African Business News

Tanzania: DHL to Facilitate Trade Growth in Tanzania, Africa

THE Vice President Dr Mohamed Gharib Bilal is expected to inaugurate the DHL House, the company’s courier and transit facility, at the Julius Nyerere International Airport, in Dar es Salaam on Friday.

DHL Express Tanzania Managing Director Blaise De Souza said the modern courier and transit facility,

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Tanzania: TPA Receives New Fleet of Mobile Cranes

THE Port of Dar es Salaam has received four new state-of-the-art mobile cranes ‘Gottwald’ from Germany expecting to improve the day to day operations.

The new machines, worth 2.6 million Euros (about 5.2bn/-) each, have been received at a right time and are expected to enhance quality customer service at the port.

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Sata Orders Zesco…Develop More Hydro-Power Stations

PRESIDENT Michael Sata has directed Zesco to develop more hydro-power stations around Zambia to meet the increasing power demand.

Mr Sata said Zambia was faced with increased power demand, which required more investment in energy infrastructure.

The President said this in Chinsali yesterday when he commissioned the US$4.1 million Shiwan’gandu mini-hydro-power station.

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Trading Drift Between Dar es Salaam, Istanbul Improves

TANZANIA ought to take advantage of existing bilateral relations with Turkey, to double trading activities among the two countries.

The Minister for Industries and Trade, Dr Abdallah Kigoda, said in Dares Salaam that the growing volume of trade between the two countries has increased exorbitantly from 12.3 million US dollars in 2005 to 196 million US dollars last year, thanks to the Trade Agreements signed in 2010.

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