Bakhresa Group halts flour exports to Kenya on inapt tax rules

TANZANIA - Bakhresa Group which operates one of the largest flour mill in Tanzania has suspended Kenya flour exports on changing rules and systems for exporting goods into the country. The company said frequent changes in tax rules, instituted by the Kenya Revenue Authority (KRA) have slowed its exports to Kenya and led to losses…

Tanzania’s US$13m Chamwino wine plant to be completed by 2020

TANZANIA - Tanzania’s Chamwino District Council is set to complete a US$13.11 million (Tsh30 billion) wine plant by 2020 to provide grape farmers in Dodoma region with a ready market for their commodity, reports theCitizen. The plant will have a capacity of 15,000 metric tons of juice, 40,000 tons of concentrate grape, 60,000 tons of…

ASAS Dairies boosts its milk consumption campaign as production grows

TANZANIA - The 18-year old private dairy processing firm, ASAS Dairies is seeking to boost milk consumption in Tanzania through efforts including healthy living promotions in the country. The company has reported a 20% increase in milk production for livestock keepers who feed their dairy cows with ingredients for the past one year. Increasing milk…

Tanzania receives US$115m European Union funding to boost agriculture

TANZANIA - The government of Tanzania has received US$115.91 million (Tsh265 billion) from the European Union to enhance productivity and competitiveness in the Agricultural sector. According to the Citizen, the programme dubbed ‘agri- connect’ would focus on key agricultural sectors such as horticulture, coffee, tea as well as food production and nutrition security. During the…

Tanzania’s milk import fees increases 13-fold amidst a series of bans

TANZANIA - The government of Tanzania has introduced new regulations which will require milk importers to pay thirteen times more in milk import fees, reports the Citizen. According to stakeholders, the move which equates to total ban will hurt the dairy industry which relies on imported milk to manufacture some of its products. The newly…

National Microfinance Bank to finance palm oil cultivation to cut on imports

TANZANIA - The National Microfinance Bank of Tanzania has ventured into financing palm oil cultivation with an aim to increase production as well as cover deficit met through imports. Daily News reports that the bank is expected to partner with the Tanzania Agricultural Development Bank Limited (TADB) in boosting palm oil production in Kigoma Region.…

Tanzania’s chicken import ban bites as shortage looms

TANZANIA - Tanzania is facing a chicken shortage with rising retail prices, months after banning importation of poultry from its neighbours in the East African Community. Speaking to The EastAfrican, Tanzania Poultry Breeders Association secretary General Manase Mrindwa said that some firms had stopped production of day-old chicks, leading to a shortage of broilers and…

Tanzania secures coffee, tea and legumes market in China

TANZANIA - Tanzania Trade Development Authority (TTDA) has said that the country has secure d a market for coffee, cashew nuts, ginger, tea, peas, and legumes in China where there is high demand for the commodities. Daily News reports that the development was announced by TTDA Director General, Mr Edwin Rutageruka after the Asian country…

Tanzania Breweries half year profit falls 16% on difficult business environment

TANZANIA - Tanzania Breweries Ltd, the country’s largest brewing company has reported 16% decline in profit to US$28.25 million for the six months ended June 2018 due to challenging business environment, reports Daily News Tanzania. Revenue dropped by 3% to US$213.53 million impacted by heavy rains in the months of April and May. TBL’s first…