World bank ranks: Kenya second on logistics

World bank ranks: Kenya second on logistics

Volt Resources lodges draft prospectus to raise US$40 million for Bunyu graphite project
11:12 27 Mar 2018
Management expects stage I should be capable of producing about 20,000 tonnes per annum of high-quality graphite.
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The $40 million in financing will clear the way for possible first production in 2018


Volt Resources Ltd (ASX:VRC) will today lodge the draft prospectus for its US$40 million note issue.

The draft prospectus will be lodged with the Tanzanian Capital Markets and Securities Authority (CMSA) and the Dar es Salaam Stock Exchange (DES).

This news should be well received by investors, as following a review of the note issue it will be forwarded to potential investors in Tanzania, Uganda and Kenya.

Financing for Bunyu graphite project
Investment via the note issue will potentially provide Volt with a portion of the capital required to develop stage I of the Bunyu Graphite Project in Tanzania.

Management expects this should be capable of producing about 20,000 tonnes per annum of high-quality graphite products.

READ: Volt Resources Limited's Bunyu Graphite Project prepares for first production in 2018
Volt is undertaking the note issue in partnership with specialist investment bank Exotix Capital.

Orbit Securities has been appointed as the co-lead advisor and placing broker for the Tanzanian note issue alongside Exotix.

Graphite producers unlikely to be impacted by regulatory changes
Volt has been interrupted in developing the project because of concerns regarding regulatory changes to the mining industry in Tanzania.

However, it would appear that changes are unlikely to impact producers of industrial metals and that it will be more the precious metals and diamond sectors that are affected.

Volt Resources lodges draft prospectus to raise US$40 million for Bunyu graphite project
 
TAZARA gets new directors
ippmedia.com/en/news/tazara-gets-new-directors

March 27, 2018
27Mar 2018

The Guardian Reporter

News
The Guardian

TAZARA gets new directors

TANZANIA-Zambia Railway Authority (TAZARA) has appointed three board members replacing those whose terms of office had expired.

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The newly appointed directors are Prof Razack Bakari Lokina, Rukia Diwani Shamte and Stanslous John Sichalwe.

The ministers responsible for Transport in Tanzania and Zambia, Makame Mbarawa and Brian Mushimba made the respective appointments in accordance with the TAZARA Act.

Mushimba also renewed the membership for Peter Kazhila whose first term as a director expired in December, 2017.

According to a statement issued yesterday by Tanzania-Zambia railway authority head public relations Conrad K Simuchile, the term of office for Zambia’s other member of the board from the private sector, Kazhila, has been extended for another three years.

The TAZARA Act, 1995, provides for the establishment and composition of the board of directors and stipulates that it shall consist of six members, including the permanent secretaries in the ministries responsible for transport in Tanzania and Zambia, and four other members with experience in either transport, commerce, industry or finance appointed by the ministers responsible for transport in Tanzania and Zambia, respectively.

The TAZARA Act, 1995, provides for the establishment and composition of the board of directors and stipulates that it shall consist of six members, including the permanent secretaries in the ministries responsible for transport in Tanzania and Zambia, and four other members with experience in either transport, commerce, industry or finance appointed by the ministers responsible for transport in Tanzania and Zambia, respectively.

TAZARA is bi-national railway jointly owned by the Governments of the United Republic of Tanzania and the Republic of Zambia on a 50-50 shareholding basis. The 1,860km-railway was built as a turn-key project, with financial support from the People’s Republic of China between 1970 and 1975.

It connects landlocked Zambia to the seaport of Dar es Salaam in Tanzania and further provides road and railway inter-connectivity to other parts of Southern Africa.

In essence, TAZARA provides a communication backbone for the three regional groupings of SADC, COMESA and the East African Community.

For Central and Southern African hinterland importers and exporters with business ties to the Middle-East and Asian countries, including China, TAZARA provides the shortest route to the sea, through the port of Dar es Salaam and is therefore a vital rail link in the logistical chain.
 





[HASHTAG]#BreakingNews[/HASHTAG] as #AirTanzania’s third Bombardier Q400NextGen finally enroute to Dar es Salaam

DELIVERY OF THIRD [HASHTAG]#BOMBARDIER[/HASHTAG] Q400NG EXPECTED TO BOOST AIR TANZANIA OPERATIONS

(Posted 31st March 2018)

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(Photo by Dave Potter / Jetphotos)

Air Tanzania’s third brand new Q400NextGen is expected to arrive in Dar es Salaam tomorrow following a four day ferry flight after the aircraft was released and could finally commence its delivery run.
Taking off on the 29th of March from Montreal did the first leg of the extensive delivery flight land Goose Bay before continuing to Iceland’s Reykjavik for crew rest before on the 30th of March then flying on to Southend for a fuel stop before continuing to the Greek city of Heraklion for another night stop.
Still registered in Canada as C-FUFC will the aircraft now embark on the final legs of the journey, eventually arriving in Dar es Salaam over the Easter weekend.

The aircraft was due for delivery in July last year but, as reported here, was not allowed to leave Canada over an outstanding government debt, leaving the new plane sitting on the ground instead of being deployed and earn revenue.
Initially denied by mouthpieces in Dar es Salaam could the truth however not remain hidden after media in Canada – and reports filed here – confirmed the story.
Third Air Tanzania Bombardier Q400NextGen confiscated in Canada over government debts

With the legal situation eventually brought under control was Bombardier then able to hand over the aircraft to the new owners, a Tanzanian aviation parastatal organization, which in turn will lease the aircraft to Air Tanzania.

