In a historic moment, President Samia Suluhu of the United Republic of Tanzania addressed the BRICS summit on August 24, 2023, marking her as the first Tanzanian President to participate in such a platform. The summit, hosted by South Africa, the current chair of BRICS, has gathered the leaders of Brazil, Russia, India, China, and...
Tech giant Google is reaching out to Tanzania and 16 other African countries for participation in its ‘Google for Startups Accelerator: AI First’ initiative. This groundbreaking program aims to assist African startups in leveraging Artificial Intelligence (AI) to tackle local challenges. Among the 17 nations invited are Algeria, Botswana, Cameroon, Côte D’Ivoire, Egypt, Ethiopia, Ghana,...
In a momentous event on August 19, 2023, President Samia Suluhu graced the opening of a pivotal working session attended by board chairpersons and top executives of public institutions. Her presence embodied her commitment to catalysing change and driving progress in the realm of public enterprises. President Samia Suluhu’s address at this gathering resonated with...
I have thoroughly examined the Tanzania Episcopal Conference (TEC) statement, which is a collective stance of Catholic bishops in Tanzania. In essence, these bishops oppose the investment in the Tanzanian port, asserting that the IGA contract lacks support from the majority of Tanzanians. By exercising their right to freedom of expression, TEC has effectively used...
Recent updates suggest that Dr Wilbroad Slaa was released on bail earlier this afternoon at the Oysterbay Police Station in Dar es Salaam after meeting the set criteria. Dr Slaa’s lawyer also confirmed that his client was transported from Mbeya to Dar es Salaam to face charges. Dr Slaa was arrested a few days ago...
Noble Helium Limited is in the final stages of preparations to commence helium gas extraction at the North Rukwa project in Tanzania in the second half of September, as planned, following the rig’s departure from the UK. The Marriot Drillmec HH102 #16, originating from the UK, was loaded onto the MV Bohwa Tsingtao ship, which...
In June 2023, Tanzania’s balance of trade saw a shortfall of $4.86 billion, a notable contrast from the $3.398 billion deficit registered in the corresponding period of June 2022. The driving factor behind this discrepancy, as outlined in the Bank of Tanzania’s (BoT) Monthly Economic Review for June 2023, lies primarily in escalated import expenditures....
Tanzania’s Inspector General of Police (IGP), Camillus Wambura, has issued a stark caution against potential disturbances in the wake of a port investment dispute. The warning comes as tensions rise following a court ruling that upheld an investment contract involving DP World, a Dubai-based company, and a subsequent call for protests by some dissenting parties....
In the heart of Tanzania’s Kibaha district, a transformative endeavour is shaping up to redefine the nation’s economic landscape. The Industrial Park, known as the Sitotan Industrial Park, is poised to become the country’s largest industrial park, with the potential to generate over 600,000 jobs and catalyze growth across multiple sectors. Already attracting investments from...
Tanzania’s real estate realm has exhibited a steady rebound from the hurdles posed by the pandemic, as demonstrated by a noteworthy uptick in the occupancy rates of commercial properties. This resurgence serves as a testament to the gradual recovery of businesses from the pandemic’s impact. In its most recent Financial Stability Report, freshly issued this...