TAKUKURU, in executing its anti-corruption mandate, monitored public resources in 1800 development projects worth 7.7 trillion to detect indicators of corruption and misappropriation of public resources and ensure adherence to the bill of quantity estimates. Projects monitored included the construction of the Dodoma ring road, development projects implemented through the force account method in Arusha...
Tanzania’s remarkable economic trajectory has propelled it to the forefront of East Africa’s financial landscape. With Moody’s recent sovereign credit rating upgrade to B1, Tanzania surpasses regional counterparts. This leap places Tanzania ahead of Kenya, Uganda, and Rwanda, signalling a significant milestone in its economic journey. Moody’s decision to elevate Tanzania’s credit rating underscores the...
WAZIRI wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, January Makamba, amesema ziara za Rais Samia Suluhu Hassan zimeiwezesha nchi kupata miradi ya zaidi ya USD bilioni 5.6 na mtaji unaoingizwa nchini kukua kutoka USD Bilioni 1 moja mwaka 2020 hadi USD Bilioni 5.6 mwaka huu. Akizungumza katika mahojiano maalum na waandishi wa habari...
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...
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...
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...
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 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...
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...
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...