A new industrial park in Uasin Gishu is all set to be game-changer in the economic fortunes of the region. The African Zones Pearl River Industrial Park (AEZ) will be a part of the country’s development plans and is worth a whopping Sh200 billion. Dr David Langat,the chairman of the park weighed in saying that the region will now earn more from the agriculture value chain. He also added saying that landowners and farmers in Uasin Gishu,.... Read more »

Posted on : Wednesday , 18th April 2018

 Africa’s largest cement company, Dangote Cement Plc has stepped up their efforts for the economic emancipation of Africa by opening a cement plant in Mfila Congo Brazzaville. The plant will be equipped with a production capacity of 1.5 million tonnes per annum.   This new plant is valued at $300 million and will employ as many as 1000 employees directly and many more thousands indirectly. President Sassou Nguesso inaugurated.... Read more »

Posted on : Friday , 12th January 2018

 Siemens will be investing R5.5 million towards industrial automation and equipment for higher education institutes in Nigeria, Tanzania, Ghana, South Africa and Kenya.   Sabine Dall’Omo, CEO of Siemens Southern and Eastern Africa said in an official statement. The company’s newest investments will go towards aiding the development of locally engineered solutions. “In an African context, disruptive technology can be.... Read more »

Posted on : Wednesday , 18th April 2018

 Tharisa Minerals’ operations in the South-western region of South Africa for excavating platinum have received a boost as it has overseen an improvement in its mill circuit production performance by an impressive 36 percent. Tharisa Minerals managed to achieve this by replacing its cyclones with Cavex hydroclones from industrial equipment supplier, Weir Minerals Africa. The Cavex hydrocyclones have enabled the mine to recover 98 oz.... Read more »

Posted on : Friday , 12th January 2018

Siemens announced that they invested R5.5 million in industrial automation equipment for higher learning institutions in South Africa, Nigeria, Tanzania, Ghana and Kenya. CEO of Siemens Southern and Eastern Africa, Sabine Dall'Omo said in a statement that the company's latest investment intends to aid the development of locally engineered solutions. "In an African context, disruptive technology can be seen as an opportunity to leapfrog.... Read more »

Posted on : Monday , 27th November 2017

 THE government through its industrial development and promotion organization National Development Corporation (NDC) has started to revive the once defunct Kilimanjaro Machine Tools Company (KMT) for the manufacture of machines.   The KMT General Manager, Eng Adrian Nyaluke, said at the ongoing Dar es Salaam International Trade Fair (DITF) manufacturing activities started this year accounting to 10 per cent of the total industry.... Read more »

Posted on : Wednesday , 19th July 2017

 Japan’s Kansai Paint has agreed to buy three east African paint companies to tap into one of the world’s fastest-growing regions as part of its global expansion.   The company’s South African subsidiary Kansai Plascon Africa is to acquire Sadolin Kenya, Sadolin Uganda and Sadolin Tanzania, although it would not reveal how much the deal would be worth. But people with knowledge of the purchases said it was the.... Read more »

Posted on : Wednesday , 19th July 2017

Thousands of global and local buyers and sellers will gather in Tanzania to meet Industrial experts at the 19th IndusMach Tanzania 2017, which opens at The Mlimani Conference Center this August. More than 105 exhibitors will present their latest products and production capabilities to buyers from Europe, the United States, Asia and the Middle East at Africa’s Mega Industrial Tools, Equipment and Machinery trade exhibition. The event,.... Read more »

Posted on : Tuesday , 13th June 2017

As the fifth phase government's industrialization drive rolls on, the government is now lobbying the media fraternity across the country to carry it as a national agenda.   The Minister for Information, Culture, Arts and Sports, Mr Nape Nnauye, yesterday asked senior writers, editors and owners of various media outlets to explore possibilities of establishing special desks in their newsrooms that would exclusively address and publish.... Read more »

Posted on : Thursday , 9th March 2017

Dar es Salaam — Tanzania expects nearly 1,000 Chinese extra-large investors promising to invest in a special economic zone including textile, manufacturing, fishing, mining and agriculture across the board following mutual bilateral relations between the two countries.   "Massive investments will come from large scale Chinese investors eyeing to invest in those sectors to boost the country's financial income through Direct.... Read more »

Posted on : Wednesday , 8th February 2017

The government has called on the Local Authorities Pension Funds (LAPF) to embark on investment activities with huge impact on creating more jobs and contributing to economic growth.   The Minister of State in the President's Office, (Regional Administration and Local Governments), Mr George Simbachawene, made the call after inaugurating the new LAPF board of directors in Arusha at the weekend.   "It is high time that LAPF.... Read more »

Posted on : Tuesday , 7th February 2017

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from conglomerates with more than 500 employees, to small start-ups with a staff count of 2 to 4 employees.   Expogroup, a pioneer in the trade show.... Read more »

Posted on : Friday , 3rd February 2017