burundi: Head of State Makes a Brief Visit to Tanzania
From Burundi Réalités, Bujumbura, Burundi
Burundi's head of state, Pierre Nkurunziza, visited Tanzania for a few hours today.
He met the Tanzanian president, Jakaya Mrisho Kikwete, in the northern city of Mwanza. Their talks focussed on the PALIPEHUTU-FNL movement, the use of the Tanzanian port of Dar es Salaam in the transport of goods and foodstuffs headed for Burundi and the repatriation of Burundian refugees. President Kikwete called on the leaders of PALIPEHUTU-FNL to stop fighting and return to the peace process.
The two presidents expressed their hopes that the crisis in Kenya, which has already impacted the economies neighbouring countries, may soon come to an end with the help of regional and African facilitators. They also agreed that ministers in charge of trade from the two countries will soon meet in order reach trade agreements.
Read more:
http://allafrica.com/stories/200801250210.html
Burundi's head of state, Pierre Nkurunziza, visited Tanzania for a few hours today.
He met the Tanzanian president, Jakaya Mrisho Kikwete, in the northern city of Mwanza. Their talks focussed on the PALIPEHUTU-FNL movement, the use of the Tanzanian port of Dar es Salaam in the transport of goods and foodstuffs headed for Burundi and the repatriation of Burundian refugees. President Kikwete called on the leaders of PALIPEHUTU-FNL to stop fighting and return to the peace process.
The two presidents expressed their hopes that the crisis in Kenya, which has already impacted the economies neighbouring countries, may soon come to an end with the help of regional and African facilitators. They also agreed that ministers in charge of trade from the two countries will soon meet in order reach trade agreements.
Read more:
http://allafrica.com/stories/200801250210.html
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