African Markets - Factors to watch on March 103/10/2010 6:03:54 AM +00:00
March 10 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday.

Railways to Lay Off 1,000 Employees3/10/2010 12:10:56 AM +00:00
Tanzania Railways (TRL) has announced it wants to lay off all staff estimated at over 1,000 for the next six months.Tanzania

Mastermind of U.S. Embassy Attacks Takes over Militia Group - Reports3/9/2010 11:45:13 PM +00:00
The man who masterminded the 1998 terrorist attacks on US embassies in Nairobi and Dar es Salaam is believed to have taken over the leadership of al-Shabaab in war-torn Somalia, Kenyan counter-terrorism officials say.

Stockler Picks U-20 Squad3/9/2010 9:14:19 PM +00:00
NATIONAL youth coach, Rodrigo Stockler has expressed confidence over Tanzania's chances of excelling in the forthcoming African U-20 championship qualifiers due to kick off from next month.

ICT Stakeholders Call for Better Customer Care Services3/9/2010 9:14:17 PM +00:00
INFORMATION Communication Technology (ICT) stakeholders in the country have called for better customer care services if the sector is to effectively compete and turn Tanzania into a knowledge- based society.

Selfina Provides Around 7 Billion Loans to Women3/9/2010 9:14:16 PM +00:00
SERO Lease and Finance (SELFINA), since its inception eight years ago, had so far economically empowered more than 8,000 women with a total credit of about 7bn/-.

Canadian Firms Get Partnership Opportunities3/9/2010 9:14:15 PM +00:00
THE search for partnership with Tanzanian companies by business institutions from Canada had stepped up following a mission of an Ontario trade delegation to the region.20100309 publisher_headline Canadian Firms Get Partnership Opportunities aa_headline publisher Tanzania Daily News publisher_location Dar es Salaam reporter dateline Dar Es Salaam rank    ( + / - ) 3 kind_of_story news

Coffee Board to Set Minimum Price for Buyers3/9/2010 9:14:14 PM +00:00
TANZANIA Coffee Board (TCB) will this year introduce an indicative price system to enable farmers fetch competitive prices and curb illegal smuggling of the cash crop to the neighbouring countries.

Manufactured Exports Decline 2 Percent in 20093/9/2010 9:14:11 PM +00:00
TANZANIA'S export of goods went down by 2.0 per cent to USD 2,634 million, largely due to a decrease in manufactured exports during the year ending December 2009.

Simba, Ocean View Clash Today3/9/2010 10:41:01 AM +00:00
PREMIER League leaders, Simba will today host Zanzibar Ocean View in a friendly match at the Uhuru Stadium in Dar es Salaam.

Junior Tennis Players for a Fund-Raising Meet3/9/2010 9:44:51 AM +00:00
JUNIOR tennis athletes from Dar es Salaam and Arusha are expected to participate in a fund-raising open tennis tournament, kicking off this Saturday at the Dar es Salaam Gymkhana Club.

Beggars Say 'Show How We May Become Self-Reliant'3/9/2010 9:44:50 AM +00:00
BEGGARS in Dar es Salaam are willing to move out of the streets and have appealed to government and other stakeholders to financially empower them with vocational and sustainable business skills in order to become self-reliant.

League in Cut-Throat Climax3/9/2010 9:44:48 AM +00:00
AS the 2009/2010 premier league season treads in its final stages and the tussle for top two spot is over, interesting battle remains at the bottom of the table where teams are fighting bitterly to avoid relegation.

FCC Has Limited Authority Over Complaints3/9/2010 9:44:47 AM +00:00
THE Fair Competition Commission (FCC) is yet to be given authority to settle controversial issues involving contracts and agreements in various business transactions, according to the deputy Director General, Mr Gregory Ndanu.

Arusha University for Zain Africa Challenge3/9/2010 9:44:45 AM +00:00
FIRST time participants, Arusha University hoisted Tanzanian's flag in the ongoing battle of brains, the Zain Africa Challenge, the inter-university competition aired on Sunday through TBC1.

EXIM to Continue Support Kilimanjaro Marathon3/9/2010 9:44:45 AM +00:00
EXIM Bank, one of the annual Kilimanjaro Marathon co-sponsors, is set to continue supporting the popular event in the country.

TAA Gets New Chairman3/9/2010 9:44:43 AM +00:00
THE Annual General meeting of the Tanzania Association of Accountants (TAA) has elected Mr Oswald Urassa of the National Microfinance Bank (NMB), as the new Chairman of the association for a two-year term.

BoA Spends 8 Billion On Agricultural Sector3/9/2010 9:44:41 AM +00:00
THE Bank of Africa (BoA) has spent more than 8bn/- to boost the agricultural sector in the country.

DIARY - East Africa3/9/2010 9:10:41 AM +00:00
This diary is updated weekly, and new or updated items are marked with an asterisk.

UPDATE 2-FirstRand sees corporate bad debts peaking by July3/9/2010 8:42:57 AM +00:00
(Adds CEO and analyst comments, share price, details)

African Markets - Factors to watch on March 93/9/2010 5:43:09 AM +00:00
March 9 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.

