Exports 13% up, trade deficit narrows Fortune Reversal Seen As Economic Scenario Improves In The West
India's exports climbed 13% to $26 billion in August and imports fell marginally as gold imports stalled, helping trim the trade deficit to just under $11 billion and provide much needed support to policymakers battling to shore up the rupee.
A widening trade deficit has been
Why people are rushing to invest in Africa
Amid all of the talk about India and China, one of the biggest potential growth markets in the world is in Africa. A resource boom has meant more investment, and the area is projected to grow rapidly for years to come.
The Comcraft Group is one of the continent's largest
National Housing Corporation to invest US$7.4million in housing
Demand for houses in Tanzania has grown with an average of 200,000 housing units per annum and requires huge investments from both the public and private sectors to construct new units. In efforts to meet the growing demand, the Tanzania National Housing Corporation (NHC) plans to implement
Dar-Chalinze expressway in the Offing
The government has reached an advanced stage in preparation of upgrading the 110km Dar es Salaam-Chalinze Expressway to a six-lane carriage way in an ambitious project aimed at easing traffic on the road leading to the central corridor.
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The Deputy Minister for Works Mr.
