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Diaspora to market Tanzania in US

Published on April 17, 2018
Over 5000 Tanzanian Diaspora is expected to meet in Dallas, Texas USA for three days later this month to market the country. In the meantime, Turkish Airlines has issued two go and return tickets for two journalists from Tanzania to cover the event. The Tanzanian Community in Dallas has once again planned for this year’s to take place in Dallas, Texas on the 27th to 29 of April following a successful event last year. The three-day annual event baptizes Tanzania Day will centre on tourism promotion and business opportunities with ‘A Safari to the Top, soaring to New Heights’ theme. Read more. Source | Daily News
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Kenya, Tanzania border posts ease trade, movement collections

Published on April 12, 2018
Kenya and Tanzania have seen a steady growth in revenue from cross-border trade since the introduction of the one-stop border posts (OSBPs) four years ago. Kenya Revenue Authority’s deputy commissioner for the Southern Region Nicholas Kinoti said that trade volumes have risen, revenue has doubled, and it has become easier to do business across borders. Read more. Source | East African
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Horticultural growers call for support to boost exports

Published on April 11, 2018
Horticultural growers and exporters in the Southern Highlands regions are calling for government support to get a cargo aircraft and storage facilities at Songwe Airport in Mbeya region to facilitate exports of horticultural products. They say a cargo plane and cold storage rooms at the airport would unleash the potential of the horticultural industry in the southern highlands regions and boost social and economic development of the people in the regions through its multiplier effect. Read more. Source | Daily News
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Tanzania to launch Angel Investors Network

Published on March 28, 2018
SSC Capital, a leading Tanzanian financial management firm is scheduled to launch the first Angel Investors Network this coming MayThe launch (10 May) will be held in Dar es Salaam and will be attended by high profile business personnel as well as other professionals. “The network will link promising and game changing startups with angel investors across Tanzania and beyond,” SSC Capital CEO Salum Awadh told The Exchange in an Exclusive Interview.Launch of the Angel Investors Network spells good fortune for Tanzania businesses and especially for startups and those seeking to expand. Read more. Source | The Exchange
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Dar plans irrigation training centre for East Africa

Published on March 21, 2018
Tanzania plans to introduce the first ever center of excellence on irrigation training to serve East African countries. The training centre at Oljoro with exemplary farm and man-made lake, is the brainchild of Arusha Technical College’s (ATC) irrigation engineering department. It was established to devise modern ways of farming that free farmers from extreme reliance on rains. Read more. Source | Daily News
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Eight achievements of EA trade hub project revealed

Published on March 20, 2018
Tanzania Private Sector Foundation (TPSF) has highlighted 8 achievements it recorded during the implementation of a yearlong East Africa Trade Hub project in facilitation towards compliance with the region common market protocol. Among other achievements, the project succeeded to re-open rice markets for small holder farmers in Rwanda and Uganda, this was after eliminating the 75 per cent common external tariffs. Read more. Source | The Citizen
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Tanzania merges agencies to ease cost of doing business

Published on March 20, 2018
Tanzania is planning to merge three investment bodies to attract foreign direct investment and spur industrialisation. The government has endorsed a proposal to merge the National Development Corporation (NDC), Tanzania Investment Centre (TIC) and Economic Processing Zone Authority (EPZA) to make it easy for investors to set up shop in the country. Read more. Source | East African
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East Africa defies odds, tops economic growth in Africa

Published on March 20, 2018
East Africa recorded the continent’s best economic performance in 2017, with a GDP growth of 5.9 per cent — above the continental average of 3.6 per cent. This growth was achieved in a year that saw the region’s economic fortunes dip, as several companies keen to lower costs and post profits turned to staff cuts. Read more. Source | East African
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