Tanzania and Morocco are set to finalize their talks next week for the construction of a fertilizer blending facility to be established at Kisarawe, Coastal Region. The discussion about that goal started way back in 2016. Progress has been slow until recently when President Samia Suluhu Hassan visited Senegal, where she also met with and...
The value of exports of goods and services in Tanzania increased to $12.0 billion during 2022 from $9.87 billion recorded in 2021, driven by non-traditional exports, particularly manufactured goods and minerals and services receipts from tourism according to the Bank of Tanzania (BoT) Monthly Economic Review for January 2023. “The increase in exports of manufactured...
President Samia Suluhu Hassan has announced a new commission to assess the performance of Tanzania’s embassies abroad. She made the revelation on Tuesday at the Chamwino State House in Dodoma when launching the commission for Criminal Justice Institutions tasked to assess and recommend how to improve justice. She said after two or three weeks, the...
The prominent Hollywood megastar Idris Elba plans to invest in a major film studio in Tanzania, the Director of Presidential Communication, Zuhura Yunus revealed upon briefing journalists on Monday about the outcome of President Samia’s recent trip to Davos Switzerland. Idris Elba and his wife Sabrina Elba encountered President Samia at Davos in Switzerland at...
The government yesterday signed a Memorandum of Understanding (MoU) with a United Arab Emirates (UAE) firm for the construction of petroleum receiving and storage infrastructures. The deal was signed by the Ministry of Energy and representatives of the UAE-based Emirates National Oil Company Group (ENOC). The decision aims at making Tanzania a petroleum hub in...
Today on January 25, 2023, the Chadema Deputy Chair, Tundu Lissu and the former MP for Eastern Singida in Tanzania arrived from Belgium, where he was self-exiled since 2020 after the general elections. Mr Lissu immediately flew out of the country after being defeated in the 2020 presidential race by the late John Pombe Magufuli,...
Trade volume between Tanzania and the 27 member states of the European Union (EU) stood at 1,306 million Euros (about 3.265tri/-) during the year 2021, with the latter enjoying the lion’s share of trade and investment. Speaking in Dar es Salaam yesterday ahead of the EU-Tanzania Business Forum slated for February 23 and 24 this...
African leaders are calling for more excellent private sector investment and support to fully realise the continent’s potential in the global energy transition. According to the president of Tanzania, building regional power pools in East and Southern Africa can ensure energy security across the continent. Africa is rich in natural resources and has the potential...
Tanzania’s diamond exports hit a record of $63.1 million (Sh147.46 billion) in the 11 months to November 2022, the Bank of Tanzania has revealed, a very sharp rise from the $8.4 million (Sh19.63 billion) that was recorded in the year to November 2021. The rise was attributed to the country’s diamond producer Williamson Mines which is...
