In a groundbreaking revelation that has sent shockwaves through the global uranium industry, Majani Wambura, the Sustainability Manager at Mantra Tanzania, recently unveiled Tanzania’s pivotal role in the ever-expanding uranium market. In an exclusive interview with the Daily News, Wambura shed light on the nation’s extraordinary potential, fueled by a rich uranium deposit discovery dating...
Author: Mkufi Dindai (Mkufi Dindai)
Turkish Defense Industry Leader Raff Military Textile Explores Entry into Tanzanian Market.
Raff Military Textile, a prominent player in Turkey’s defence industry, has set its sights on expanding into the Tanzanian market, according to General Manager Eray Yükseloğlu. This strategic move was revealed during the Turkey-Tanzania Trade Delegation and B2B meetings hosted in Dar es Salaam, where business leaders from both nations converged. Yükseloğlu underscored the significance...
Exploring the Future of Energy: Tanzania Energy Congress 2023.
Written by: Christopher Makwaia Introduction. Energy efficiency is not just about saving money, it’s about saving the world. These profound words from Amory Lovins resonate deeply as we explore the vibrant energy landscape of Tanzania, at a pivotal juncture in its energy evolution, serves as the focal point of this discussion. The 5th edition of...
President Samia Launches Ambitious Bagamoyo Fishing Port Project to Drive Tanzania’s Blue Economy.
The government has unveiled plans to construct a fishing port in the Bagamoyo district as part of its strategy to bolster the blue economy. The President, Dr. Samia Suluhu Hassan made this announcement on September 19, 2023, as she laid the foundation stone for the fishing port project, which is estimated to cost TZS 266...
Tanzanian Ports Authority Announces Two Major Port Development Bids Amidst Debates Over Dubai Agreement.
In a recent announcement, the Tanzanian Ports Authority (TPA) has opened bidding for the construction of two key ports – Mgao Island in the Mtwara region and Mbegani in the Bagamoyo district, as well as the Tanga port. These bids come at a time when debates and discussions continue regarding the handover of all Tanzanian...
Farmers Rake in a Whopping TZS 32 Billion in Pigeon Pea Sales.
The Regional Commissioner of Lindi, Zainab Terack, made these remarks on September 18, 2023, while delivering a regional report in the presence of President Samia Suluhu Hassan during a public gathering, coinciding with the laying of the foundation stone for the road connecting Nanganga District in Mtwara to Ruangwa in Lindi. She explained that in...
Barrick Response to Globe and Mail Article on Payments Made by Barrick’s UK Subsidiary.
Released on the 14th September 2023 Earlier today, The Globe and Mail reported on payments made by Barrick’s UK subsidiary, Barrick TZ Limited, to a Tanzanian national law-enforcement task force, the NTF. The Globe and Mail’s article was based on documents that have been recently referenced in UK Court proceedings concerning claims for compensation by...
Payment Discrepancies in Barrick/Acacia to the Government Task Force in Tanzania (2014-2019).
This week, the UK newspaper, The Globe and Mail, has published over 100 emails concerning Tanzania. These emails shed light on how Barrick Gold, through their subsidiary Acacia in Tanzania, made substantial payments to what is referred to as the National Task Force in Tanzania as security expenses, with the main recipient being the Inspector...
Payment Discrepancies in Barrick/Acacia to the Government Task Force in Tanzania (2014-2019).
This week, the UK newspaper, The Globe and Mail, has published over 100 emails concerning Tanzania. These emails shed light on how Barrick Gold, through their subsidiary Acacia in Tanzania, made substantial payments to what is referred to as the National Task Force in Tanzania as security expenses, with the main recipient being the Inspector...
The value of Tanzania exports hit $12.9 billion in July 2023.
The value of export of goods and services in Tanzania hit $12.9 billion in July this year as compared to $12.2 billion recorded during the same period last year, driven by services receipts and non-traditional goods exports, in particular minerals, according to the Bank of Tanzania (BoT) Monthly Economic Review for August 2023. BoT data...