African Business News

The Nigerian crude market remains strong

Nigeria's Crude gets best supply since 2014 and this enables the Nigerian crude market to stay sturdy, with sellers feeling assured enough to supply fair light-weight and Qua Iboe around their highest in over four years, whereas Angola continued to trade at a brisk clip.


Implementation of Reliable Water Service to 16 villages in Tanzania

CHRONIC water shortage in 16 villages of Chamwino District will soon be a thing of the past after the government teaming up with Innovation Africa, a nonprofit organisation, carries out implementation of a number of water projects in the area.


Foreign investors to promote Dar es Salaam Stock Exchange (DSE) activities

The DSE report has shown that foreign investors injected ninety five.3 per cent of the full worth of shares whereas their native counterparts bought solely four.7 per cent of the worth of bought shares.


Reduced price of petroleum products pushed down taxi fares in Dar e Salaam

Energy and Water Utilities Regulatory Authority (EWURA) declared fuel price cut based on droping of global prices. It has been reported that for Dar e Salaam, petrol price dropped by 141/- per liter, diesel 212/- per liter and kerosene by 167/- a liter.


This reduced prices of petroleum products has also reduced the taxi fares in some parts of Dar e Salaam city.


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