In a surprising turn of events, the Tanzanian Professional Boxing Regulatory Commission (TPBRC) has revoked the one-year suspension and one million Tanzanian Shillings fine imposed on boxer Hassan Mwakinyo. This decision comes just over a month since the initial penalty was announced on October 10, following Mwakinyo’s failure to step into the ring for his...
The Transport Regulatory Authority (LATRA) has unveiled changes to fare prices for both long and short-distance journeys following a comprehensive review of feedback from transport stakeholders across the country. As outlined by LATRA, the fare adjustments are as follows: For journeys covering a distance of less than 10 kilometers, where the previous fare was 500...
In a recent turn of events, Ms. Pauline Philipo Gekul, former Deputy Minister for Constitution and Legal Affairs, has been granted bail after a session of questioning at Babati Police Station on Sunday evening. The Member of Parliament representing Babati Urban and the proprietor of Paleii Lake View Garden is entangled in serious accusations of...
In its recent release of the Africa Trade Barometer 2023 report, the Standard Bank Group presents a comprehensive analysis of trade dynamics across the African continent, drawing insights from the experiences of businesses in ten key economies. The report, a valuable resource for various stakeholders such as businesses, entrepreneurs, students, governments, NGOs, and investors, sheds...
In a swift and decisive move, President Samia Suluhu has officially sacked Deputy Minister for Justice and Constitutional Affairs, Pauline Gekul, following disturbing allegations of torture. The State House Press released a statement today, confirming the expulsion of Gekul from her position in the government. The decision comes in response to serious accusations made by...
Standard Chartered Bank Kenya Ltd. shrunk its holdings of the East African nation’s government securities by 52% at a time when the investments are drawing attractive returns. The huge decline came as a surprise as the lender even took a trading loss of 2.3 billion shillings ($15 million) on the investments, Sterling Capital said in...
Somalia has officially become the eighth member of the East African Community (EAC), marking a significant development in the regional trade bloc. The announcement was made during a summit in Tanzania by the outgoing EAC chair, Burundian President Evariste Ndayishimiye. The EAC, founded in 2000, is dedicated to promoting trade by eliminating customs duties among...
The Rural Energy Agency (REA) reported a surge in applications for loans to establish rural filling stations, but only a handful made the cut. Of the 176 applications received after closing the tender in August, only 26 were deemed fit to proceed to the next round after scrutinization. The REA, aiming to reduce risks associated...
In a notable development, the Tanzania Bureau of Standards (TBS) has recently granted 145 certificates and licenses to manufacturers who have met the stringent criteria for product quality between June and November this year. This recognition underscores the commitment of these producers to adhering to required standards, facilitating their access to both regional and global...
In a sweeping triumph, Tanzania’s Serengeti National Park has clinched the prestigious title of the Best African Safari Park and Destination for the fourth consecutive year, according to a comprehensive analysis by SafariBookings. The accolade was awarded after evaluating 2,494 park reviews from both safari enthusiasts worldwide and an international team of safari experts. The...