Tanzania is expected to expand its economy by nearly 15trn/- in 2022, to 177.1trn/- ($74bn) at current market prices, from 161.5trn/- recorded last year, a European think tank has suggest. FocusEconomics, a Spanish consensus forecasts for 132 countries in Asia, Africa, Europe and the Americans based in the Catalona, said the Tanzanian economy will predominantly...
Twaweza, an independent research initiative based in Tanzania, released findings of its recent survey that touched on different important things, among others being the situation of living costs, employment, health issues and others. Twaweza also made their survey aimed to understand people’s insights on the country’s newly introduced levies and tax system. Twaweza revealed that...
Pedro Neto is determined to seal a move from Wolves to Arsenal this transfer window having long admired the Gunners. However, a deal is contingent on the north Londoners freeing up financial wiggle room, with the club in discussions with Nice over taking Nicolas Pepe off their hands. Manchester United are keen on signing a goalkeeper who is comfortable with the ball at...
A section of Kenya’s electoral commission which includes the vice chairperson, does not agree with the results about to be announced at the Bomas of Kenya. The commissioners, including vice chair Juliana Cherera, Francis Wanderi, Irene Masit and Justus Nyang’aya, have alleged that the results were arrived at in an opaque manner without giving further...
Following the allocation of Tsh 150bn/- in the agriculture budget 2022/23 to subsidize fertilizer prices, the government plans to increase the amount of fertilizer in 2022/23 up to 500,000 tones. In the agricultural season of 2021/22, Tanzania utilized 360,000 tones of fertilizers. According to Dr. Ngailo, the Tanzania Fertilizers Regulatory Authority (TFRA), the farmer’s fertilizer...
In the coming academic year, the government has allocated a total of Tsh 573/- billion set to be disbursed among 205,500 students as loans and scholarships under the Higher Education Students Loans Board (HESLB). President Samia Suluhu’s government, to enhance imperativeness and the importance of science and technology to the country’s development, the government has...
Somalia has renewed its bid to join the East African Community (EAC) trade bloc, after the country’s newly elected President Hassan Sheikh Mohamud arrived in Arusha to attend the ongoing 22nd Ordinary East Africa Community Heads of State Summit. ”I am here to make a formal bid for Somalia to join the East African Community,” Mohamud said....
For the past few days, business stakeholders have been pleading the government not to offer a new contract to the Tanzania International Containers Terminal Services (TICTS) following its poor performance at the Dar es Salaam port causing unnecessary container congestion leading to shipment delays and expensiveness in conducting business. The wails of the stakeholders have...
Following the sluggish clearance of consignments at the Dar es Salaam Port by Tanzania International Container Terminal Services Ltd (TICTS), the business stakeholders have unanimously called on the government to halt renewal of the contract with the company citing its ineffectiveness and inefficiency at handling containers leading to a lot of unnecessary problems. The company...
Coal in Tanzania has become essential in transforming energy production. Tanzania’s coal reserves at estimated to be 1.9 billion tonnes. Tanzania coal is now exported to foreign markets. Tanzania’s Mchuchuma coal deposits has around 540 billion tonnes of reserves. Mining in Tanzania is one of the most vital sectors in the country Tanzania’s mining has...