The Treasury Registrar, Mr. Nehemia Mchechu, has announced that his office has collected a record TZS 1.028 trillion in dividends from public institutions and companies in which the government holds shares during the current financial year. This represents a 68% increase compared to the previous year’s dividend collection of TZS 611 billion — a significant...
Category: Tanzania
President Samia urges new police officers to tackle road accidents, corruption
President Samia Suluhu Hassan has called on newly trained police officers and assistant inspectors to prioritize road safety and develop effective strategies to curb the rising number of traffic accidents in Tanzania. Speaking at their graduation ceremony in Dar es Salaam, she voiced concern over the increase in road fatalities, with 1,322 accidents and...
Kishapu Solar Power Project reaches 63% Completion
A solar power project under construction in Kishapu District, Shinyanga Region, has reached 63% completion and is expected to be finished by the end of October this year. The update was shared by TANESCO Director, Lazaro Twange, during an inspection tour of the site. Once complete, the project is expected to add 50 megawatts...
Tanzania sees surge in investment as FDI soars 77% in Q3 of 2024/25
Tanzania witnessed a significant surge in investment during the third quarter of the 2024/25 fiscal year, with registered projects totaling $2.16 billion between January and March 2025. This marks a 46.72% increase compared to the $1.47 billion recorded during the same period the previous fiscal year. The sharp rise was largely fueled by a boost...
PM Majaliwa: Tanzania now more investor-friendly after addressing key challenges
Prime Minister Kassim Majaliwa has assured both local and international investors that Tanzania is now a more attractive destination for investment, following government reforms aimed at resolving challenges that investors previously faced. Speaking in Parliament today, Majaliwa made the statement while responding to a question from Ushetu MP Emmanuel Cherehani, who asked about the government’s...
Tanzania eases entry for tourists from 71 countries with new visa agreements
The Tanzanian government has signed agreements with multiple countries to simplify visa procedures, allowing citizens from approximately 71 nations to enter the country without a visa. This announcement was made on Wednesday by Deputy Minister for Natural Resources and Tourism, Dustan Kitandula, during a Parliamentary session in Dodoma. He stated that, moving forward, most international...
EACOP reaches 60 percent completion
The East African Crude Oil Pipeline (EACOP) has reached 60% completion, marking a significant milestone for the ambitious project set to become the world’s longest heated crude oil pipeline. Stretching 1,443 kilometres from Hoima in Uganda to the port of Chongoleani in Tanga, Tanzania, the pipeline is a flagship infrastructure development for both countries. The...
Tanzania Investment Centre sets new record with 901 projects registered in 2024
The Tanzania Investment Centre (TIC) has recorded a historic milestone in 2024, registering 901 investment projects—the highest number since the centre’s establishment in 1997. This marks a 71% increase compared to the 526 projects recorded in 2023. The surge in investment activity is attributed to key reforms, including amendments to the Investment Act No. 10...
President Samia Honoured for Leadership and National Development
Tanzanian President Samia Suluhu Hassan has been awarded a special honour by the national Parliament in recognition of her leadership and contribution to the country’s development. The award was presented by Speaker of Parliament and Inter-Parliamentary Union (IPU) President, Dr Tulia Ackson, during a ceremony held at the Parliament grounds in Dodoma. Dr Ackson praised...
CCM pledges to revive new constitution process in 2025 election manifesto
Tanzania’s ruling party, Chama Cha Mapinduzi (CCM), has pledged to revive and complete the process of drafting a new constitution as part of its 2025 election manifesto, positioning it as a key agenda in strengthening democracy and good governance. In a section titled “Promoting Democracy and Good Governance”, the manifesto states that CCM will direct...