Next to be delivered will be two Bombardier CS300 aircraft, the first ever to be sold to an African airline, followed by a Boeing B787-8, all three aircraft due to join the ATCL fleet by mid 2018.

[HASHTAG]#BreakingNews[/HASHTAG] as #AirTanzania’s third Bombardier Q400NextGen finally enroute to Dar es Salaam
 


2018 AVIATOR / RSS

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Air Tanzania plans to acquire a second B787 as it expands internationally
21 March 2018
Air Tanzania to take delivery of its first B787 in July 2018, as part of the government's purchase of six new aircraft between 2016 and 2018, which includes two CS300s and three already delivered Q400s. The carrier is currently in talks with Boeing to acquire another Dreamliner in the near future, according to the airline's chief executive, Ladislaus Matindi.

By July 2018, Air Tanzania will be operating a fleet of seven aircraft, including on existing Q300.

“We aim to establish our long-haul capability by starting flights to Europe, Asia and the US in the short-term” said Mr. Matindi, referring to the B787. China and India will be the intitial focus before targeting Europe.

Air Tanzania plans to utilize the incoming C300s on six regional routes in Southern and West Africa, including South Africa, Zambia and Zimbabwe intitially, followed by Ghana and Nigeria.

No word yet on exact delivery dates of the CS300s, although one has been reportedly pegged for delivery in July as well.

Air Tanzania also plans to obtain its IOSA certification from IATA by June 2018, in hopes of securing commercial partnerships.

Air Tanzania plans to acquire a second B787 as it expands internationally
 
Positioning TCAA to offer airspace services n attracting more international flights to boost tourism n trade, a total of 4 radars will be installed in 4 strategic points at Mwanza, Kilimanjaro, Julius Nyerere n Songwe international airports.




MY TAKE
It has to be noted KCAA offered this service before to the region. We thank them for their services.



nomasana, sam999, NairobiWalker, hbuyosh, msemakweli, simplemind, Kimweri, Bulldog, MK254, Kafrican, Ngongo, Ab_Titchaz, mtanganyika mpya, JokaKuu, Ngongo, Askari Kanzu, Dhuks, Yule-Msee, waltham, Mzee, mombasite gabriel, Juakali1980, Boda254, mwaswast, MwendaOmo, Iconoclastes, oneflash, Kambalanick, 1 Africa, saadeque, burukenge, nyangau mkenya, Teen-Upperhill Nairobi, kadoda11, pingli-nywee
 
 
Tanzania receives third aircraft in plan to revive national carrier
Tuesday, April 3, 2018 12:06
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President Magufuli. Tanzanian government has purchased the plane for $32 million from Canada's Bombardier Aerospace. FILE PHOTO | NMG





Tanzania has received its third aircraft of the six that President John Magufuli administration plans to acquire in order to revive State-owned Air Tanzania.

On Monday, the third aircraft touched ground at the Julius Nyerere International Airport (JNIA) on Monday.

The plane, a Bombardier Q-400, touched ground at 5.07 PM, with President Magufuli gracing the event to receive it.

The government has purchased the plane for $32 million from Canada's Bombardier Aerospace.

Two years ago, Tanzania developed a programme to revitalise its national carrier — Air Tanzania.

READ: IATA Africa numbers point to better prospects for KQ

The programme included purchasing six new aircraft between 2016 and 2018, payment of debts and provision of start-up capital, improvement and modernisation of business systems.

"We will receive three more aircrafts. This time, jets. We will have a Boeing 787-8 Dreamliner and two Bombardier C300 series. They will arrive before the end of this year,” President Magufuli said on Monday.

On Monday, the president also laid a foundation stone for installation of four radar systems in the capital Dar es Salaam.

The radars are to be installed at the JNIA, Kilimanjaro, Mwanza and Songwe airports within 18 months. The project is prty of the Tanzania's Civil Aviation Authority (TCAA) strategy to improve civil aviation in the county.

"The project will also facilitate search and rescue operations in case of emergency or air accidents. This will enable the country meet the International Civil Aviation Organisation (ICAO)'s standards and guidelines," TCAA director-general Hamsa Johari said.

Air Tanzania was established as Air Tanzania Corporation (ATC) on September in 1977 after the collapse of the regional East African Airways.

Since then, the airline had been operating at a loss and depending on government subsidies.

The airline lost all its regional and international routes after grounding its aircraft which included Nairobi, Johannesburg, Jeddah, Milan, Frankfurt, London and Mumbai.

Tanzania receives third aircraft in plan to revive national


nomasana, sam999, NairobiWalker, hbuyosh, msemakweli, simplemind, Kimweri, Bulldog, MK254, Kafrican, Ngongo, Ab_Titchaz, mtanganyika mpya, JokaKuu, Ngongo, Askari Kanzu, Dhuks, Yule-Msee, waltham, Mzee, mombasite gabriel, Juakali1980, Boda254, mwaswast, MwendaOmo, Iconoclastes, oneflash, Kambalanick, 1 Africa, saadeque, burukenge, nyangau mkenya, Teen-Upperhill Nairobi, kadoda11, pingli-nywee
 
mwaswast said:
Si unashindaga Kenya babaa nini hujui? Hap kwetu tunaleta picha sio maneno ati ooh! tutajenga tuta sijui tutanunua dreamliner, tutatoka LDC 2030.....😀😀😀😛😛😛
Click to expand...

The US3 bln Stiegler's Gorge inaanza July! mwambie Kunyatta aache kulala...
 
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