Ruby minerals are found in various parts of Tanzania as well as in large quantities in Longido district Arusha region are also found in Tanga region, and Dodoma region. Read more.
Tags : tanzania
President of the United Republic of Tanzania Hon. Samia Suluhu Hassan during her recently tour in Burundi held in July this year it has come to various graces include the construction of the Fertiliser’s factory which under construction at the Nara Industrial Area in Dodoma where construction has reached 35 percent and will cost US $ 180 million and has the potential to produce tons of fertiliser 500,000 per year. Read more.
The latest figures show that the agricultural sector accounts for 29.1 percent of GDP, 65.5 percent of employment for able-bodied Tanzanians, of which about 55 million Tanzanians currently live. Read more
The Monetary Policy Committee (MPC) of the Bank of Tanzania (BOT) met on last month in September 2021 to review the conduct of monetary policy and economic performance in the recent past and the general economic outlook. Read more.
The government has said investment in fish farming will help increase raw materials in the fish processing industry as well as establish new industries. Read more.
The Board of Directors of the African Development Fund a subsidiary of African Development Bank approved a loan of around $116 million to the Tanzanian government to upgrade a 160-km Mnivata-Newala- Masisi road corridor in the southern part of the country. Read more.
The Tanzania Agricultural Development Bank (TADB) has approved a loan of Tzs 435,500,000/= for the establishment of a small cashew processing factory to increase its value. Read more
Mining sector is one of the fastest growing sectors since the leadership of the Fifth Phase Government under President Dr. John Joseph Pombe Magufuli and sent his contribution to GDP rise. Read more.
Minister of Agriculture Prof Adolf Mkenda said this in Mtwara City while addressing cashew nut processing stakeholders at a consultative session and creating a trend to bring 60% cashew nuts to be cracked in Tanzania to find a large market in and out of the country. Read more.
Tanzanian private sector, has revealed plans of investing US$1.1 million in the construction of a dam and setting up irrigation system to boost the output of maize and macadamia nuts production. Read more.
Deputy Minister Ministry of Industry and Trade Hon. Exaud Kigahe said the government's intention is to see all industries in the country produce in large quantities at all times due to the raw materials that make cement available locally.
The government has said it will continue to make various efforts to attract investors from various companies to buy their tobacco products produced in various regions of the country.
