Financiers vow not to extend deadline in major sugar project

>Organisations that pledged to finance the $620 million (Sh1 trillion) Bagamoyo sugar project will not extend the Thursday pullout deadline even for one day, The Citizen can reveal why.

TheCitizen

Habari Zinazoendana

10 years ago

TheCitizen

07 May

Key financiers drop Sh1tr sugar project

It is official. The much-touted $620 million (Sh1 trillion) Bagamoyo sugar project is no more. The key financiers have pulled the plug on what would have been one of Tanzania’s prime projects. 

 

11 years ago

TheCitizen

06 May

Explorers extend deal on Tanzania graphite project

Kibaran Resources, which is listed on the Australian Stock Exchange has signed a three-month extension to the existing memorandum of understanding to consolidate its Merelani-Arusha Graphite Project with the Richland Group’s graphite assets in Tanzania.

 

11 years ago

TheCitizen

30 Jun

Elders vow to block Ngorongoro hotel project

Indigenous Maasai and Ngorongoro Conservation Area Authority (NCAA) could be headed for a land dispute that is likely to affect a multi-million-dollar tourism undertaking in the area.

 

11 years ago

TheCitizen

21 May

Sugar project to take off in Bagamoyo

The government is working on the land for equity policy to undertake a Sh880 billion ($550 million) sugar, ethanol and power production project in Bagamoyo, Coast Region.

 

10 years ago

TheCitizen

25 Mar

Dar in major biomass project

Tanzania and the United Nations Industrial Development Organisation (Unido) yesterday launched a $31.227 million (Sh56.21 billion) biomass project that is geared towards helping East Africa’s second largest economy to produce energy from wastes.

 

9 years ago

TheCitizen

07 Oct

Ministry to announce major decongestion project

The government is soon to announce a tender for the construction of an interchange or fly-over at the highly congested Ubungo intersection.

 

11 years ago

TheCitizen

05 Feb

Sacgot for major tea investment project

>The Unilever Company, a multinational food processing firm, has chosen an agricultural corridor in the country to expand its tea project.

 

11 years ago

TheCitizen

04 Jul

The ‘agency banking’ revolution: How Dar financiers are leading the way

Here's some good news - the number of commercial banks that offer agency banking has increased from two to eight in the past year as Dar financiers seek to broaden their reach.  

 

11 years ago

TheCitizen

31 Jan

Afford sport financiers, Boa Bank urges govt

Bank of Africa (Boa) has called upon the government to consider tax rebates to corporate entities that support sport activities.

 

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