In a surprising turn of events, the Tanzanian Professional Boxing Regulatory Commission (TPBRC) has revoked the one-year suspension and one million Tanzanian Shillings fine imposed on boxer Hassan Mwakinyo. This decision comes just over a month since the initial penalty was announced on October 10, following Mwakinyo’s failure to step into the ring for his...
Tanzania’s foreign currency situation is expected to continue improving, thanks to various factors. Foreign exchange inflows from tourism, export crops, and minerals, along with measures implemented by the Bank of Tanzania (BoT) and the government, contribute to this positive trend. According to the latest statement from the Monetary Policy Committee (MPC) released by the Central...
28 September 2023 – On 21 September an incident occurred where approximately 100 intruders unlawfully invaded the mine property during heavy rainfall. Unarmed private security contractors responded in an attempt to repel the armed invaders but subsequently requested police intervention to remove the aggressive intruders from the mine site. Seven intruders were arrested and based...
DP World, under the leadership of CEO Sultan Ahmed bin Sulayem, has undergone a remarkable transformation into a comprehensive supply chain player, investing over $6 billion in this strategic evolution. Bin Sulayem discussed this journey during a session titled ‘Trade in a Changing World’ at the 21st Arab Media Forum in Dubai, moderated by Egyptian...
Landmark Decision Dismisses Legal Challenge Against Tanzania’s Port Investment Deal. In a significant legal ruling today, August 10, 2023, the High Court of the Mbeya region in Tanzania has dismissed a case that contested the implementation of an investment agreement between the government of the United Republic of Tanzania and DP World, a company based...
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...
Yanga football club has been fined a total of USD 35,000 (over TZS 82 million) by CAF for various infractions during their quarterfinal match against Rivers United from Nigeria. The match took place on April 30, 2023, at the Mkapa Stadium in Dar es Salaam, and Rivers United complained one day before the match after...
Mobile money services are growing faster than previously anticipated worldwide, particularly in Africa, according to the annual State of the Industry Report on Mobile Money 2023 by the GSMA, funded by the Bill and Melinda Gates Foundation. The report reveals that the adoption rates are even quicker than predicted, with registered mobile money accounts growing...
Business Insider Africa presents the top 10 countries with the highest number of female representatives in government. This list is based on the data in the Inter-Parliamentary Union’s database, which shows that Rwanda is the most politically progressive country in the world. The Inter-Parliamentary Union (IPU) is a data platform for authoritative data on the...
President William Ruto, while ushering New Year at State House, Mombasa, announced that his government planned to abolish the Higher Education Loans Board (HELB) that has sustained millions of university students for decades. The President remarked that he sought to provide a better alternative to address university students’ challenges. Subsequently, he announced that the government will expunge...