Search Results for: Tanzania

BY ANDY HOLDER

THE INTERNATIONAL gold market may be relatively small, but the metal’s rapid rise in price in the past 18 months to over US dollars USD1,400/oz(up from USD900) has given fraudsters the opportunity they need to tempt investors with some pretty audacious offers to join the ‘gold bug’ club.…

BY DEIRDRE MASON

SALES of new cars are still holding up surprisingly well despite the global downturn, but within a few years of their purchase, how many of them will be running on retread tyres?

The signs are that the market for retread and recycled tyres will grow, as world demand for rubber grows, particularly in China.…

BY MOHAMMED YUSUF

Aga Khan University plans major new Tanzania campus

Mohammed Yusuf

The Aga Khan University – the Pakistan-based international multi-site higher-education institution – is planning to open a new campus in Arusha, Tanzania. The campus would house an arts and science faculties and educate up to 3,000 students from across east Africa.…

BY KEITH NUTHALL

SIGNIFICANT benefits to tobacco and tobacco product companies will present themselves if a deal on the long-running Doha Development Round is clinched next year at the World Trade Organisation (WTO). And some diplomats at the WTO’s base in Geneva are asking if agreement is not reached next year, whether the current negotiations will be scrapped.…

BY KEITH NUTHALL

THE WORLD Bank is planning to sink US dollars USD57.5 million into three Tanzania regional airports: Bukoba, Kigoma and Tabora. The financing will be managed by the Tanzanian Airports Authority (TAA), which will itself be spending USD11.7 million on these projects.…

BY WACHIRA KIGOTHO

TO say Somalia is a mixed bag for the tobacco industry is an understatement. On the one hand, there is a very weak formal government, whose writ does not run in much of the country. So no public place smoking bans, advertising restrictions and ingredient controls to worry about in this east African country: tobacco is sold freely through a thriving private sector.…

BY KEITH NUTHALL

THE WORLD Bank has predicted "biofuels is unlikely to become a new source of growth for the cotton oil market". The verdict comes in a report analysing cotton by-product industries in Uganda, Tanzania, Benin, and Burkina Faso. The bank says other oils are likely to meet "the recent surge in demand for commodities used as feedstocks for biofuels".…

BY WACHIRA KIGOTHO

EAST Africa is developing as an important source of biofuels and biofuel feedstock, with governments keen to attract foreign direct investment for this potentially strategic rural development option.

Ethiopia, Kenya, Mozambique, Sudan, and Tanzania are countries where foreign companies are competing to acquire land for biofuel projects.…

BY AHMAD PATHONI, ALYSHAH HASHAM, MARK ROWE and KEITH NUTHALL

GIVEN the constant flow of news about tougher tobacco industry regulations from all continents, tobacco executives could be forgiven for thinking there are no countries where they have a relative free hand to sell their products.…

BY BILL CORCORAN and ALAN OSBORN

IT is now some five years since a group of London-based multinationals, among them British American Tobacco (BAT), set up a group aimed at improving the conditions for doing business with and through Africa – named the Business Action for Improving Customs Administration in Africa (BAFICAA) initiative.…