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Topic - Tanzania
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Aug 24, 2015
JSE-listed logistics group OneLogix will invest around R30-million in two new vehicle distribution ventures in Tanzania and Kenya respectively, says CFO Geoff Glass. The group already has a heavy presence in the sector in South Africa.
Aug 24, 2015
Telecommunications giant MTN and Liquid Telecom on Monday announced a partnership that would see the duo leverage each others' fixed and wireless networks and combining their respective footprints to reach more business customers across Africa and in Europe. The deal...
Aug 24, 2015
South Africa’s award-winning car rental company, First Car Rental, has been nominated for ‘Best Car Rental Company’ in the prestigious Business Traveller Africa Awards 2015. Business Traveller Africa Awards first held their awards ceremony in 2012 for the South...
Aug 19, 2015
Industrial and logistics company KAP on Wednesday posted robust results for the 2015 financial year, ended June 30, including reducing its debt-to-equity ratio from 40% to 27%, in a tough and competitive environment. The board and management were “comfortable” with...
Aug 17, 2015
With one month to go before the start of the Ethiopian New Year (2008) which falls on September 11 – based on the Julian Calendar not the Gregorian Calendar which most of the world follows – Ethiopia is humming economically, as any tour of the capital city Addis...
Aug 14, 2015
Kilimanjaro International Airport requires upgrades and expansions to accommodate the expected future growth of air traffic in the country.
Aug 14, 2015
Edenville Energy has placed 500-million new ordinary shares of 0.02p apiece to raise funds to complete the mining licence application process for its Rukwa coal project.
Aug 12, 2015
A prefeasibility study (PFS) on the mining portion of Tanzania-focused Kibo Mining’s Mbeya coal-to-power project (MCPP) has outlined potential yearly revenues from coal sales of between $48.4-million and $48.6-million and a yearly profit margin of between $24-million...
Aug 06, 2015
Aug 04, 2015
Aug 03, 2015
Aug 03, 2015
 
 
 
Jul 31, 2015
A focus on high-value rare earths and the use of a tailor-made beneficiation process bodes well for Tanzania-focused Peak Resources. The ASX-listed company is developing the Ngualla rare earths project, which contains high-grade neodymium and praseodymium...
Jul 31, 2015
KIERAN WHYTE The renewable energy independent power producer procurement programme has proven to be a “hugely successful” South African business model
The South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has proven to be so successful in South Africa that the same model could be replicated across Africa, especially amid the current drive towards using cleaner sources of...
Jul 29, 2015
Not only were new oil and gas (O&G) discoveries in East Africa a catalyst for investment into road, rail and pipeline infrastructure, but they also contributed to the region’s economic growth, with growth of 5.5% projected for this year and an estimated 6% to 7% for...
Jul 28, 2015
The emerging social order will see Africa build its megacities; however, South Africa’s economic powerhouse, Johannesburg, would likely fall to the wayside as other emerging cities on the continent take the stage as “cities of opportunity”. Africa was poised to...
Jul 27, 2015
A January infill drilling campaign at East Africa-focused gold producer Shanta Gold’s New Luika gold mine, in Tanzania, has increased the resource at both the Bauhinia Creek (BC) and Luika targets, further improving the confidence in the potential for underground...
Jul 27, 2015
Despite “challenging operating conditions”, London-listed Petra Diamonds has achieved record production for the year to June 30, as output edged up 2% year-on-year to 3.2-million carats. However, flat diamond pricing and static sales weighed on the company’s revenue...
Jul 27, 2015
After the successful start-up of mining at the Gokona underground project, at London-headquartered Acacia Mining’s developing North Mara mine, in Tanzania, the group has lifted gold output for the six months ended June 30 by 6%, producing 367 301 oz and selling 355...
Jul 24, 2015
Southern African Development Community (SADC) Energy Ministers have called on member countries to produce roadmaps for transitioning their electricity supply industries towards cost-reflective tariffs by 2019 in an effort to improve the sustainability of the sector...
Jul 24, 2015
As food and beverage industry trade events go, there is no question that Africa’s Big Seven (AB7) is establishing an international standard for the continent. In June this year buyers from 72 countries, 27 of which were African, attended the three-day event at...
Jul 24, 2015
All conditions precedent to the agreement between Kibo Mining and the Shandong Electric Power Construction Corporation III to develop the Mbeya coal-to-power project have been met.
 
 
 
