Tanzania business news

2018 is considered a successful year of the livestock production sector, with the improvement of pork and chicken meat, in both quality and quantity. However, without suitable planning, redundancy may occur, threatening the economic effect of breeder as well as the sustainability of such an important sector for the country. … [Read more...] about BUSINESS NEWS IN BRIEF 28/12

Fran Wills, CEO of the Local Media Consortium, an alliance of 80 news companies representing 2,200 outlets, said Facebook is helping the group create a branded content programme aimed at attracting new advertisers. "Facebook is making this investment to help support local media companies ... open up new revenue streams that will support local journalism," she said. … [Read more...] about Facebook to invest $300 million to help local news survive

Oracle, a late entrant to the rapidly growing cloud-based software business, has aggressively stepped up its efforts to catch up with rivals such as Amazon.com Inc <AMZN.O>, Microsoft Corp <MSFT.O> and Salesforce.com Inc <CRM.N>. … [Read more...] about Oracle quarterly results beat on strength in cloud business

For the quarter ending in December, Apple's busiest due to the holiday shopping season, Apple reported revenue of $84.3 billion, slightly above analysts' average estimate of $84 billion. Apple warned in early January that the quarter's sales would miss targets it gave in November. … [Read more...] about Apple sees U.S.-China tensions easing, services business growing

(Reuters) - General Electric Co said on Monday it was selling its biopharma business to Danaher Corp for $21.4 billion (£16.4 billion), the company's biggest asset sale since it announced plans to break up the conglomerate last June. … [Read more...] about GE sells biopharma business to Danaher for $21.4 billion