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DP World expands Kigali Logistics Platform: Unveiling State-of-the-Art warehouses for future-ready operations.
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DP World expands Kigali Logistics Platform: Unveiling State-of-the-Art warehouses for future-ready operations.

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.
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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...

Tanzania’s Foreign Currency Situation Improves With Tourism, Exports, and Bank Measures.
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Tanzania’s Foreign Currency Situation Improves With Tourism, Exports, and Bank Measures.

Tanzania’s foreign currency situation is expected to continue improving, thanks to various factors. Foreign exchange inflows from tourism, export crops, and minerals, along with measures implemented by the Bank of Tanzania (BoT) and the government, contribute to this positive trend. According to the latest statement from the Monetary Policy Committee (MPC) released by the Central...

Tanzania’s current account deficit narrows to $4.02 billion in August on tourism earnings.
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Tanzania’s current account deficit narrows to $4.02 billion in August on tourism earnings.

Tanzania’s current account deficit narrowed to $4.02 billion in August this year compared to $4.26 billion recorded during the preceding month of July, according to the Bank of Tanzania (BoT) Monthly Economic Review for September. “Notwithstanding the shocks, the current account balance has improved, attributed to heightened seasonal earnings from tourism activities,” the Central Bank...

Honorary Doctorate Conferred Upon President Samia Suluhu Hassan: Recognizing Reasons for the Prestigious Honor.
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Honorary Doctorate Conferred Upon President Samia Suluhu Hassan: Recognizing Reasons for the Prestigious Honor.

On October 10, 2023, the renowned Jawaharlal Nehru University in India conferred an Honorary Doctorate (Doctorate Honoris Causa) upon the President of Tanzania, Samia Suluhu Hassan, making her the first woman to receive such an honour from the university. President Samia received this honorary doctorate almost a year after the University of Dar es Salaam...

President Samia’s Visit to Qatar Brings set to bring joy to Fruit and Vegetable Farmers in Tanzania.
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President Samia’s Visit to Qatar Brings set to bring joy to Fruit and Vegetable Farmers in Tanzania.

The President of the United Republic of Tanzania, Samia Suluhu Hassan, attended the Doha International Horticulture Expo 2023 in Qatar, which is set to run from October 2, 2023, to March 28, 2024. This visit is part of President Samia Suluhu’s ongoing efforts to open up Tanzania to economic diplomacy, fostering opportunities for local producers...

The Growing Influence of Online Gambling on Tanzanian Youth and the Economy.
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The Growing Influence of Online Gambling on Tanzanian Youth and the Economy.

In Tanzania’s vibrant streets and neighbourhoods, an increasing number of young people are pinning their hopes on striking it rich through virtual gambling. This aspiration has become more attainable than ever, thanks to the convenience of betting at one’s fingertips. In the palm of many Tanzanian hands, you’ll find a mobile phone device that makes...

East and Central Africa’s Largest Glass Industry Unveiled in Pwani , a $311 Million Marvel Creating 1,650 Jobs.
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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...

Turkish Defense Industry Leader Raff Military Textile Explores Entry into Tanzanian Market.
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Turkish Defense Industry Leader Raff Military Textile Explores Entry into Tanzanian Market.

Raff Military Textile, a prominent player in Turkey’s defence industry, has set its sights on expanding into the Tanzanian market, according to General Manager Eray Yükseloğlu. This strategic move was revealed during the Turkey-Tanzania Trade Delegation and B2B meetings hosted in Dar es Salaam, where business leaders from both nations converged. Yükseloğlu underscored the significance...

President Samia Suluhu’s Remarkable Speech at BRICS Summit: Envisioning Global Cooperation and Development Goals.
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President Samia Suluhu’s Remarkable Speech at BRICS Summit: Envisioning Global Cooperation and Development Goals.

In a historic moment, President Samia Suluhu of the United Republic of Tanzania addressed the BRICS summit on August 24, 2023, marking her as the first Tanzanian President to participate in such a platform. The summit, hosted by South Africa, the current chair of BRICS, has gathered the leaders of Brazil, Russia, India, China, and...