Tanzania’s economy grew at 5.2 percent in the third quarter of 2022 compared as 5.5 percent attained in the third quarter 2021, according to the latest National Bureau of Statistics (NBS) figures. The Third Quarter (July – September) Gross Domestic Product 2022 report released by the statistics body further shows that during the third quarter...
President Samia Suluhu has lifted the ban on political rallies placed by her predecessor’s decree back in 2016. Speaking at the historical moment at the Jakaya Kikwete Conference Hall at the State House in Dar es Salaam, President Hassan humbly pleaded with politicians to conduct politics that abide by the country’s laws, regulations and our...
Kenya has promised to ease trade transactions with its neighbour country Tanzania by January next year. The decision was made to bolster trade between the two nations and increase the volume of locally made goods exchanged between them. According to Kenya’s High Commissioner to Tanzania, Mr Isaac Njenga, both governments have already set plans in...
Cargo handled by Tanzanian ports increased by 14.9% to 19.8 million tonnes in the last financial year as businesses rebounded from the COVID-19 outbreak in the wake of improved port infrastructure. According to the Bank of Tanzania (BoT), cargo handling at sea and lake ports in the country amounted to 19.8 million tonnes in the...
Tanzania’s foreign exchange reserves can now cover only 4.2 months of imports, the shortest five-year period. The Bank of Tanzania has attributed this to the economic consequences of the war in Ukraine. Russia’s invasion of Ukraine in February 2022 triggered rising energy costs, surges in commodities prices, and significant damage to the global value chains....
President Samia Suluhu’s 4Rs philosophy, which includes Reconciliation, Resiliency, Reforms, and Rebuilding, seems to sit well with Chadema’s supreme leader, Freeman Mbowe, as he believes to be the cornerstone toward resolving contemporary issues affecting the country’s social, political and economic issues. Chadema national chairman Freeman Mbowe has revealed his party’s decision to continue holding discussions...
The report revealed that the Police Marine unit at the nearby Bukoba port was informed about the Precision Air crash 15 minutes after the crash. Still, its patrol boat arrived at the scene more than two hours later, and divers could not perform rescue duty for a lack of oxygen in the bottles. Dar es...
The Kisutu Resident Magistrate court has adjourned the case against former Dar es Salaam Regional Commissioner Paul Makonda and William Malecela, famous as Lemutuz to November 23, this year. The court decision comes after the State Attorney Wambeya who is defending Patrick Kamwele requested the court to be given 14 days to reply the counter...
A total of 53,600 Tanzanians expected to be employed by the new 329 registered investment projects by both local and foreign investors. Dr. Mwigulu, Finance and Planning Minister, unveiled this information before in the national assembly when presenting the National Development Plan for 2023/24 and guidelines for the proposed revenue and expenditure for the next...