In East Africa, the struggle with the scarcity and volatility of the dollar, high-interest rates, and limited access to credit deter potential investors. According to the “Report on the Ease of Doing Business in the East African Community (EAC) 2023” published by the East African Business Council (EABC), several factors are posing threats to businesses...
In an epoch-making event heralding the grand opening of East and Central Africa’s largest glass manufacturing facility, Sapphire Float Glass, in the picturesque Pwani region, President Samia Suluhu made a profound statement that reverberates through the very core of Tanzania’s administrative infrastructure. She introduced a monumental investment opportunity and underscored the remarkable harmony underpinning the...
The Muhimbili National Hospital has achieved a groundbreaking milestone by performing its first-ever thoracic surgery to remove a lung tumor using a single small incision, a procedure led by world-renowned Thoracic Surgery Specialist, Dr. Diego Gonzalez Rivas from Spain. This remarkable medical feat signifies a significant advancement in the field of thoracic surgery, and it...
In a groundbreaking revelation that has sent shockwaves through the global uranium industry, Majani Wambura, the Sustainability Manager at Mantra Tanzania, recently unveiled Tanzania’s pivotal role in the ever-expanding uranium market. In an exclusive interview with the Daily News, Wambura shed light on the nation’s extraordinary potential, fueled by a rich uranium deposit discovery dating...
Written by: Christopher Makwaia Introduction. Energy efficiency is not just about saving money, it’s about saving the world. These profound words from Amory Lovins resonate deeply as we explore the vibrant energy landscape of Tanzania, at a pivotal juncture in its energy evolution, serves as the focal point of this discussion. The 5th edition of...
The government has unveiled plans to construct a fishing port in the Bagamoyo district as part of its strategy to bolster the blue economy. The President, Dr. Samia Suluhu Hassan made this announcement on September 19, 2023, as she laid the foundation stone for the fishing port project, which is estimated to cost TZS 266...
The Regional Commissioner of Lindi, Zainab Terack, made these remarks on September 18, 2023, while delivering a regional report in the presence of President Samia Suluhu Hassan during a public gathering, coinciding with the laying of the foundation stone for the road connecting Nanganga District in Mtwara to Ruangwa in Lindi. She explained that in...
Released on the 14th September 2023 Earlier today, The Globe and Mail reported on payments made by Barrick’s UK subsidiary, Barrick TZ Limited, to a Tanzanian national law-enforcement task force, the NTF. The Globe and Mail’s article was based on documents that have been recently referenced in UK Court proceedings concerning claims for compensation by...
During the recent G20 summit held in New Delhi, Indian Prime Minister Narendra Modi announced a historic development – the African Union, a continental organization consisting of 55 member states, was granted permanent membership within the esteemed G20, a group comprised of the world’s wealthiest and most influential nations. This decision elevates the African Union...
Renowned Tanzanian billionaire, Mohammed Dewji, has recently expressed a keen interest in channeling investments into Rwanda through his corporate conglomerate, MeTL Group. With a significant presence in over ten African nations, MeTL Group is poised to extend its economic reach. On the 6th of September, this Dar es Salaam-based tycoon, boasting a staggering net worth...