Tanzania Agricultural Development Bank supports agricultural initiative with US$4.9m investment

TANZANIA – State-owned Tanzania Agricultural Development Bank (TADB) has reaffirmed its commitment to increase funding for irrigation schemes by dishing out loans amounting to 11.48bn/- (US$4.9m) for various projects countrywide. The regions that have so […]

Tanzania’s cashew nuts exports earning plunge 51% amid sector restructuring plans

TANZANIA – Tanzania’s cashew nut exports earnings in the year ending September 2019 declined by 51.4% to US$563.5 million from US$1.16 billion earned in the same period in 2018, a report by the Bank of […]

Coca Cola Kwanza launches Minute Maid Delight targeting fast growing juice market

TANZANIA – The Coca-Cola Kwanza company, manufacturer and distributor of Coca-Cola products in the Tanzania, has launched Minute Maid Delight in the country, joining the Minute Maid juice family comprised of Mango, Tropical and Apple […]

Zimbabwe imports 17,000 tonnes of maize from Tanzania to ease shortage

ZIMBABWE – Zimbabwe has commenced importation of 17,000 tonnes of maize from Tanzania to alleviate food shortages brought about by the El-Nino-induced drought compounded by Cyclone Idai which hit Zimbabwe in March, destroying many crops […]