The Public Procurement Regulatory Authority (PPRA) has outlined the transformative potential of Tanzania’s newly designed National e-Procurement System (NeST) for the country’s public procurement processes. NeST is an electronic system designed to facilitate various aspects of procurement, including e-registration, e-tendering, e-contract management, e-catalogue, and e-auction. Public procurement plays a pivotal role in Tanzania’s economy, contributing...
Op-Ed: Navigating the Global Oil Landscape: Key Players, Economic Impact, and Tanzania’s Path Forward.
For this request, I have decided to start my contribution by providing some facts and figures on the “global oil.” At the end, a concise recommendation is given. One has to firstly understand the foundation or basics on oil production, exportation, consumption, and concomitant economies of the key countries in the oil business. What is...
Dr. Wilibrod Slaa’s Lost benefits: Life After Diplomatic Status Revocation.
In a surprising and unexpected development, a government letter from the Information Department of the Tanzanian State House under President Samia Suluhu announced that Wilibrod Slaa had been stripped of his diplomatic status since yesterday, September 1, 2023. Wilibrod Slaa served as Tanzania’s ambassador to Sweden, having been appointed by the late President John Pombe...
Unveiling the untold history of the Catholic Church: Power, Controversies, and Global Influence.
The Catholic Church is one of the largest Christian denominations globally, with a long and rich history. The Church was founded nearly 2,000 years ago when Jesus Christ chose His twelve disciples and gave them the authority to establish a new Church. Saint Peter was the first leader of the Catholic Church, and after his...
Tanzania’s Police Chief issues strong warning against unrest amid port investment Dispute.
Tanzania’s Inspector General of Police (IGP), Camillus Wambura, has issued a stark caution against potential disturbances in the wake of a port investment dispute. The warning comes as tensions rise following a court ruling that upheld an investment contract involving DP World, a Dubai-based company, and a subsequent call for protests by some dissenting parties....
IMF praises Tanzania’s compliance with economic reform plan.
The International Monetary Fund (IMF) Deputy Managing Director Bo Li has concluded his visit to Tanzania with a firm commitment towards supporting the country’s efforts in unlocking its development potential. Mr Bo applauded the Tanzanian authorities’ efforts in implementing the country’s economic reform agenda. “I commended the authorities’ commitment to preserving Tanzania’s macroeconomic stability in...
Adani Ports Set to Win Bid for Development of Cargo Berths at Tanzania’s Dar es Salaam Port in Ambitious Expansion Plan
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest commercial port operator, is on the verge of securing the rights to develop and manage cargo berths at the main port of Dar es Salaam in Tanzania. Reports suggest that billionaire Gautam Adani is emerging from the Hindenburg episode and making his first significant acquisition,...
Kenya, Tanzania electricity line to be commissioned in December.
Kenya has completed the construction of its portion of a $309.26 million electricity transmission line that will allow power imports and exports with neighbouring Tanzania before the end of the year. Energy Cabinet Secretary Davis Chirchir Tuesday said Kenya was installing meters along the transmission line of 507.5-kilometres ahead of the commissioning by December. The...
Bank of Tanzania Cracks Down on Unauthorized Use of US Dollars for Local Transactions.
According to the statement issued by the Bank of Tanzania (BoT) on Tuesday, there has been a growing trend of pricing goods and services for locals in US dollars. The central bank emphasized that this practice is a violation of directives issued in August 2007 and December 2017, which prohibit domestic payments for goods and...
Enhancing Fertilizer Supply Chain in Tanzania: African Development Bank’s Investment in Agribusiness and Smallholder Farmer Support
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...