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. 

TheCitizen

Habari Zinazoendana

10 years ago

TheCitizen

28 Apr

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.

 

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 Aug

Farmers to benefit from key project

>About 3,000 farmers, members of the Lushoto and Korogwe Vegetable Growers (LUKOVEG), are expected to benefit from the construction of a Sh203 million packaging centre and a Sh108 million cold-room that would enable them to sort, clean and grade agricultural produce before exportation.

 

10 years ago

TheCitizen

07 Jan

Official pushes govt on key road project

>A member of the Arusha Regional Road Board (RRB) yesterday questioned the government’s commitment to constructing the 421-kilometre Mto wa Mbu-Musoma Road.

 

11 years ago

TheCitizen

15 Jul

Residents applaud foundation for key education project

Residents of Lindi Region have hailed the Aga Khan Foundation (AKDN) for taking the initiative to help the education sector in the area.

 

11 years ago

TheCitizen

25 Jun

China to give TZ Sh320bn loan for key water project

Tanzania will get Sh320 billion ($200 million) from China as a soft loan for the construction of the water source at the Kidunda dam that will improve water supply in Dar es Salaam, it was announced Monday evening.

 

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.

 

10 years ago

TheCitizen

16 Apr

Sh1tr per month spent on the mobile

As millions of mobile phone users in Tanzania click the “dial” or “send” button on their fancied mobile phones to text or call their friends, they spend roughly Sh1 trillion ($600 million) in a month, The Citizen can reveal today.

 

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