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Tanzania’s Insurance Boom: Unpacking the data behind President Samia Suluhu’s strategic initiatives.
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Tanzania’s Insurance Boom: Unpacking the data behind President Samia Suluhu’s strategic initiatives.

In a data-driven analysis of Tanzania’s insurance sector, the surge witnessed in recent times can be dissected through the lens of specific initiatives championed by President Samia Suluhu’s administration. Gross Written Premiums (GWP) Growth The standout metric showcasing the industry’s robust health is the Gross Written Premiums (GWP). From TZS 911.5 billion in 2021, the...

Read: An In-depth analysis of President Samia Suluhu’s speech at #ECOP28 in Dubai.
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Read: An In-depth analysis of President Samia Suluhu’s speech at #ECOP28 in Dubai.

President Samia Suluhu’s recent address at COP28 in Dubai has reverberated with urgency, underscoring the critical need for concrete action on climate change. This in-depth analysis delves into the nuances of her speech, examining the President’s dynamic tone, concerns, and the resounding call to unite, act, and deliver on the global stage. The Tanzanian leader’s...

Tembo Gold Corporation Embarks on a Transformative Journey to Lake Victoria Gold Ltd.
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Tembo Gold Corporation Embarks on a Transformative Journey to Lake Victoria Gold Ltd.

In a strategic move, Tembo Gold Corporation has unveiled plans to undergo a significant rebranding, transitioning into Lake Victoria Gold Ltd, pending regulatory approvals. The decision stems from the company’s newfound position in the highly prospective Lake Victoria Greenstone Belt and recent acquisitions that have propelled it into a new phase of growth. The acquisition...

EACOP’s commitment to communities: 339 houses handed over in Tanzania’s land acquisition process.
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EACOP’s commitment to communities: 339 houses handed over in Tanzania’s land acquisition process.

EACOP (East African Crude Oil Pipeline) has successfully delivered 339 houses as part of its housing replacement initiative in Songakibaoni Village, Muheza, Tanga Region. Wendy Brown, the EACOP General Manager for Tanzania, highlighted the significance of this housing program in supporting households affected by land acquisition, emphasizing the collaboration with local contractors to empower communities...

PBRC Lifts Suspension on Boxer Hassan Mwakinyo.
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PBRC Lifts Suspension on Boxer Hassan Mwakinyo.

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...

Insights from Africa Trade Barometer 2023: 81% of Tanzanian Businesses Optimistic About Export Growth Prospects
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Insights from Africa Trade Barometer 2023: 81% of Tanzanian Businesses Optimistic About Export Growth Prospects

In its recent release of the Africa Trade Barometer 2023 report, the Standard Bank Group presents a comprehensive analysis of trade dynamics across the African continent, drawing insights from the experiences of businesses in ten key economies. The report, a valuable resource for various stakeholders such as businesses, entrepreneurs, students, governments, NGOs, and investors, sheds...

Somalia Officially Becomes Eighth Member of East African Community.
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Somalia Officially Becomes Eighth Member of East African Community.

Somalia has officially become the eighth member of the East African Community (EAC), marking a significant development in the regional trade bloc. The announcement was made during a summit in Tanzania by the outgoing EAC chair, Burundian President Evariste Ndayishimiye. The EAC, founded in 2000, is dedicated to promoting trade by eliminating customs duties among...

Rural Energy Agency Advances Rural Fuel Accessibility with Filling Station Loans.
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Rural Energy Agency Advances Rural Fuel Accessibility with Filling Station Loans.

The Rural Energy Agency (REA) reported a surge in applications for loans to establish rural filling stations, but only a handful made the cut. Of the 176 applications received after closing the tender in August, only 26 were deemed fit to proceed to the next round after scrutinization. The REA, aiming to reduce risks associated...

Saudi Investors Flock to Tanzania Following President Samia’s Recent Trip to Saudi Arabia.
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Saudi Investors Flock to Tanzania Following President Samia’s Recent Trip to Saudi Arabia.

In a remarkable demonstration of Tanzania’s growing economic influence on the global stage, President Samia Suluhu recently attended the Saudi Arabia-Africa Summit in Riyadh. The summit, which attracted numerous African nations, provided a platform for fruitful discussions with directors of various Saudi Arabian companies across industries such as manufacturing, agriculture, mining, livestock, tourism, and energy....