In April 2023, the President of the United Republic of Tanzania, Her Excellency Dr. Samia Suluhu Hassan, granted approval for the recruitment of 21,200 new government employees. Out of these positions, 13,130 were allocated to the teaching profession and 8,070 to various healthcare roles. Following the issuance of the employment approval, @ortamisemitz, an official government...
Tanzania is planning to launch its 5th oil and gas licensing round by the end of 2023 to revive interest in its exploration and production sector. The country has seen a decline in activity in recent years due to anti-private sector policies under the late President John Magufuli. However, since President Samia Hassan took office...
The Africa Fertilizer Financing Mechanism (AFFM), managed by the African Development Bank (AfDB), will provide the African Fertilizer and Agribusiness Partnership (AFAP) in Tanzania a $2 million partial credit guarantee to assist suppliers and importers in purchasing fertilizer for Tanzanian hub agro-dealers. Additionally, a $528,600 grant will cover 94% of the project’s recurrent costs, with...
The Kikagati-Murongo hydropower project, a joint venture between Tanzania and Uganda, has its roots in a historical background of regional cooperation and shared energy resources. The idea for harnessing the hydropower potential of the Kagera River, which forms the border between the two East African countries, dates back several years. Recognizing the immense benefits of...
Tanzania’s Central Bank has released its latest Monetary Policy Committee (MPC) statement, revealing that the country’s foreign exchange reserves stood at $4.9 billion at the end of April 2023. This marks a decline from the $5.5 billion recorded in April 2022. Despite the decrease, the reserves are deemed sufficient to cover 4.4 months of imports,...
According to the latest Monetary Policy Committee (MPC) Statement released by the Central Bank of Tanzania, Tanzania’s inflation is expected to remain low for the remainder of the year. This expectation is based on several factors. Firstly, there is an anticipated further decline in food and energy prices in the global market. The statement highlights...
In the latest Container Port Performance Index released by the World Bank, ports in Dar es Salaam, Djibouti, and Berbera have surpassed Mombasa in terms of efficiency. The main port in Kenya, Mombasa, experienced a notable decline in its ranking, dropping to position 326 out of the 348 ports evaluated worldwide in 2022. This represents...
In a momentous event, President Samia Suluhu officially unveiled Tanzania’s grand new State House in Dodoma on May 20. This majestic structure dwarfs its predecessor in Dar es Salaam, with a staggering size that is 200 times larger. The sheer scale of the Dodoma State House is awe-inspiring, occupying an expansive land area of 8,473...
In a significant development, Shell and Equinor have received the green light to forge ahead with their ambitious Tanzania LNG project, following successful negotiations and the signing of crucial agreements with the Tanzanian government. The completion of the highly anticipated host government agreement (HGA) and production sharing agreement (PSA) now allows the two energy giants...
Na Hamza Karama, Kariakoo DSM Kwa ufupi. Wafanyabiashara wakubwa wakwepa kodi tangu enzi za Awamu ya Nne watajwa kuwa chanzo cha mgomo Maamuzi ya Rais Samia ya kutuma timu ya mawaziri Kariakoo yazima mgogoro Kamati ya watu 14 kutoka Serikalini, wafanyabiashara yapewa jukumu la kumaliza mzizi wa fitna IMEBAINIKA kuwa wafanyabiashara wakubwa wanaokwepa kodi za...