President Samia Suluhu Hassan has officially launched the Cooperative and Agricultural Development Bank, marking a key milestone in the government’s efforts to boost agricultural financing and rural development. The bank, which starts operations with an initial capital of TZS 58 billion, is expected to enhance access to credit for farmers and cooperative societies across Tanzania....
President Samia Suluhu Hassan has granted clemency to 4,887 prisoners as part of the celebrations marking 61 years of the Union between Tanganyika and Zanzibar. Out of the total, 42 inmates are being released unconditionally on April 26, 2025, while the remaining 4,845 will continue serving their sentences, but with a reduction in the duration...
The Ministry of Agriculture has formally announced the lifting of all restrictions previously imposed on the importation of agricultural products from South Africa and Malawi. This decision follows ongoing diplomatic and technical engagements aimed at resolving the matter. A statement issued by the Ministry indicates that the governments of Malawi and South Africa have been...
The government of President Samia Suluhu Hassan has allocated over 30 billion Tanzanian shillings for the rehabilitation of key roads across the country that have been damaged by ongoing heavy rains. The announcement was made by the Minister of Infrastructure, Abdallah Ulega, during an emergency visit to Morogoro Region. He visited the area following the...
The Drug Control and Enforcement Authority (DCEA), in collaboration with the International Narcotics Control Board (INCB), has intercepted 14 tones of industrial chemicals allegedly intended for the production of illicit drugs. The seized chemicals – 4,000 kilogrammes if 1-Boc-4-piperidone and 10,000 kilogrammes of acetic anhydride were imported from Asia without documents detailing their intended use....
Tanzania’s mining sector has seen a significant boost, now contributing 10.1% to the national GDP, up from 9.1% in 2023, the government has announced. The figures, revealed Tuesday by Minister of Minerals Anthony Mavunde in the capital Dodoma, are being hailed as a reflection of deeper systemic and legal reforms under President Samia Suluhu Hassan’s...
In a significant move, Saudi Arabia is poised to enter into agreements worth SR2 billion ($533 million) with various African countries. This announcement was made by the Kingdom’s Finance Minister, Mohammed Al-Jadaan, during the Saudi-Arab-African Economic Conference in Riyadh. These agreements will be facilitated through the Kingdom’s Fund for Development and will encompass a diverse...
Air Tanzania Company Limited (ATCL) has announced its intention to increase its fleet to 17 aircraft early next year, aiming to enhance both domestic and international travel options. The current state-owned airline boasts a fleet of 13 aircraft, including one Dash 8-Q300, five Dash 8-Q400s, four Airbus A220-300s, two Boeing 787-8 Dreamliners, and one Boeing...
The European Investment Bank (EIB) has shown interest in expanding its investment portfolio in Tanzania due to the government’s efforts to improve the business climate and stimulate investment in the country. Representatives from the EIB’s regional hub for Eastern Africa visited Tanzania’s Ministry of Finance and Planning, as well as other partners such as the...
The Mtwara port in the south of Tanzania, famously for exporting tons of cashew nuts, is now crowded with vessels from Europe grappling to load coal to Europe to counter the prevailing energy crisis. Traditionally, Tanzania exports coal to its neighbouring countries in East Africa. Sending it further afield was out of the question, as...