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IMPORTED cement is nowhere to be seen in the market after being pushed out by enhanced competition among local producers in new findings that raise doubts on the authenticity of claims of influx of imported products by local cement makers.

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AS preparations for moving the governments to Dodoma heat up, commercial banks have been advised to open and expand braches in the designated capital, purposely to offer quality and reliable services to hundreds of workers who are set to relocate.

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LOW income earners cannot afford to own houses due to high interest rates and inadequate supply of affordable housing despite registering 4.2 per cent sector’s growth in the first quarter 2016 compared to only one per cent of the previous quarter.

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AIRTEL Tanzania has paid back another quarterly Airtel Money profit share amounting to 3bn/- to its money customers in the country including the super and retail agents.

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LOCAL airlines are giving priority to nationals in recruitments of pilots and other aviation works as they brace for intense competition expected with the revival of state-owned national carrier.

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DESPITE challenges of overcapacity and cheap imports in the local market, cement makers are optimistic about the future prospects of the sector which have been brightened by continuing construction boom.

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Hotels at the Kenyan Coast are increasingly losing to Zanzibar international visitors who arrive by charter flights.

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TANZANIA Share Index, analysing local listed stocks trends on Dar es Salaam Stock Exchange, has made an abrupt u-turn rallying to almost eight months high.

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BANKING and telecom professionals will be meeting in Dar es Salaam this week to learn the way to grasp the meaning of data they deal with in order to turn their valuable insights into great business decisions.

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SEVEN-YEAR treasury bonds has failed to capture investors’ attention as tight liquidity continues to haunt the market ending up undersubscribed.

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CRDB Bank rating has automatically raised the banking sector bar to a new height and credited the Bank of Tanzania’s for efforts to supervise the industry accordingly.

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NINE Tanzania’s companies are slated to take part in the 48th Swaziland International Trade Fair (SITF) scheduled for August 26 and September 5, this year, in Manzini City.

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AIRTEL Tanzania has announced the launch of its road show for Timiza Agents set to take place in 5 cities across Tanzania.

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NATIONAL Microfinance Bank (NMB) has met with emerging and large corporates from Eastern Zone to foster business relationship and explore opportunities through training, capacity building and networking.

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PADDY production in Dakawa Ward in Mvomero District, Morogoro Region has almost tripled, following the financial support extended to producers under the Private Agricultural Sector Support’s (PASS) guarantee.

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TANZANIA Breweries Limited will invest 27bn/- to support farmers to boost production of local raw materials for beer, wine and spirits making.

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FARMERs in the country have been advised to make use of advices offered by extension officers and other business experts so that they can produce specific crops in line with needs of the market.

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JUBILEE Insurance Company has launched a special health insurance product that enables the outpatients to get treatment without annual cost limit.

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THE government is studying possibilities of constructing an oil trading hub in Tanga to supply fuel to East and Central Africa, adding to the region’s blessings after it was chosen for the proposed Uganda crude oil export pipeline this year.

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FASTJET Airline Company said it has prioritised to employ Tanzanian aviation staff, giving local pilots more chance to fly its aircrafts.

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THE government has issued a notice of intention to impose a total ban on plastic bags by the 1st of January next year in another sign that it is determined to enforce the law enacted in 2013 to that effect.

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THE government plans to put new tyre plant that deploys modern technology in order to meet the present market demands and standards.

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TANZANIA has emerged first in the list of top ten countries that have recorded a largest percentage of growth in tourist bookings worldwide this year.

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CRDB Bank has received a favourable rating from global credit research firm, Moody’s in its maiden rating of a Tanzanian bank, boosting the lender’s profile in international platform.

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THE Tanzania Investment Centre (TIC) eyes to increase the country’s foreign investments from the current 2.1 billion US dollars to 5.0 billion US dollars in the coming years to increase jobs and trade opportunities and boost growth.

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THE Minister for Industry, Trade and Investment, Charles Mwijage, has advised local cement producers to present their complaints to the government to be looked at as they are committed to sort out constraints in doing businesses.

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TANZANIAN shilling has remained stable as pressure eases, thanks to an increase of inflows from agriculture and slowdown in demand for US dollars.

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AIRTEL Tanzania and Vocational Education and Training Authority (VETA) have launched Vsomo vocational training programme in Arusha Region, the programme that continues to attract many youth.

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HALOTEL Tanzania has introduced a special new package, ‘Closed User Group’, which provides free calling minutes everyday to the public servants aimed to ease communications.

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MKOMBOZIi Commercial Bank has partnered with the National Health Insurance Fund (NHIF) to offer loan facility to small entrepreneurs involved in food vending, tailoring, carpentry, shop keeping, groceries and farming.

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TOURISTS visiting national parks do not need to walk with cash for making payment as now they could do so electronically.

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EDENVILLE Energy has welcomed the government move to ban coal import as an impetus in boosting local production.

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MINISTER for Works, Transport and Communications, Prof Makame Mbarawa has assured development stakeholders that the fifth phase government will always receive advises and set strategies to resolve challenge so that it could achieve its goals to become a middle economy country by 2025.

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