MPs decry unfair Dar es Salaam-EU trade terms Full Story... Call for Sullivan Summit Trade Fair The government should organize a grand trade fair at the Nane Nane grounds to run in sync with the Leon Sullivan Summit slated for June this year. Mr. Urassa, Chairman of the Tanzania Agricultural Society Northern Zone, told reporters that the nation could benefit tremendously if the more than 3,000 delegates to the summit are exposed to what is produced in the country and existing trade opportunities. Full Story... Harmonize Trade Policies Trade ministers have come close to agreeing on a way out of differences arising from member states belonging to different trading blocs - Tanzania' subscription to the Southern Africa Development Community (SADC) while its EAC partners Kenya and Uganda are in the Comesa bloc. Full Story... Country to Benefit From Kenya's Tragedy The current delays at the port of Mombasa and disruption of transport along the Northern Corridor in Kenya will see Tanzania become an alternative trade route for the landlocked countries of Uganda, Rwanda, Burundi and the Democratic Republic of Congo. Full Story... SIDO, Tanesco project targets rural wealth creation sectors The Small Industries Development Organisation (SIDO), in collaboration with the Tanzania Electric Supply Company Limited (Tanesco), has initiated a project to alleviate poverty in rural areas. The project called Tanzania Renewable Energy and Energy Efficiency Project to Sustain Poverty Alleviation (TREESPA) targets on developing rural wealth creating sectors by identifying and specifying their top priority energy services. Full Story... Doing business in Tanzania improving but more ought to be done The year 2008 Doing Business report has painted Tanzania positively, amid criticism that there was still room for improvement.
The report indicates that Tanzania has improved from previous year�s performance by 20 ranks, a performance which experts consider to be low compared with the resources potential the country is endowed with. Full Story... SMEs told to exploit loan programmes Most funds established by the Government for lending to small and medium-sized enterprises (SMEs) lack borrowers, a cabinet minister said.
Mr Basil Mramba (pictured) of the ministry of Industry, Trade and Marketing said at a ceremony to award winners of a business plan competition that sources of capital for SMEs were yet to be fully exploited.
Full Story... Zanzibar to Benefit from Enlarged EAC Market The Speaker of the East African Legislative Assembly (EALA) has said Zanzibar's interests in the East African Community are well safeguarded whereby Zanzibar participates in the regional organization as part and parcel of the United Republic of Tanzania.
Full Story... New study proves multiple taxes putting off investors Latest United Nations report laments that high and multiple taxes on the African continent are holding back potential investors. The UN report on Economic Development in Africa for 2007 points out that diverse and soaring taxes are augmenting both the risks and the pitiable business environment in Africa. Full Story... New Bank Targets SMEs Tanzania will soon have a new bank: AccessBank Tanzania Ltd (ABT). It will be serving micro, small and medium-sized enterprises. Many of them have been unable to access loan facilities for lack of collateral
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