Kenya is on the verge of a groundbreaking development in its energy sector, with plans to commence the construction of its maiden nuclear power plant in 2027. This bold move aims to diversify the country’s energy sources, meet rising demand, and transition towards zero-carbon energy production. Justus Wabuyabo, the Acting CEO of the Nuclear Power...
In East Africa, the struggle with the scarcity and volatility of the dollar, high-interest rates, and limited access to credit deter potential investors. According to the “Report on the Ease of Doing Business in the East African Community (EAC) 2023” published by the East African Business Council (EABC), several factors are posing threats to businesses...
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...
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...
The Muhimbili National Hospital has achieved a groundbreaking milestone by performing its first-ever thoracic surgery to remove a lung tumor using a single small incision, a procedure led by world-renowned Thoracic Surgery Specialist, Dr. Diego Gonzalez Rivas from Spain. This remarkable medical feat signifies a significant advancement in the field of thoracic surgery, and it...
In a groundbreaking revelation that has sent shockwaves through the global uranium industry, Majani Wambura, the Sustainability Manager at Mantra Tanzania, recently unveiled Tanzania’s pivotal role in the ever-expanding uranium market. In an exclusive interview with the Daily News, Wambura shed light on the nation’s extraordinary potential, fueled by a rich uranium deposit discovery dating...
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...
The government has unveiled plans to construct a fishing port in the Bagamoyo district as part of its strategy to bolster the blue economy. The President, Dr. Samia Suluhu Hassan made this announcement on September 19, 2023, as she laid the foundation stone for the fishing port project, which is estimated to cost TZS 266...
The Regional Commissioner of Lindi, Zainab Terack, made these remarks on September 18, 2023, while delivering a regional report in the presence of President Samia Suluhu Hassan during a public gathering, coinciding with the laying of the foundation stone for the road connecting Nanganga District in Mtwara to Ruangwa in Lindi. She explained that in...
Released on the 14th September 2023 Earlier today, The Globe and Mail reported on payments made by Barrick’s UK subsidiary, Barrick TZ Limited, to a Tanzanian national law-enforcement task force, the NTF. The Globe and Mail’s article was based on documents that have been recently referenced in UK Court proceedings concerning claims for compensation by...