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Minister calls for sourcing of raw materials locally

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The government has urged the Tanzania Breweries Limited (TBL) to engage more farmers in production of raw materials for beer making, an initiative that will boost earnings to alleviate poverty. Minister for Industry, Trade and Investments, Charles Mw [Read story...]

Dangote cement plants boost Africa’s economy

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President Jakaya Kikwete and his Nigerian counterpart, Muhammadu Buhari have described business mogul, Aliko Dangote, as Africa’s economic stimulant whose investments have improved economic stability and standard of living in Africa. President Jaka [Read story...]

Devaluation eats up profit at Tanga Cement

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Tanga Cement Company has registered a net loss of 6.94bn/- for the six months to June 2015, compared to a profit of 8.60bn/- posted on the corresponding period last year. The firm’s officials attributed the trend partly to devaluation of the shill [Read story...]

Mwadui diamonds outputs up 7pc

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Williamson Diamonds, a largest diamond mine in the country, has registered a full-year production increase of 7.0 per cent to 202,265 carats for the year ending June. The mine, partly owned by South Africa’s Petra Diamonds, attributed the good res [Read story...]

Rwanda Govt moves to fix power challenges

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Power supply challenges that have plagued the industrial sector for long could finally be fixed after government unveiled a plan that will help strengthen the power distribution network and reduce wastage. A cement production line at Cimerwa. Manufa [Read story...]

BAT to continue operations despite harsh environment

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BAT Kenya says it will continue growing and distributing tobacco in Kenya. This is even in the face of growing anti-smoking campaigns and planned introduction of additional taxation. The firm says it will go on supporting the growth of tobacco in Ea [Read story...]

Kenya trails peers as mining destination

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NAIROBI: Kenya is rated as the worst mining destination in Africa and only slightly better than Hungary and Malaysia in terms of global rankings, according to the 2014 Fraser Institute Annual Survey of Mining Companies. The survey, which canvasses t [Read story...]

Kenya: Brookside unveils supply recruitment drive

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Milk processor Brookside Dairy has embarked on a massive farmer recruitment drive aimed at bringing on board more than 10,000 new raw milk suppliers. Brookside field staff weigh a farmer’s raw milk before putting it into the firm’s mobile co [Read story...]

Tanzania Industry minister denounces cartels

African economies have co-existed with a number of well-known cartels and anti-competitive conducts such as price fixing, bid-ridding, restrictions of output, allocation of markets and other unwarranted agreements. Minister Abdallah Kigoda Due to th [Read story...]

Car and General overhauls 44-year-old engine

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Car and General engineers are rebuilding a 14,000cc engine, which has been working for the past 44 years at a cement factory. Spare parts were sourced from the Cummins engine plant at Columbus in the US. Randall Truter, the Cummins Workshop Manager, [Read story...]

Agoa expected to be extended by 15 years

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The trade agreement that allows African countries to export goods to the US without duty is highly likely to be extended by another 15 years once it expires in September next year. Ministry of Industrialisation and Enterprise Development Cabinet Sec [Read story...]