Govt Gives Up Tobacco Monopoly for U.S.$434 Million

[Addis Fortune] Amidst the forex crisis in the country, Japan Tobacco International (JTI) paid 434 million dollars, in full, to buy the remaining shares owned by the government at the National Tobacco Enterprise, raising its stake to almost a billion d…

[Addis Fortune] Amidst the forex crisis in the country, Japan Tobacco International (JTI) paid 434 million dollars, in full, to buy the remaining shares owned by the government at the National Tobacco Enterprise, raising its stake to almost a billion dollars.

source: AllAfrica News: Ethiopia

Half-Billion Birr Road to Brace Industrial Parks

[Addis Fortune] The giant Chinese state owend enterprise, China Civil Engineering Construction Corporation Ltd (CCECC), will construct a road extending from the outskirts of Dire Dawa to the recently built industrial park in the city for almost half a …

[Addis Fortune] The giant Chinese state owend enterprise, China Civil Engineering Construction Corporation Ltd (CCECC), will construct a road extending from the outskirts of Dire Dawa to the recently built industrial park in the city for almost half a billion Birr.

source: AllAfrica News: Ethiopia

EAC States Agree On Key Health Preventive Measures

[Daily News] THE East African Community (EAC) is on course to engage its partner states and international stakeholders on key health interventions to guarantee quality health to the people.

[Daily News] THE East African Community (EAC) is on course to engage its partner states and international stakeholders on key health interventions to guarantee quality health to the people.

source: AllAfrica News: Tanzania

Dar Exchange Ends 2017 in Bullish Rally

[Daily News] DAR ES SALAAM Stock Exchange (DSE) ended 2017 posting a 6.6 per cent gain at 3,919.25 as tracked by domestic listed stocks index (TSI) compared to 3,677.82 posted on January 2017.

[Daily News] DAR ES SALAAM Stock Exchange (DSE) ended 2017 posting a 6.6 per cent gain at 3,919.25 as tracked by domestic listed stocks index (TSI) compared to 3,677.82 posted on January 2017.

source: AllAfrica News: Tanzania

Local Poultry Farmers to Benefit Immensely From Breeding Estates

[Daily News] TANZANIA will soon become one of the main poultry producers in East and Central Africa following news that large breeding estates are set to be established in Kilimanjaro and hatching factories built in Coast Region.

[Daily News] TANZANIA will soon become one of the main poultry producers in East and Central Africa following news that large breeding estates are set to be established in Kilimanjaro and hatching factories built in Coast Region.

source: AllAfrica News: Tanzania

Coffee Export Keeps Momentum

[Addis Fortune] Within the first five months of the current fiscal year, the amount of revenue that was obtained from the export of almost 92,000tns of coffee beans has reached over 334 million dollars.

[Addis Fortune] Within the first five months of the current fiscal year, the amount of revenue that was obtained from the export of almost 92,000tns of coffee beans has reached over 334 million dollars.

source: AllAfrica News: Ethiopia

Telecom Firm Makes Multimillionaires in 2018

[Daily News] THROUGH its Tigo Pesa money transfer service, has turned three Tanzanians into new multi-millionaires on the eve of the New Year. ‘I have suddenly become a millionaire!’ exclaimed Lugano Thomas Mlini, a driver by profession and resident of…

[Daily News] THROUGH its Tigo Pesa money transfer service, has turned three Tanzanians into new multi-millionaires on the eve of the New Year. 'I have suddenly become a millionaire!' exclaimed Lugano Thomas Mlini, a driver by profession and resident of Mbezi Makonde area of Dar es Salaam after winning 15m/- from Tigo.

source: AllAfrica News: Tanzania