The prominent Hollywood megastar Idris Elba plans to invest in a major film studio in Tanzania, the Director of Presidential Communication, Zuhura Yunus revealed upon briefing journalists on Monday about the outcome of President Samia’s recent trip to Davos Switzerland. Idris Elba and his wife Sabrina Elba encountered President Samia at Davos in Switzerland at...
The government yesterday signed a Memorandum of Understanding (MoU) with a United Arab Emirates (UAE) firm for the construction of petroleum receiving and storage infrastructures. The deal was signed by the Ministry of Energy and representatives of the UAE-based Emirates National Oil Company Group (ENOC). The decision aims at making Tanzania a petroleum hub in...
Today on January 25, 2023, the Chadema Deputy Chair, Tundu Lissu and the former MP for Eastern Singida in Tanzania arrived from Belgium, where he was self-exiled since 2020 after the general elections. Mr Lissu immediately flew out of the country after being defeated in the 2020 presidential race by the late John Pombe Magufuli,...
Trade volume between Tanzania and the 27 member states of the European Union (EU) stood at 1,306 million Euros (about 3.265tri/-) during the year 2021, with the latter enjoying the lion’s share of trade and investment. Speaking in Dar es Salaam yesterday ahead of the EU-Tanzania Business Forum slated for February 23 and 24 this...
African leaders are calling for more excellent private sector investment and support to fully realise the continent’s potential in the global energy transition. According to the president of Tanzania, building regional power pools in East and Southern Africa can ensure energy security across the continent. Africa is rich in natural resources and has the potential...
Tanzania’s diamond exports hit a record of $63.1 million (Sh147.46 billion) in the 11 months to November 2022, the Bank of Tanzania has revealed, a very sharp rise from the $8.4 million (Sh19.63 billion) that was recorded in the year to November 2021. The rise was attributed to the country’s diamond producer Williamson Mines which is...
In a bold move towards economic unity, the East Africa Community (EAC) has announced plans to implement a single currency within the next four years, despite the pushback by a technical working group that the deadline should be moved to 2031. He also revealed that the Council of Ministers representing the EAC is expected to...
Online freelancing platforms such as Upwork, Fiverr, and Freelancer, where individuals can offer their skills and services to clients from around the world. Social media platforms like Instagram, TikTok, and YouTube, where individuals can build a following and earn money through sponsored posts, affiliate marketing, and creating and selling their own products. Online marketplaces like...
Tanzania’s minister for Agriculture Hon, Hussein Bashe, has stated that Tanzania is not ready for GM crops. However, Tanzania has allocated funds for two high-end labs to research and understand GM crops before taking any further steps. “We first want to understand GMOs through research and then educate our farmers before we start using them”,...