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

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

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

  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

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

Prime Minister Hailemariam Dessalegn conferred with the Nigerian business tycoon Aliko Dangote Friday.   During the course of the meeting, the premier assured the African billionaire that his government is fully committed to support the Group in the efforts towards diversifying its investments.   He said that government encourages companies such as the Dangote Group to engage in Ethiopia so as to boost employment opportunities and.... Read more »

Posted on : Wednesday , 1st February 2017

Nobody denies that a sustainable financial industry depends on a market driven business, characterized by competitiveness and efficiency. The government also plays its role in regulating the fiscal and monetary aspect of the economy. These make the economy to move in the right track.   As it is known, Ethiopia has been working to boost trade and investment and towards that end various measures have been taken including the formulation of.... Read more »

Posted on : Thursday , 5th January 2017

Growth in Africa’s packaging sector is tipped to explode over the coming years and global packaging equipment suppliers are certainly keen to capitalise on the potential for consumer-led growth. According to a report, sub-Saharan Africa’s key food and beverage market grew by 18 per cent last year. Over the next 20 years, it is projected to be four times the region’s urban market growth average. Sub-Saharan Africa’s.... Read more »

Posted on : Monday , 2nd January 2017

The Ethiopian Agricultural Business Corporation (EABC) said it has purchased 936,430 tonnes of fertilizer at a cost of 6.4 billion Br. Seventy pc of the purchased fertilizer was bought from OCP, a Moroccan based global market leader of phosphate and its derivatives.   The fertilizer is being imported via the port of Djibouti and Port Sudan. "The importation of the fertilizers via Port Sudan will reduce the transportation cost and.... Read more »

Posted on : Thursday , 29th December 2016

In its fifth economic update for Ethiopia, the World Bank reported that the country's growth will remain relatively steady in the coming years. The country has been growing at an average of 11pc over the past decade.   Last year, the country registered a growth of eight percent, despite facing the worst drought in five decades.   Even though the country has reduced the problem of unemployment, the figure is still remained.... Read more »

Posted on : Wednesday , 14th December 2016

 This multifaceted business, which ranks among the top players in South Africa’s multi-billion-rand plastics packaging sector and serves a multitude of blue-chip customers, manufactures a range of packaging products for the food, beverage, personal care, homecare, pharmaceutical, agricultural and retail markets, primarily in South Africa. Raw materials are sourced from a number of South African and international suppliers.   In.... Read more »

Posted on : Friday , 25th November 2016

 Just Design uses their packaging expertise to build on the successful SASKO bread upgrade, leveraging the brand's position across the local retail space.   Big brands often face the challenge of balancing longstanding history and recognition with trying to remain relevant for modern consumers. When it comes to flour in South Africa, there are a few big names that dominate the category. They all have heritage. So, how could SASKO.... Read more »

Posted on : Thursday , 24th November 2016