In a strategic move reflecting their commitment to excellence and continual growth, Dubai Ports’ “Kigali Logistics Platform” in Masaka sector, Kicukiro district, inaugurated two spacious warehouses on December 6. The new facilities, covering 2500 and 3000 square meters, mark a significant expansion, bringing the total to twelve warehouses within the past four years. Various officials...
Tanzania’s Insurance Boom: Unpacking the data behind President Samia Suluhu’s strategic initiatives.
In a data-driven analysis of Tanzania’s insurance sector, the surge witnessed in recent times can be dissected through the lens of specific initiatives championed by President Samia Suluhu’s administration. Gross Written Premiums (GWP) Growth The standout metric showcasing the industry’s robust health is the Gross Written Premiums (GWP). From TZS 911.5 billion in 2021, the...
Why did Uganda choose Tanzania’s Dar Port for its oil imports over Kenya?
In a recent development, Uganda has made a significant decision to opt for Tanzania’s Dar es Salaam port as its primary hub for oil imports, a move that has generated considerable attention and discussion. This decision comes on the heels of a diplomatic disagreement between Uganda and Kenya, resulting in a fallout that prompted Uganda...
Lake Victoria Ports Exceed Cargo Targets Amidst East African Cooperation.
Cargo handling at Lake Victoria ports increased to 79,000 tonnes in the first quarter of the current fiscal year, surpassing the target of 77,000 tonnes. This growth can be attributed to increased business activities among East African member states, as stated by Mr Francisco Mwanga, the Lake Victoria Ports’ Operations Officer, during an event welcoming...
Tanzania’s growth expected to reach 5.3 pct by year end.
Tanzania has demonstrated robust economic growth in the first and second quarters of this year, with a growth rate of 5.4 percent and 5.2 percent, respectively. According to the Monetary Policy Committee (MPC) Meeting Statement released by the Central Bank, this growth is expected to reach 5.3 percent by the end of the year. The...
Remarkable Progress: Tanzania Achieves 80% Reduction in Maternal Mortality Rates.
President Samia Suluhu Hassan announced that maternal deaths among mothers have decreased from 530 maternal deaths per 100,000 live births in 2015/2016 to 104 maternal deaths per 100,000 live births in 2022. She made these remarks on October 28, 2028, during the launch of the Maternal and Child Health Research Report and Malaria Indicators in...
Dr. Tulia Ackson Triumpths as IPU President – A resounding victory for African Leadership.
In a watershed moment for African leadership, Dr. Tulia Ackson has clinched victory as the President of the Inter-Parliamentary Union (IPU). This remarkable win not only crowns her distinguished career but stands as a testament to the strength, resilience, and visionary leadership she brings to the global stage. I take pride in noting that I...
DP World: Pioneering the Future of Global Supply Chains with $6 Billion Investment.
DP World, under the leadership of CEO Sultan Ahmed bin Sulayem, has undergone a remarkable transformation into a comprehensive supply chain player, investing over $6 billion in this strategic evolution. Bin Sulayem discussed this journey during a session titled ‘Trade in a Changing World’ at the 21st Arab Media Forum in Dubai, moderated by Egyptian...
East and Central Africa’s Largest Glass Industry Unveiled in Pwani , a $311 Million Marvel Creating 1,650 Jobs.
Today marks a momentous occasion for Tanzania’s investment sector and industrial development. The persistent efforts to attract investors to the industrial sector have borne fruit, as numerous industrial ventures have flourished within the nation. In the coastal region of Pwani, statistics reveal the presence of at least 1,525 industrial establishments of varying significance. Moreover, as...
Coups in Francophone Africa in past three years – a timeline
There have been eight governments overthrown in Francophone Africa countries in the last three years. A group of former colonies, with a previous reputation for military takeovers, have lapsed once once more in the repeated coups. The addition of Gabon to the list of recidivists will alarm long-term holdouts like Cameroon’s Paul Biya part of...