Since President Samia Suluhu took office in 2021, one of her top agendas has been to ease investment and business environment for both domestic and private investors in order to attract more investments to create more jobs and generate government’s income. One of the notable measures in response to President Samia’s order in addressing the...
The mining sector growth chart line is on ascendance with the industry worth of revenues each year, according to the latest records. Minister for Minerals, Dotto Biteko, reveals that the mining sector is currently leading in foreign currency generation while its contribution to the country’s GDP has also been upped from 7% to nearly 8%....
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...
Bank of Tanzania has released the report on Tanzania’s economic status ending the second quarter of 2022, which begins from April – June. In the quarter ending June 2022, the economy continued to experience spillover effects of high commodity prices in the world, as well as tight financial conditions and monetary policy tightening by central...
The government has successfully eradicated Neglected Tropical Diseases (NTDs) in 67 out of 77 found with the disease. NTDs coordination at the Ministry of Health Ambakisye Mhiche said yesterday in a strategic meeting with stakeholders to ensure the diseases are eradicated by 2030. He said the government was working hard to eliminate the disease in...
Officials of the Independent Electoral and Boundaries Commission (IEBC) in Kirinyaga have been thrown into mourning following the mysterious death of their colleague, Mr Geoffrey Gitobu. Mr Gitobu, the Gichugu Constituency returning officer, collapsed on Monday and died. Laikipia East police boss John Tarus told the media in Kenya that Mr Gitobu’s death was reported...
The amount of money sent home by Kenyans working abroad dropped for the sixth consecutive month in July, attributed to the high cost of living globally. Data by the CBK shows diaspora remittances to Kenya last month totalled $319.4 million compared to $336.7 million in July last year, a 5.1% drop. This was almost KSh1...
India, through Apollo Hospitals, has signed a Memorandum of Understanding (MoU) with Elipse Group Africa to set up a state-of-the-art diagnostic centre for cancer in Tanzania. The MoU agreement was signed yesterday at the Indian High Commission in Tanzania and was witnessed by various people, including Indian High Commission Mr Binaya Pradhani. Speaking during the...
Prevention and Combating of Corruption Bureau (PCCB) in Singida region is investigating development projects worth over Ts 7.2bn/- due to various implementation defects, including procurement procedures violations. Announcing the bureau’s performance report for April – June, Regional PCCB chief, Mr Mzalendo Widege, said the investigation included 17 health, education, and water sector projects after discovering...
Tanzania is set to receive more investors and tourists from Russia wishing to explore opportunities and attractions the country is endowed with, Russia’s ambassador to Tanzania Mr Andrey Avetisyan has said. The ambassador has said that bussinessmen from Russia send emails to Tanzania seeking investment opportunities. According to Russia’s ambassador in Tanzania, Tanzania authorities have...