Sectors
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Global oil demand returns to growth trajectory
Record global petroleum consumption is on the cards for 2024, according to the U.S. Energy Information Administration’s first forecast for...
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Copper tops $9 000 as China reopening boosts outlook for demand
Copper rose above $9 000 a ton for the first time since June, fueled by optimism that China’s reopening will...
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Oil prices may rebound to $105 on solid demand growth, Goldman Sachs says
US investment bank Goldman Sachs expects Brent crude to trade at $105 a barrel by the fourth quarter of 2023,...
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Gold posts marginal gain in 2022, up 3% in December – WGC
A 3% gain in December, owing to a weaker dollar, took the value of gold to $1 814/oz, resulting in...
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World food prices dip in December – FAO
The index of world food prices dipped for the ninth consecutive month in December 2022, declining by 1.9 percent from...
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Will 2023 be the ‘mixed bag’ everyone’s expecting for shipping?
2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker...
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Tanzania’s mining sector registered a 9.8 pct growth rate in Q3, 2022
Mining activity in Tanzania recorded a growth rate of 9.8 per cent in third quarter 2022 compared to a growth...
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Tanzania finalizing talks to tap into lucrative avocado export trade
Tanzania is in the final stage to accomplish bilateral trade agreements to facilitate the exportation of its agricultural commodities mainly...
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Lawrence Masha steps down as Tanga Cement Board Chairman after nine years at the helm
Tanga Cement PLC has announced that its Board Chairman Lawrence Masha resigned from his position with effect from December 15,...
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Oil prices rise as China lifts COVID-19 restrictions
Oil prices climbed above $80 per barrel on Tuesday, as China eased COVID-19 restrictions and winter storms in the US...
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