By Hamza Bavuai, Unguja The 8th phase government in Zanzibar under the leadership of HE. Dr Hussein A. Mwinyi has prioritized deliberate efforts to attract investment in Zanzibar. A very tall order, all things considered, seeing as President Mwinyi took office in the middle of a global pandemic. The fact that a significant portion of...
Tanzania’s President Samia has presented $18 billion plan to build renewable power generation in southern Africa at talks in Egypt as leaders from the continent seek to increase climate finance in the region. Under the proposal, a bloc of 12 countries in the region would increase generation by about 8.4 gigawatts from sources such as...
Tanzania will sign key agreements with oil majors, including Equinor ASA and Shell Plc, next month to pave the way for a planned $40 billion liquefied natural gas export project, according to the nation’s Energy Minister January Makamba. “It’s happening,” January Makamba said in an interview in Sharm el-Sheikh, Egypt, where he is attending the...
Zitto Kabwe, an outspoken opposition leader and the leader of the fledging oppositional party ACT Wazalendo in Tanzania, has praised the underway political reconciliation strategy pioneered by Her excellency President Samia Suluhu. President Samia’s political reconciliation strategy aims to create a congenial political environment in Tanzania that would leverage socio-economic and political development. At Lake...
President Samia’s 4-day visit to the western region of Tanzania Kigoma has witnessed the launching of several crucial development projects such as hospitals, roads, electricity transmission projects and ports. One crucial and strategic project for which President Samia Suluhu laid the foundation is Kibirisi port’s expansion. The expansion involves improvements to the three ports of...
The Energy and Petroleum Regulatory Authority (EPRA) has revealed that it is considering giving a licence to Tanzanian firm Taifa Gas Investment to construct a liquefied petroleum gas (LPG) import and storage terminal in Mombasa. The announcement comes after President William Ruto held bilateral talks with her Tanzanian counterpart Samia Suluhu. EPRA said it would review an...
Moody’s Investor’s Service deals with delivering independent, in-depth and transparent opinions on credit risk through its credit ratings. The company has recently changed its outlook toward Tanzania from stable to positive. The outlook change to positive reflects moody’s view that political risks have lessened under the government’s new approach to promoting economic development with the...
The government has connected Kibondo and Kasulu districts in Kigoma Region to the national power grid, saving 22. 4bn/- annually used to purchase fuel and maintain generators. He said the saved amount does not include funds spent on power generators in Kigoma – Urban district. Apart from Kigo0ma areas, parts of Nyakanazi, Biharamulo and Ngara...
After almost a month of relentless online noises from activists and many other regular users against the imposition of additional electronic levies on electronic transactions, the government has heard the wailings of the citizens and finally decided to slash and reduce some of the electronic levies. The controversial Minister of Finance and Planning, Hon Mwigulu...
Zitto Kabwe, a prominent oppositional leader of ACT – Wazalendo, a fledging political party, took on Twitter to express his affirmation of President Samia Suluhu’s strategy to Tanzania’s political reconciliation. Zitto’s statement comes a few days after President Samia released her statement upon celebrating The World’s Democracy Day on September 15, 2022. In her statement,...