Author: Mkufi Dindai (Mkufi Dindai)

Farmers Rake in a Whopping TZS 32 Billion in Pigeon Pea Sales.
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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.
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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).
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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).
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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.
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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...

African Union Granted Permanent Membership in G20: A Landmark Decision at New Delhi Summit.
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African Union Granted Permanent Membership in G20: A Landmark Decision at New Delhi Summit.

During the recent G20 summit held in New Delhi, Indian Prime Minister Narendra Modi announced a historic development – the African Union, a continental organization consisting of 55 member states, was granted permanent membership within the esteemed G20, a group comprised of the world’s wealthiest and most influential nations. This decision elevates the African Union...

Tanzanian Billionaire Mohammed Dewji Eyes $100 Million Investment in Rwanda.
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Tanzanian Billionaire Mohammed Dewji Eyes $100 Million Investment in Rwanda.

Renowned Tanzanian billionaire, Mohammed Dewji, has recently expressed a keen interest in channeling investments into Rwanda through his corporate conglomerate, MeTL Group. With a significant presence in over ten African nations, MeTL Group is poised to extend its economic reach. On the 6th of September, this Dar es Salaam-based tycoon, boasting a staggering net worth...

President Samia Suluhu Hassan’s Vision: Three-Quarters of Seeds to be Locally Produced in Tanzania by 2025.
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President Samia Suluhu Hassan’s Vision: Three-Quarters of Seeds to be Locally Produced in Tanzania by 2025.

President Samia Suluhu Hassan has announced that the government has empowered its seed production centers to ensure that by 2025, three-quarters of the seeds used in the country are locally produced. She made this statement while responding to a question from a young attendee at the 2023 African Green Revolution Forum (AGRF) held at the...

Empowering the Youth: President Samia Suluhu’s Vision for Agriculture at the 13th Africa Food Systems Forum in Tanzania.
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Empowering the Youth: President Samia Suluhu’s Vision for Agriculture at the 13th Africa Food Systems Forum in Tanzania.

The 13th Africa Food Systems Forum is currently underway in Dar es Salaam, Tanzania, from September 5, 2023, to September 8, 2023. This forum has brought together a diverse array of participants from the private sector and various governments worldwide. President Samia Suluhu began her speech by acknowledging the significance of the youth demographic in...

Op-Ed: Navigating the Global Oil Landscape: Key Players, Economic Impact, and Tanzania’s Path Forward.
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Op-Ed: Navigating the Global Oil Landscape: Key Players, Economic Impact, and Tanzania’s Path Forward.

For this request, I have decided to start my contribution by providing some facts and figures on the “global oil.” At the end, a concise recommendation is given. One has to firstly understand the foundation or basics on oil production, exportation, consumption, and concomitant economies of the key countries in the oil business. What is...