Tanzania

Ranhill Power throws in the towel

Ranhill Power has informed Mechmar Corp (Malaysia) that it has suspended its conditional offer to purchase the 70% that the latter holds in Independent Power Tanzania (IPTL).

Three competitors for licences in Tanzania

Three oil companies have replied to the call for tenders issued last year by the Tanzanian authorities for the attribution [...]

The saga of the munitions factory

The government of the Walloon Region of Belgium is to send a mission to Tanzania to verify compliance with the [...]

Biwater in trouble in Tanzania

This week the government of Tanzania decided to take over the management of the water supply in Dar es Salaam, [...]

Flood alert in East Africa

The International Development Association (IDA, part of the World Bank) [...]

Going to the Oslo Stock Exchange to fund a gas project in Tanzania

Artumas Group Inc., a small Canadian company is to be [...]

Barrick Gold Corp

Barrick Gold Corp and Falconbridge Ltd. signed a joint venture [...]

Lakota Hopes to Raise $4.5 Million

Lakota Resources has contracted Integral Wealth Securities Ltd. to act [...]

Chinese contract in Zanzibar ends

The government of Zanzibar has just cancelled the contract with the Chinese firm Huashi Enterpises Corporation worth almost $10 million [...]

VIP wants to acquire IPTL

The Tanzanian company VIP, which holds a minority stake in IPTL, wants the government of Dar es Salaam to help it acquire the 70% stake put up for sale by the Malaysian firm Mechmar.

Fight to Control IPTL

Following Mechmar's sudden withdrawal from the scene, the Tanzanian government, Malaysia's Ranhill and the local VIP firm are all fighting for control of IPTL, operator of the Tegala power plant.

Three airports ready to privatise

The Tanzanian authorities are planning to embark on a process of privatising the management of the country's three State international airports.

Two Firms in Uranium Push

The 80% surge in uranium prices over the past year has whet the appetite of juniors. Two Australian firms have [...]

IfC gives a leg up to Reginald Mengi in Tanzania

The International Financial Corporation (IFC, part of the World Bank) should on 15 May attribute a loan on of $10 [...]

The Iranian government has just appointed a new ambassador to Tanzania...

The Iranian government has just appointed a new ambassador to [...]

New Plan for Tanesco

A law practice beefs up in Tanzania

The Dar es-Salaam law practice Mkono & Co. has just [...]

William Diamonds Ltd

WILLIAM DIAMONDS LTD (Tanzania). The William Diamonds firm will shortly [...]

Expansion plans in East Africa

Brookside Ltd, the main dairy company in Kenya, owned by [...]