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China to invest USD 1 Billion in upgrading the Tanzania-Zambia Railway
The Tanzania-Zambia railway is an important economic corridor linking two countries in the Southern Africa precinct
Volkswagen inks agreement with Egypt to establish joint automotive painting facility in Cairo
Egypt's Automotive Industry Development Program plans to increase vehicle production volume, attract investment and improve emission standards in the automotive sector.
NMB tops the list of ten profit-making banks in Tanzania with CRDB taking second position
NMB Bank and the CRDB bank, seem to play in a league of their own, with their combined profits accounting for 62 percent of the total profits of the Top 10 most profitable banks in Tanzania.
Made in Germany: Tanzania imports more from Berlin than what Dar-es-Salaam exports there
President Samia Suluhu Hassan on the other hand, wants to see more German tourists coming to Tanzania in sync with Berlin’s ongoing efforts to assist conservation programs here.
China expresses interest to run the Tanzania-Zambia Railway
Beijing may be looking to ferry and export copper shipments more efficiently via the Tanzania-Zambia (TAZARA) infrastructure through the Dar es Salaam port by taking over the railway line
Africa’s Automotive Manufacturing Industry to Produce 5 Million Vehicles annually by 2035
At the moment, the automotive industry on the continent produces an average of 1.1 million cars per year
India versus Tanzania balance of Trade is Worlds Apart
The main products that India usually exports to Tanzania are Refined Petroleum, Packaged Medicaments and Motorcycles and cycles.
President Samia Visit to New Delhi: Tanzania and India inks 15 new agreements in cooperation.
India is meanwhile expressing interest to establish a sizable industrial park in the outskirts of Dar es Salaam.
New ‘Olduvai Gorge’ Boeing 737-9 Max makes maiden trip from Dar to Delhi
The latest Series 9 of the Boeing 737 MAX aircraft happens to be the fourth generation of the Boeing 737, the narrow-body airliners.
Money laundering rackets cost Tanzania USD 1.5 Billion every year
It has also been observed that 90 percent of the monetary foreign aid being pumped into the country gets siphoned out again through illegal streaming