Price: $ 1295
BMI View: We continue to favour the Tanzanian sugar and coffee industries over the medium term owing to their potential for growth on the back of strong investment in capacity. The grain industry in Tanzania will remain less competitive than other countries in the region, particularly South Africa and Zambia, and we see little potential for the country to become a major grain exporter. Key Forecasts ? Rice production growth to 2016/17: 42.3% to 1.4mn tonnes. The rice sector will benefit from increased investment from foreign companies, which plan to cultivate rice in an effort to boost food security. New varieties also could boost yields in the medium term. ...
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