The ongoing China-ASEAN Expo 2018 has promoted investment and trade opportunities in Tanzania, yielding positive results with some Chinese investors expressing interest in processing cassava starch. The good news comes amid the 1 billion US dollars (about 1.22trl/-) agreement between the governments of Tanzania and China in commercialization of the tubers, which are on high demand in Asian countries, particularly China. Speaking on the.... Read more »

Posted on : Thursday , 27th September 2018

The visiting Executive Director of WFP (The World Food Programme), David Beasley confirmed that they plan to buy 75000 metric tons of maize from Tanzania, while he was in Dar es Salaam this week. This is in line with the UN organizations ongoing exercise to expand market reliability for the corns from Tanzania.   They intend to buy between 75,000-100,000 Metric tons of the crop in the next six months from the 30,000 tons they had already.... Read more »

Posted on : Thursday , 9th August 2018

The 21st Foodagro Africa is only a month away; the event focuses on the food, agriculture and the hospitality industry, featuring the latest products and technology in its field. Complementing these pointers, VLAM is all set to participate in the event of the season. Widely known, Vlam is famous for its marketing techniques that promotes and sells Belgian agro, fisheries, meats, poultry and dairy products in and around the world. The event will.... Read more »

Posted on : Thursday , 19th July 2018

Sesame producers are profiting from the product development, on account of a Farm Africa Project. The gathering, conducted by Farm Africa, pulled in farmers and dealers from Bahi, Babati, Kilwa and Manyoni areas and in addition authorities from the Agriculture Seeds Agency.    Fatm Africa encourages producers to expand their income, sustenance and food security by enhancing farming practices, showcase linkages and business.... Read more »

Posted on : Tuesday , 10th July 2018

During the first four months Kenya’s food imports grew by 30.10 percent, as compared to last year during this quarter.  The data as provided by Central Bank of Kenya indicates that during the same period the import bill for Jan-Apr 2018 was Sh68.63 billion, while in the year 2017 it was Sh52.75 billion. This show that the country’s food imports has increased, reflecting the dependence on foreign markets despite improved weather.... Read more »

Posted on : Thursday , 28th June 2018

Uber Eats, a food delivery app has been launched in Kenya by Uber. The app claims to reach the vast locality and allows customers to purchase food from various restaurants and have it deliver to their doorstep at an ease.  Amal Devani, General Manager of Uber Eats Kenya said, “We are excited to introduce this revolutionary app to Nairobi, after its huge global success in over 200 cities around the world. It has been custom-built to.... Read more »

Posted on : Wednesday , 13th June 2018

The National Alcohol & Liquor Factory (NALF) has announced the launch of ‘National Vodka’ their newest brand of alcohol. This new range has been long-awaited and has been launched after a whole year of growing speculation. National Vodka hit shelves last month and is now easily available in stores.   This new line will be sold in 750ml bottle and will have an alcohol content of 40 percent. It will join a stable of other.... Read more »

Posted on : Friday , 4th May 2018

The Swiss-Belhotel has joined hands with the Arabian Travel Market (ATM) from Dubai and also the Zanzibar Crown Hotel and Resort to take over managerial control of the Swiss-Belresort Zanzibar. The project is expected to be open for business in 2019. This will be the group’s first project in Tanzania and in the East African region as a whole. Mr. Nadhim Said Hamdan Al Rawahi, the Owner of Zanzibar Crown Hotel and Resort Limited, said,.... Read more »

Posted on : Thursday , 3rd May 2018

The Tamarind Group has opened a new hotel in Kenya’s capital city Nairobi; it is estimated to be worth approximately Sh1.2 billion in an attempt to capture a growing market in Kenya that has seen stark rise in foreign tourist numbers and business-persons flocking to the nation’s capital. Martin Dunford, the group chairman provided further details about the funding of the project and said that the funds would be in the form of debt.... Read more »

Posted on : Wednesday , 18th April 2018

Renowned UAE based hotel group, Rotana Hotel Management Corporation is preparing to venture into the hospitality markets in Tanzania with a brand new hotel located in Dar-es-Salaam. This project is highly anticipated; it is expected to be a 30 floor construction and will be located in the commercial hub of Tanzania, Dar-es-Salaam.   Rotana is a market leader in the Middle East and is now turning its attention to expansion projects outside.... Read more »

Posted on : Wednesday , 18th April 2018

A huge bid of USD 48.8 million has been accepted for the  Asella Malt Factory after it was made available for purchase by the Ministry of Public Enterprises (MoPE). This move was a part of the present privatization drive ongoing in Ethiopia. The Asella Malt Factory, now joins a list of highest offer companies, following the USD 944 million offer made to acquire the National Tobacco Enterprise (NTE) by Japan Tobacco International and the USD.... Read more »

Posted on : Wednesday , 18th April 2018

American fast-food heavyweights Hardee's is all set to open its third branch at the Two Rivers Mall this March. This comes soon after the launch of Hardee's second restaurant in Kenya on Westlands Road.  Rohit Gambhir, General Manager of Hardee's Kenya said that the Two Rivers outlet will focus on the large number of customers that visit the shopping mall on a daily basis, while the Westlands branch will target the industries in the.... Read more »

Posted on : Wednesday , 18th April 2018