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IMF approves $448m in fresh funding for Tanzania’s economic reforms
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IMF approves $448m in fresh funding for Tanzania’s economic reforms

Tanzania has secured a major financial boost after the International Monetary Fund (IMF) approved key programme reviews, unlocking new funding worth approximately $448.4 million (about TSh1.17 trillion). In a statement released on Friday, 27 June, the IMF confirmed the completion of its 2025 Article IV Consultation, along with the fifth review under the Extended Credit...

First freight train on Tanzania’s SGR begins journey between Dar es Salaam and Dodoma
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First freight train on Tanzania’s SGR begins journey between Dar es Salaam and Dodoma

The first freight train operating on the standard gauge railway (SGR) has officially begun its journey from Dar es Salaam to Dodoma, marking a significant milestone in the country’s transport sector. The train, consisting of 10 carriages, is carrying various goods weighing a total of approximately 700 tons. This move fulfills a promise made by...

Tanzania approves pension payments for Kagera War veterans after 45 years
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Tanzania approves pension payments for Kagera War veterans after 45 years

The Tanzanian government has officially approved pension payments for all veterans who participated in the 1979 Kagera War, marking a significant step in addressing their long-standing grievances. The announcement was made on June 23, 2025, during a parliamentary session in Dodoma. Minister of Defence and National Service, Dr. Stergomena Tax, revealed the decision while presenting...

Vita ya Iran na Israel itakavyoathiri uchumi wa Tanzania na mkakati wa serikali uliopo kukabiliana na athari hizo.
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Vita ya Iran na Israel itakavyoathiri uchumi wa Tanzania na mkakati wa serikali uliopo kukabiliana na athari hizo.

Mvutano unaoendelea kati ya Iran na Israel unaonekana kwa macho ya kawaida unaweza kudhani ni tatizo la mashariki ya kati pekee, lakini kwa Tanzania, linaweza kuwa na athari kubwa kiuchumi, hasa kupitia bei ya mafuta duniani. Baada ya Taifa la Marekani kushambulia vinu vya nyuklia vya Taifa la Iran usiku wa kuamkia leo, Bunge la...

Trump says US has bombed 3 nuclear sites in Iran
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Trump says US has bombed 3 nuclear sites in Iran

President Donald Trump described US military strikes on three nuclear sites as a “spectacular military success” and added that the facilities were “completely and totally obliterated” in an address from the White House on Saturday evening. Trump warned Iran that the US could go after additional targets if Iran does not make peace. Now the...

President Samia urges Tanzanians to protect peace and unity
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President Samia urges Tanzanians to protect peace and unity

President Samia Suluhu Hassan has called on citizens to safeguard Tanzania’s reputation as a peaceful and politically stable nation, saying these values are essential for continued development. Speaking on June 20, 2025, at the inauguration of the Butimba Water Project in Mwanza Region, President Samia warned that division could hinder progress and benefit those who...

Tanzania unveils longest bridge in East and Central Africa
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Tanzania unveils longest bridge in East and Central Africa

Hundreds of Tanzanians gathered on June 19, 2025, to witness President Samia Suluhu Hassan officially open the JP Magufuli Bridge — now the longest bridge in East and Central Africa. Spanning 3.0 kilometers across Lake Victoria, with an additional 1.6 kilometers of access roads, the bridge links Kigongo in Mwanza to Busisi in Sengerema District,...

PM Majaliwa: Tanzania now more investor-friendly after addressing key challenges
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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 Investment Centre sets new record with 901 projects registered in 2024
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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...