• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent’s Food Security
    Ghana & Nigeria to Improve Cross-Border Trade
    Tanzania Seeks to Reach New Record Cashew Production by 2025
    Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living
    World Trade Organization published…Trade plays an Important facet in Access to Medical, Goods and Services
    African Development Bank Group President Calls for More Partnerships to Build Africa’s Social Infrastructure
    Ghana, Key Stakeholders: Sign a Renewable Energy Agreement Worth US$69.88 Million to Improve Access and Socio-Economic Development
    Africa Development Bank Approves $1.5 Billion Facility to Counter Food Crisis on the Continent
    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022
    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report

    South Africa and Tanzania, Acquiesce to Boost Cooperation in Trade

    Posted On 17 Aug 2019
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    South African President Cyril Ramaphosa and Tanzanian President John Magufuli
    Photo Credit: S. Africa Government News Agency

    NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- South Africa and Tanzania on Thursday the 15th August 2019 promulgated a Joint agreement to revitalize cooperation in trade and investments.

    John Magufuli, Tanzanian President, love in having  more South African businessmen invest in his country and requested South African President – Cyril Ramaphosa to expedite his request.

    “South African investors are capable of putting up industries for manufacturing pharmaceuticals and minerals processing and Tanzania was readily prepared to offer any assistance they needed”, said the president.

    Ramaphosa said, there were already 228 South African companies in Tanzania employing 21,000 people and promised to bring more investors to Tanzania. In addendum South Africa will cooperate with Tanzania to ensure investment in other areas such as the heath, peace and security sectors.

    He urged Tanzanian investors to retort positively developing business in South Africa. Magufuli said, trade volume between the two countries was 2.68 trillion Tanzanian shillings (about 1.16 billion U.S dollars) I 2018 from 2.52 trillion shillings recorded in 2017.

    Ramaphosa is in Tanzania for a three day state visit ahead of the 39th Southern African Development Community (SADC) Summit of Heads of State and Government in Dares Salaam on August 17-18 2019.

    The theme for the Summit is (A Conducive Environment for Inclusive and Sustainable Industrial Development, Increased Intra – Regional Trade and Job Creation”.

    For New Africa Business News Abdul Rahman Suagibu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

     

     

     

     

    NEW AFRICA BUSINESS NEWS
    COMING SOON ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER. THANK TO COMPANIES THAT WANT TO ADVERTISE.   INFO@NEWAFRICABUSINESSNEWS.COM.
    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Cameroon, £22 Million Investment to Strengthen, Power Supply with 25 MW Solar Projects

    Next Story

    Zimbabwe in Preparedness for 5G Networks

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent's Food Security

    Posted On 24 Jun 2022

    Ghana & Nigeria to Improve Cross-Border Trade

    Posted On 21 Jun 2022

    Tanzania Seeks to Reach New Record Cashew Production by 2025

    Posted On 16 Jun 2022

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent's Food Security

    Ghana & Nigeria to Improve Cross-Border Trade

    Tanzania Seeks to Reach New Record Cashew Production by 2025

    Recent Posts

    • Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent’s Food Security
    • Ghana & Nigeria to Improve Cross-Border Trade
    • Tanzania Seeks to Reach New Record Cashew Production by 2025
    • Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living
    • World Trade Organization published…Trade plays an Important facet in Access to Medical, Goods and Services

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.