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World biggest fish market set for new home TOKYO: As most of Tokyo sleeps, men in rubber boots haggle over tuna in the cavernous halls of Tsukiji market.The clang of a bell around 5:30 am kicks off the action at the world's biggest fish emporium. Traders flash hand signs and bellow out prices as they buy and sell what will soon end up on plates in the Japanese capital and beyond.Fins are lopped off to expose the red flesh among rows and rows of the hulking tuna carcasses, which are still moved around the market by wooden cart. In all, about $18 million worth of fish, seafood and vegetables over 2,900 tons change hands each day at the market."Do you see how we use hand signs?" asks one bidder, seconds after another man violently rings the bell and starts yelling out bids."This is exactly how people used to trade stocks in the old days."Major stock markets have shifted ...

Egypt's wheat supply sufficient to last until April 7 CAIRO: Egypt's wheat supply is sufficient to last the country until April 7, the supplies minister told Reuters on Sunday. Mohamed Abu Shadi said in a phone interview the government aimed to maintain six months worth of wheat stockpiles. Shadi said last month that the country's wheat supply was sufficient to last until March 5. Copyright Reuters, 2013 ...
South Africa's lowers wheat output forecast to 1.75mn tonnes JOHANNESBURG: South Africa lowered its 2013 wheat output forecast to 1.750 million tonnes from 1.752 million tonnes previously, the Crop Estimates Committee said on Friday. Copyright Reuters, 2013 ...
Uganda coffee exports jump 13pc in November KAMPALA: Uganda's coffee exports rose 13 percent in November from the same period in 2012, helped by increased yields in some growing areas, a source at industry regulator Uganda Coffee Development Authority (UCDA) said on Tuesday. Uganda is one of Africa's biggest coffee exporters and the crop is one of the government's main sources of foreign currency. "We are seeing a good crop but also farmers needed money for Christmas so they were forced to ...
Rains, gentle winds expected to boost Ivorian cocoa ABIDJAN: Steady rainfall and a mild onset to seasonal Harmattan winds across Ivory Coast's main cocoa growing regions should bolster bean quality through next month, farmers and analysts said on Monday. The 2013-14 season opened in the world's top cocoa grower in October, and exporters estimate that 683,000 tonnes of beans had been delivered to Ivorian ports by Dec. 15, up from 486,000 tonnes during the same period last season. Farmers told Reuters ...
Ivorian cocoa arrivals seen at 683,000 tonnes by Dec. 15 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 683,000 tonnes by December 15 since the start of the season in October, exporters estimated on Monday, up from 486,000 tonnes in the same period of the previous season. Exporters estimated around 96,000 tonnes of beans were delivered to the West African country's two ports of Abidjan and San Pedro between December 9 and 15, up from 63,000 tonnes during the same period ...
Tanzania arabica coffee prices fall as supply improves DAR ES SALAAM: Tanzania's arabica coffee prices fell at auction last week as supply of the commodity increased, regulator the Tanzania Coffee Board (TCB) said on Monday.The state-run TCB said 29,457 60-kg bags were offered at the latest sale and that 24,095 bags were purchased. At the previous sale, a total of 22,265 60-kg bags had been offered for sale, with 18,973 bags sold."Overall average prices at the Moshi exchange were down by $3.37 per ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln