According to a United Nations report, Tanzania is projected to be the third fastest-growing economy in Africa in 2023 with a growth rate of 5.6 percent, following Cote d’Ivoire and Rwanda. Cote d’Ivoire, the world’s largest producer of cocoa, is expected to register a growth rate of 6.5 percent due to successful technology-driven transformation and...
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...
The Tanzanian government recently disbursed $30 million (TZS 76.5 billion) to Winshear Gold Corp as part of an out-of-court settlement, resolving an investment dispute with the Canadian company. Winshear had initiated legal action at the International Centre for Settlement of Investment Disputes (ICSID), seeking approximately $100 million in damages resulting from the Tanzanian government’s cancellation...
India is the fifth largest investor in Tanzania, with about $3.7 billion in investments. The two countries have also signed six MoUs in communications, maritime security and sports. Tanzania has set a target of receiving $15 billion in Foreign Direct Investment (FDI) from India by 2025, Tanzanian President Samia Suluhu Hassan said on October 10....
In a significant development, India and Tanzania have strengthened their historic friendship by establishing a Strategic Partnership. The two nations, Prime Minister Narendra Modi of India and President Samia Suluhu Hassan of Tanzania, commemorated this momentous occasion at the MoU exchange program held at Hyderabad House in Delhi. Prime Minister Narendra Modi’s Remarks: Prime Minister...
President Samia Suluhu Hassan of Tanzania is set to engage in a bilateral dialogue with Prime Minister Narendra Modi in New Delhi today. This meeting will involve the exchange of Memoranda of Understanding (MoUs) covering various areas of collaboration between the two nations. President Samia Suluhu arrived in New Delhi yesterday for a four-day State...
In a significant diplomatic move, the President of the United Republic of Tanzania, Her Excellency Samia Suluhu Hassan, is poised to embark on an official visit to India from October 8th to October 11th, 2023. This visit comes in response to an invitation extended by the President of the Republic of India, Her Excellency Droupadi...
Cardinal Protase Rugambwa has called on Tanzanians to be ready to cultivate and uphold a culture of love, solidarity, and cooperation with people from other nationalities as part of the synodal process in building the Church. Cardinal Rugambwa made these remarks in Rome, Italy, shortly after being installed as a Cardinal by Pope Francis at...
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...
Making history Tanzania is making a historical leap for her economy, where, for the first time in 62 years of independence, the Central Bank of Tanzania (BOT), has opened a gold reserve that will be purchasing gold locally from local miners. Now, the country will not only rely on foreign currency reserves, as it has...