China’s CNOOC Ltd is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corporation as the East African nation seeks to boost the development of its natural resources. The joint will be conducted in the deep-sea blocks 4/1B and 4/1C held by TPDC, according to Tanzania Energy Minister January Makamba. The acreage is...
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...
In a significant diplomatic move, the Minister of Energy in Tanzania, the Honourable January Makamba, embarked on an official visit to China in response to an invitation from China’s Minister of Energy, Dr Jianhua Zhang of the National Energy Administration. The visit, aimed at strengthening bilateral ties, witnessed fruitful discussions between Minister Makamba and his...
Kenya’s President William Ruto has unveiled an ambitious plan to lease and revitalize five critical ports through a public-private partnership (PPP) worth $1.4 trillion. The initiative aims to enhance the country’s maritime industry and improve competitiveness along the northern corridor. Under the proposal, the Kenya Development Corporation (KDC), a development finance institution, has confirmed that...
According to the National Bureau of Statistics (NBS) in Tanzania, the country’s annual Headline Inflation Rate fell to 4.0 per cent in May 2023, compared to 4.3 per cent in April 2023. This means that the rate at which prices of goods and services changed in May 2023 decreased compared to April 2023. The overall...
Parliament is this month expected to debate and approve the Intergovernmental Agreement (IGA) between Tanzania and Dubai on developing Dar es Salaam Port, The Citizen can reveal. This will set the stage for other procedures, including the concession agreement, before the commencement of a new chapter for cooperation between the Tanzania Ports Authority (TPA) and...
In April 2023, the President of the United Republic of Tanzania, Her Excellency Dr. Samia Suluhu Hassan, granted approval for the recruitment of 21,200 new government employees. Out of these positions, 13,130 were allocated to the teaching profession and 8,070 to various healthcare roles. Following the issuance of the employment approval, @ortamisemitz, an official government...
The Kikagati-Murongo hydropower project, a joint venture between Tanzania and Uganda, has its roots in a historical background of regional cooperation and shared energy resources. The idea for harnessing the hydropower potential of the Kagera River, which forms the border between the two East African countries, dates back several years. Recognizing the immense benefits of...
Tanzania’s Central Bank has released its latest Monetary Policy Committee (MPC) statement, revealing that the country’s foreign exchange reserves stood at $4.9 billion at the end of April 2023. This marks a decline from the $5.5 billion recorded in April 2022. Despite the decrease, the reserves are deemed sufficient to cover 4.4 months of imports,...
In a momentous event, President Samia Suluhu officially unveiled Tanzania’s grand new State House in Dodoma on May 20. This majestic structure dwarfs its predecessor in Dar es Salaam, with a staggering size that is 200 times larger. The sheer scale of the Dodoma State House is awe-inspiring, occupying an expansive land area of 8,473...