N e w s

Rwandan Packaging Industry Look To Expand Into Kenya

 Rwanda could soon see a spike in import and export packaging as a local packaging manufacturer is looking to expand into the Kenyan market.   The Polythene Materials Control Bill was introduced in 2011 by the East African Community, which was signed by countries like Uganda, Kenya and Tanzania. However, these countries have not implemented the bill to full satisfaction citing that their polythene industries are still in the stage of.... Read more »

Posted on : Friday , 22nd September 2017

Tanzanian start-up turns urban waste into 'plastic lumber'

 A young Tanzanian entrepreneur is turning the country’s mounting plastic waste into "lumber" to help meet demand for housing in its growing cities, in an effort to reduce depletion of forests.   Christian Mwijage decided he could tackle those problems in one go - by turning discarded plastic bottles into building materials that can be used instead of wood.   His year-old company, EcoAct Tanzania, has.... Read more »

Posted on : Wednesday , 19th July 2017

Catalyst buys stake in regional printing firm

 Private equity firm Catalyst Principal Partners has acquired a minority stake in regional printing and packaging family business Kensta Group.   Catalyst Managing Director Rajal Upadhyaya Monday said the funds received would be used to expand Kensta’s subsidiaries in Kenya, Uganda, Rwanda, Zambia and Tanzania.   Mr Rajal did not however disclose the amount paid for the stake.   Kensta Group of companies consist.... Read more »

Posted on : Wednesday , 19th July 2017

UIA rewards best investors

 The Uganda Investment Authority (UIA) has for the last 24 years been recognising outstanding investors in the country.   The winners, over the years have included Rwenzori Highland Tea Co. Ltd, Ngege Ltd, Kabojja Secondary School, Hotel Africana, Van Zanten Uganda Ltd, MTN (U) Ltd, Century Bottling Company Ltd, Rene Industries and Kasese Cobalt Co. Ltd.   During the awards, investors who have successfully implemented and.... Read more »

Posted on : Wednesday , 19th July 2017

Africa's plastic & printing industry is reporting high growth

Africa has become a key player in the international plastics and packaging industry where plastic goods and expertise are in high demand. Africa's plastic industry is reporting high growth rates as demand for plastic goods and machinery in Africa registers a steady growth. Africa's overall economy is currently on a growth path. Many countries in Africa have experienced several years of strong economic growth (ranging from 8-12% in 2009) and.... Read more »

Posted on : Wednesday , 16th August 2017

Tanzania: Plastic Bag Factories Will Have to Install Recycling Plants As Well

Morogoro — New plastic bag manufacturing factories in the country will have to install recycling facilities as the government moves to curb environmental degradation, the National Environment Management Council (NEMC) has announced.   NEMC Coordinator for the Eastern Zone Jaffar Chimgege, speaking here over the weekend, said: "As a country, we face a serious challenge when it comes to littering the environment by plastic.... Read more »

Posted on : Wednesday , 26th April 2017

Ethiopia, South Korea Sign $13 Million Electronic Customs Clearance System Deal

Ethiopia and South Korea signed a 13-million deal for the installation of electronic customs clearance system in the former.   According to the agreement South Korea's electronic customs clearance system called "UNI-PASS" will be installed in Ethiopia by 2020, Korea Customs Service said in a statement.   South Korea has exported the UNI-PASS system to a total of 11 countries, including African countries Cameroon and.... Read more »

Posted on : Thursday , 16th March 2017

Tanzania: PM Asks Public Institutions to Get Profitable, Boost State Coffers

Prime Minister Kassim Majaliwa has instructed parastatal organizations to form partnerships among themselves and with the private sector to implement key projects towards realization of the industry-led economy, outlined in the Second Five-Year Development Plan (FYDP II).   Funds amounting to 107trl/- will be required to undertake the ambitious plan spanning 2016/17 - 2020/21, with the theme; "Nurturing Industrialisation for Economic.... Read more »

Posted on : Thursday , 2nd March 2017

Ethiopia: Corporation to Enable Investors to Obtain One-Stop Govt Services at Industrial Parks

Providing one-stop services to investors makes them more competitive and productive.   The Industrial Parks Development Corporation (IPDC) said that it has set up a new regulation to enable investors obtain one-stop government services in industrial parks.   The draft regulation was tabled yesterday for discussion with concerned sector administration representatives.   On the occasion, Commissioner Fitsum Arega said that the.... Read more »

Posted on : Wednesday , 22nd February 2017

Tanzania: Sweden Pledges Increased Trade and Investment, Hails Use of Aid Funds

Sweden has pledged to increase trade and investment while commending the government over good use of donor funds in executing various projects.   Swedish Ambassador to Tanzania, Katarina Rangnitt said at the end of a Swedish high level delegation to Tanzania that Sweden is impressed with government efforts to cut spending and good use of donor funds towards the direction of sustainable development.   "I'm very happy and proud.... Read more »

Posted on : Thursday , 16th February 2017

Expogroup Wins Big at the Tanzania Leadership Awards 2016

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from conglomerates with more than 500 employees, to small start-ups with a staff count of 2 to 4 employees.   Expogroup, a pioneer in the trade show.... Read more »

Posted on : Friday , 3rd February 2017

"Creating Jobs in Ethiopia is in UK's Interest" - UK International Development Secretary

Nowhere shows the profound way that Britain says it is looking to change and sharpen its approach to international development and aid for the poorest countries in the world than Ethiopia.   This is a country synonymous with food instability, drought and inevitably malnutrition and famine where tens of millions have been dependent on subsistence farming.   Very few will ever forget the worldwide humanitarian efforts spearheaded by.... Read more »

Posted on : Thursday , 2nd February 2017



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