Tanzania’s General Tyre seeking investors: report

Dar es Salaam – The government of Tanzania is seeking to breathe a new line of life into the operations of General Tyre East Africa Ltd, which have been idle since 2009, local press reported 22 Aug.

According to Tanzanian Daily News, the Arusha-based factory has now been fully transferred to the state-owned national development corp. (NDC), which will seek to revive the company.

Speaking to Daily News,  an NDC official said that a German company had expressed interest in investing in the plant.

As previously reported by…

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