Company's Snub Puts Spotlight on Capital Controls3/8/2010 1:50:52 PM +00:00
The decision by Barrick Gold to snub Tanzania 's capital market to raise money for its local operations has whipped up a groundswell of nationalistic sentiment.

What Lessons From Development Bank's Legal Drama in Dar?3/8/2010 1:50:48 PM +00:00
On the last day of August 2005, a Tanzanian arbitrator awarded a Tanzanian transport company known as Blueline Enterprises Ltd damages in the sum of $61,386,853 against the East African Development Bank.

Thandiswa Electrifies with Eccentric Sound at Dar's Double Tree3/8/2010 1:50:39 PM +00:00
For those of us who weren't able to make it to the seventh edition of the Sauti za Busara music festival in Zanzibar in February, Bohemia organised a fantastic mini-festival on Valentine's Day at the Double Tree Hotel, featuring three of the festival's popular participants - Tanzania's own Sauda, the soulful Kenyan Maia von Lekow and South African favourite Thandiswa Mazwai. So I forked out my Tsh40,000 ($22.8) for a Valentine's treat to myself.

Dar Retail Investors Miss Out on Chance to Own Gold Firm3/8/2010 1:41:17 PM +00:00
Many Tanzanian retail investors have probably lost a chance to buy shares in the largest goldmine in the world, after the Tanzania government failed to persuade African Barrick Gold to offload part of its shares on the Dar es Salaam Stock Exchange.

Spice Up Your Holiday3/8/2010 1:41:14 PM +00:00
Not long ago the name Zanzibar would conjure up the heady aroma of spices that centuries ago earned Unguja and Pemba the name of the Spice Islands.

After a Slump, Economy to Grow in 20103/8/2010 1:41:14 PM +00:00
Economic experts predict a real GDP growth of 5.7 per cent in Tanzania this year, compared with 5.0 per cent last year.

Twiga Stars Shine in Ethiopia3/8/2010 1:27:37 PM +00:00
THE national women's team Twiga Stars launched their campaign in the African Women Championship qualifiers on a right foot, after defeating hosts Ethiopia 3-1 in the first leg match here today.

Consultancy Firm to Train Graduates On Self Employment3/8/2010 1:27:36 PM +00:00
DAR ES SALAAM-based Konsalt Business Consultation Company has embarked on a training program to enable final year students in the local higher learning institutions to undertake self employment immediately after graduating.

Clearing Agents Tussle With TRA On Import Fee3/8/2010 1:27:34 PM +00:00
ALL importers of cargo into the Democratic Republic of Congo have to comply with regulations of that country, including paying US$ 80 per container, as destination certificate fee, Tanzania Revenue Authority's Commissioner of Customs and Excise, Mr Walid Juma has said.

State to Compete in EA Rugby Tourney3/8/2010 1:27:33 PM +00:00
TANZANIA'S Twigas will compete in the eighth edition of the regional Rugby Super Series (RSS) set to start next month.

TCA Academy Crowned Regional Twenty/20 Kings3/8/2010 1:27:31 PM +00:00
TANZANIA Cricket Association (TCA) Academy team today emerged new champions of the inaugural Regional Twenty/20 after beating Arusha Green by one wicket in a closely contested final at the TGT ground in Arusha.

Istanbul - Dar Direct Flight to Increase Tourists3/8/2010 1:27:30 PM +00:00
WIDE with a 180-passenger capacity is the Turkish aircraft that is expected to make a maiden flight in Tanzania on June 10.

Simba, Yanga Urged to Recruit Players From Schools3/8/2010 1:27:29 PM +00:00
BIG teams in Dar es Salaam have been urged to get new talents from the Interschool's competitions dubbed the 'Commonwealth Sports Bonanza' held in the city annually. The event is staged every first Monday of March, with an aim of bringing schools together to share sports and have fun.

African Markets - Factors to watch on March 83/8/2010 5:38:11 AM +00:00
March 8 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.

Five killed in attack on Tanzanian wedding3/6/2010 9:37:31 AM +00:00
DAR ES SALAAM, March 6 (Reuters) - Five people were killed when unidentified gunmen raided a wedding party at a village in northern Tanzania, police said on Saturday.

African Markets - Factors to watch on March 53/5/2010 6:24:56 AM +00:00
March 5 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday.

Kenyan bourse approves demutualisation, eyes listing3/4/2010 3:35:05 PM +00:00
* Demutualised Nairobi Securities Exchange expected to list

INTERVIEW-UPDATE 1-Sub-Saharan Africa tobacco output seen flat3/4/2010 2:45:55 PM +00:00
CAPE TOWN, March 4 (Reuters) - Sub-Saharan Africa is expected to produce between 400 million and 450 million kg of tobacco in 2010, similar to 2009 output, a senior industry official said on Thursday.

INTERVIEW-Kenya's Transcentury eyes more investments in 20103/4/2010 12:20:07 PM +00:00
NAIROBI, March 4 (Reuters) - Kenyan investment firm Transcentury plans to invest $100 million-$150 million this year, mainly in the African energy and infrastructure sectors, its chief executive said on Thursday.