 
Jul 24, 2015
Edenville Energy has confirmed that the Tanzanian Ministry of Energy and Minerals and Tanesco have started the review process of the Rukwa power plant’s feasibility study.
Jul 23, 2015
Vodacom on Thursday reported a 45.7% increase in data traffic thanks to wider coverage and higher smart device penetration. In a quarterly update to the market, the telecommunications giant said data revenue now accounted for 33.8% of service revenue, up from 25.8% a...
Jul 23, 2015
A bankable feasibility study (BFS) into ASX-listed junior Kibaran Resources’ Epanko graphite project, in Tanzania, has improved the project economics, but has also resulted in an increase in the required capital expenditure. Based on production of 40 000 t/y of...
Jul 21, 2015
East Africa-focused Shanta Gold produced 14 664 oz of gold in the quarter ended June 30, selling 11 590 oz at an average price of $1 222/oz. The remaining 2 673 oz was in transit at quarter-end.
Jul 21, 2015
All conditions precedent related to the agreement between Tanzania-focused mineral explorer Kibo Mining and the Shandong Electric Power Construction Corporation III (Sepco3) to develop the Mbeya coal-to-power project (MCPP), in Tanzania, have been met, allowing the...
Jul 21, 2015
Global business intelligence company Worldbox offers complete identification company records for Rwanda, Tanzania, Mauritius, Uganda and Madagascar with extended business records for 25 other African countries. Worldbox’s business information database contains the...
Jul 20, 2015
ASX-listed IMX Resources has secured a A$3-million investment from investors to fund work on the Chilalo graphite project, in Tanzania. A private Chinese investor, who is a board member of several Chinese companies and is considered highly influential, would...
Jul 20, 2015
New Holland Construction, in collaboration with its South African distributor MB Plant SA, will be present for the second year running at Bauma Conexpo Africa 2015, the International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines...
Jul 20, 2015
Kenya is one of sub-Saharan Africa’s fastest growing economies, with a huge focus on infrastructure development in roads, railways, seaports, airports, water and sanitation. Cement sales in the East African region are equal to South Africa’s cement sales and are...
Jul 17, 2015
The affordable housing market is showing strong performance in East Africa driven by a growing housing gap as urbanisation gains strength in the region.  Housing demand remains high across East Africa and it is forecast that housing roll-outs will increase in the...
 
 
 
 
Jul 17, 2015
South Africa’s automotive leather interior industry is in trouble. Employment at tanneries and sewing plants has been cut in half from 9 242 people in 2005, to 4 806 in 2015, says industrial value chain economist David Bezuidenhout.
Jul 17, 2015
US aerospace giant Boeing predicts, in its latest commercial market forecast, that over the next 20 years Africa (excluding Egypt, which the manufacturer includes in the Middle East) will need 1 170 new aeroplanes, worth $160-billion. VP: Boeing International -...
Jul 15, 2015
Although JSE-listed sugar producer Illovo had a dissapointing 2015 financial year, the company’s downstream business remains strong and its contribution to operating profit is anticipated to be in excess of 20% in the current financial year. Illovo chairperson Don...
Jul 15, 2015
Marking a key step in the advancement of the flagship project to development stage, Aim-listed Edenville Energy has confirmed that the Tanzanian Ministry of Energy and Minerals (MEM) and power generation, transmission and distribution body Tanesco has started the...
Jul 15, 2015
ASX-listed graphite developer Kibaran Resources has been granted a mining license for its Epanko project, by the Ministry of Energy and Minerals in Tanzania. The mining license, which was the last remaining major milestone for the project in terms of government...
Jul 14, 2015
Taste CEO Carlo Gonzaga and Starbucks' Kris Engskov
Starbucks Coffee Company will open full-format stores, bringing its entire range of food and beverages, including its ethically-sourced Arabica coffee, to South African consumers by next year. JSE-listed Taste confirmed on Tuesday that its wholly owned subsidiary,...
Jul 14, 2015
ASX-listed Cradle Resources on Tuesday told shareholders that the feasibility study into its Panda Hill niobium project, in Tanzania was on track for completion by the fourth quarter of this year. The feasibility study was considering a processing plant throughput...
Jul 13, 2015
Tanzania-focused Kibo Mining will implement a more focused drilling programme at its Haneti nickel project, following the completion of an independent airbrone geophysical data interpretation. “This work enabled the prospectivity of the Haneti project for nickel...
Jul 13, 2015
South African Airways is proud to be the official carrier for the Trek4Mandela Expedition, where an intrepid group of mountain climbers will be trekking up Mount Kilimanjaro to raise funds in support of improving the lives of young girls across Africa. The campaign...
Jul 10, 2015
According to the African Development Bank, East Africa will grow by 5.6% in 2015 and by 6.7% in 2016, making it the fastest growing region on the continent. Today 54% of the world’s population lives in urban areas, but by 2050 the urban population is expected to rise...
 
 
 
 
Jul 10, 2015
The governments of Malawi and Mozambique have retained international consultancy, Mott Mcdonald to conduct feasibility and environmental-impact assessment study on the construction of a power interconnector linking the electricity grids of the two countries. Malawi...
Jul 10, 2015
China-headquartered Shandong Electric Power Construction No 2 Company has gained greater insight into the workings of Edenville’s coal-to-power project, following a series of in-country meetings.
Jul 09, 2015
Gold miner Resolute Mining has beaten its production and cost guidance for the 2015 financial year, as its Syama mine, in Mali, continued to deliver above expectations. The ASX-listed miner on Thursday reported that gold production for the full year ended June had...
Jul 08, 2015
A reduction in delays along Southern Africa’s three busiest trade corridors – the Trans-Kalahari Corridor (TKC), between Namibia, Botswana and South Africa; the North–South corridor (NSC), between Tanzania and South Africa; and the Maputo Corridor, between Mozambique...
Jul 08, 2015
China-headquartered Shandong Electric Power Construction No 2 Company (Sepco2) has gained greater insight into the workings of Aim-listed Edenville Energy’s coal-to-power project in south-western Tanzania following the conclusion of the first in a series of...
 
 
 
 
 
 
 
 
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