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KAFOI Online - News Saturday, May 25, 2013

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Business and Finance Vodacom Chief Executive set to leave IPP Media; Vodacom outgoing managing director Romeo Kumalo has said that Tanzania is an amazing country with huge potential for economic growth. Full story More Business and Finance Stories • MeTL to hire Tanzanian experts in Mozambique • Dar exports to China more than doubled • Illegal fishing still rampant in Indian Ocean • Tanga Diary needs Tshs. 3 billion for expansion • Never give up on economic advancement - Mengi • Rising oil prices worry Kikwete • Govt. and oil dealers closer to deal • Kikwete to officiate at manufacturers’ awards • Tanesco loses 56 transformers to vandals • Mengi and others oppose contempt • Add value to your products - Mengi • IPP Media clarifies on employee’s citizenship • TRA contests ruling on Citibank • Tshs. 60 million illegal timber confiscated • Kiondo Mshana is new Guardian Ltd MD • Tanzania to export meat by end of the year • Tanzanians urged to adopt saving culture • Easter shopping yet to pick up • Sisal farmers want agricultural bank set up • Easter shopping yet to pick up • Coffee production down 34% in 15 years • Tanga Cement plans to buy locomotives • BP allays fears over lubricants • Dar es Salaam oil jetty ’set for improvement’ • Tanzanian timber dealers ignore EA market • Tea plantation workers to strike in October • First phase of NMB’s sale closes end of Sept. • TTCL to spend Tshs. 7.2 billion to upgrade links • Tanesco to recover Tshs. 50 billion in unpaid bills • Celtel and TTCL go separate ways • NICO ponders fishing factories • Macroeconomic achievements should... • Mount Meru Hotel to close down in December • Cold weather affects fish catches, raises prices • Prices of petrol products increase in Tanzania' • Tanzanians are using more fertilizer • Use cattle as loan collateral, pastoralists plead • More tourists coming to Tanzania • Coal reserves put at 2 billion tonnes • Mengi: Think business and capital will come • Local company starts making glassware • Barrick to spend $13 million on exploration • CTI picks flaws in 2005/06 • Africa asked to woo investors • EAC headquarters project takes off • Outdoor advertising legal battle in Kenya ends • Mineral exports fetch over Tshs. 600 billion • UDSM to explain stoppage of Mlimani City project • PPF yet to pay young pensioners • Regency Park Hotel to open its doors next month • Karume upbeat on investment promotion • No way, Lake Victoria boat firm told • Court dismisses TCC's appeal against rivals • Tobacco traders united for higher yields • Bid for Tanzania Railways Corporation opened • Tanzania to Boost Sugar Production By 19% • Dar es Salaam to have car mall shortly • Korea Cooperation CEO set to jet into Dar today • Tourist numbers grow along with animal herds • Vodacom’s dos Santos leaves for Mozambique • TCCIA Investment company wins more support • Leather industry next target for SIDO • Al Outdoor buys Monier 2000 Outdoor Advertising • Coca-Cola launches ‘Dasani’ water brand • TBL relaunches ‘Kilimanjaro Lager’ • New cigarette firm starts production • ATR-42 operations at Arusha defended • Tourism companies complain of throttling taxes • Barrick Pours First Gold at New Tanzania Mine • Farmers to get tax relief on inputs • EADB to raise Tshs. 15 billion to finance projects • Bakhresa want import duty on wheat flour • Akiba Commercial Bank’s loans grow faster • 8 accused in CRDB Bank heist freed • De Beers to Invest $250 million in Tanzania Mines • Export credit guarantee scheme ready to start • TTCL Cuts Links With Dutch Investor • Mkapa praises Stanbic Bank at new head office • NSSF loses appeal over Tshs. 700 million loan • NBC launches high yielding savings account • Citibank goes to appeals court over Tritel ruling • Zantel set to operate on Mainland • 3 East Africans on Celtel's Board of Directors • Success flies Precision Air away from Arusha • PSRC receives bids for Microfinance Bank • Tanesco unveils new 2005 roll-out plan • Shelve privatization, Mengi tells Mkapa • Dutch Rabobank follows up bid for NMB • Arusha farmers happy with EA Customs Union • TTCL-Celtel marriage at crossroads • Implement QMS, TBS tells industries • ‘Injunctions not a solution for loan repayment’ • Africa tourists arrival encouraging, says Chande • Kunduchi Beach Hotel opens today • Dawasa embarks on Tshs. 12 billion water project • Oil flow metres add revenues to treasury • ATCL to refurbish sales offices countrywide • Pomp as ATCL launches Isles offices • NBC announces winners in ATM competition • No further tariff reduction - Tanesco • Mramba’s advice to second-hand cloth importers • IPP and Uganda TV station enhance collaboration • Postal bank installs computers in 21 branches • Members of Media Association snub TCRA • KLM boosts capacity to cope with tourism boom • TCCIA supports review of COMESA decision • Sisal growers press for title deeds • ‘Mitumba’ dealers take their case to Mramba • TBL promotes Pilsner Urquell brand • Privatised Air Tanzania Records $7.3 million Loss • PPF launches housing HP scheme for members • TCCIA concerned at Kenya-bound export tariffs • Brown signs deal to save Tanzania £40m • TPB reduces interest rates • Precisionair announces major expansion plans • TRA construction project to cost Tshs. 1.2 billion • Tshs. 2 trillion Tanzanite exported in two years • Postal Bank to launch ATM card service • Dar food prices on the up and up • Depletion of fish stocks alarms Tafiri • Tanga company donates Tshs. 12 million cement • TCC allocates 210m/- for job opportunities • DPI-Simba acquires international certification • Micro lending firm to mobilize clients’ savings • New, more affordable TTCL tariffs indicated • Tanzania set to export cotton to Vietnam • SME big potential for Engineering products • Twiga Cement factory undergoes renovation • Complainants seek arrest of Supa Food Directors • Tanzania conducive for investments — Mramba • TTCL simplifies its prepaid services • Government settle Muhimbili Tshs. 4 billion debt • Vodocam new campaign underlines expansion • Vodocam new campaign underlines expansion • CEOs want tax regime parity in East Africa • WB: 2004 a great year for Tanzania • SIDO launches SME product catalogue • Celtel is East Africa's Most Respected Company • Dar es Salaam Trade chamber promotes AGOA • Tanzania expected to resume with COMESA • Geita cotton farmers earn Tshs. 7 billion • Court attaches TTCL shares in Celtel • Stanbic Bank opens new ultra-modern branch • Tanesco named in Tshs. 300 million scam • UTT and NICO: Inculcating a stock trading culture • Importers claim ‘scanners’ delay cargo clearance at Dar port • Kioo Ltd regrets COMESA pull out • CRDB Bank rings up multibillion shilling profit • CTI Organization faults sugar company’s move • Investors deterred by tax regimes in Africa • Board to attract a million tourists to Tanzania • NMB Staff to Form Another Consortium • Citibank court case is still ‘hot’ • Samsung eyes Tanzania for investment • TTCL flexing its muscles to fight stiff competition • Mobile phone firms speak out on draft Bill • Mkapa told to abolish multiple licences • Nyanza firm to produce Dasani bottled water • Walkgard hotel plans isle camping site • Mengi calls for joint ventures in mining • ‘Death’ awaits local media companies • PPF members to meet in Arusha • NSSF's fund reaches Tshs. 351 billion • Kenya Airways preforming well on DSE • NSSF to meet Kenyan counterparts • Mengi wants level playing ground for media • SMEs become more significant in economy • Dar leading port in East and Central Africa • Z’bar govt says no data on employment • Tanga firm sells fish to Europe • TTCL brings improved services to more people • Tanga water revenues double • New luxury lodge set to open next month • BOB to spread wings to Tanzania • DAHACO installs perishable facility at DIA • Kioo Ltd to register for DSE in 2006 • Fuel shortages disrupt TANICA output • Cargo volumes at Tanga port up • Dar hosts Global African Business conference • Bank mulls loans to SMEs • Voda creates jobs, invests in skills development • Tanzanite prices up • Tanzania travel market ‘set to expand’ • Tanzania’s tourism resilient to global turbulence • PPF aims at wider membership coverage • Reginald Mengi named to business summit panel • Vandalism costs Tanesco Tshs. 200m/- • Sumaria and SIDO collaborate for SME growth • Sisal exports earn nation Tshs. 15bn/- • Karume wants India help to modernise fishing industry • Fanta Pineapple launched News Sources • IPP Media • The Express • Business Times • Arusha Times • Habari News • National Media Kenya