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...
The East African Community (EAC) has submitted the budget estimates for the 2023/2024 Financial Year to the East African Legislative Assembly (EALA), amounting to $103.842 million. This figure marks an increase from the previously approved budget of $91.57 million for the 2022/2023 Financial Year. Presenting the budget speech to the Assembly, Hon. Dr Ezéchiel Nibigira,...
Tanzania’s government has allocated an additional Sh195.65 billion towards its fertilizer subsidy program, bringing the total expenditure to Sh345.647 billion as of April 2023. The move was prompted by high demand from farmers. President Samia Suluhu Hassan first introduced the program in the 2022/23 season and aims to increase productivity and efficiency in the agricultural...
Tanzania’s foreign currency reserves have decreased from $5.581 billion in March 2022 to $5.012 billion in March 2023. This decline can be attributed to various factors, such as the ongoing war in Ukraine and the effects of the COVID-19 pandemic, which have significantly impacted global commodity prices. In addition, the country’s current account deficit has...
As individuals, we all have different life experiences and journeys, but specific skills could be valuable to learn before reaching the age of 30. These skills can help us navigate life’s challenges and prepare us for personal and professional growth. In this response, we will discuss ten essential skills one should learn before age 30....
Kenya’s Agriculture Minister Mithika Linturi and his Zambian counterpart Mtolo Phiri signed an MoU in March to herald a new era of large-scale farming of maize in Zambia for export to Nairobi, but concerns by the opposition over past treatment of locals raise fears about the deal. Kenyan representatives had first come to Lusaka looking...
The Director-General of the Tanzania Railway Corporation (TRC), Masanja Kadogosa, has said that the construction project of the Morogoro-Dar es Salaam section of the Standard Gauge Railway (SGR) has reached 97.93 percent and that the remaining work is to build overpasses for cars and pedestrians. The overpasses being built are somehow delaying full completion as...
The fight against malaria has received another breakthrough after scientists at Oxford University developed a cheaper vaccine that can be manufactured at a greater scale. The new vaccine can offer protection for two years and has been referred to as a ‘game changer in the fight against the disease. Malaria remains one of the top...
The content committee of the Tanzania Communications Authority (TCRA) has warned Broadcasting agencies in the country to focus on ethical broadcasting to protect society from inappropriate content. The Committee’s statement issued on August 29, 2022, explained that, in recent days, some social media users have been warning about the presence of television content on children’s...