The Treasury Registrar, Mr. Nehemia Mchechu, has announced that his office has collected a record TZS 1.028 trillion in dividends from public institutions and companies in which the government holds shares during the current financial year. This represents a 68% increase compared to the previous year’s dividend collection of TZS 611 billion — a significant...
Tag: EAC newspapers
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...
ACT-Wazalendo Will Not Boycott Elections, Says Zanzibar’s First Vice President
Zanzibar’s First Vice President and national chairperson of ACT-Wazalendo, Othman Masoud, has said the party will not boycott the upcoming general election but will fully participate to push for the change Tanzanians seek. Speaking during a visit to Shinyanga on Sunday, Masoud emphasized the importance of proper preparation as the election approaches, saying the party...
Ibraah Officially Parts Ways with Konde Gang, Embarks on New Independent Musical Journey
Renowned Bongo Fleva artist Ibraah, born Ibrahim Abdallah, has officially parted ways with Konde Gang Music Worldwide, marking the beginning of his career as an independent artist. This decision was confirmed today following a formal agreement reached between both parties in the presence of the National Arts Council of Tanzania (BASATA). The agreement, signed in...
Shinyanga Receives Over TSh 1 Trillion for Development
Shinyanga Region has received over TSh 1 trillion over the past four years, which has been used to fund development activities across all sectors. Out of this amount, TSh 17 billion was allocated to the agriculture sector for various initiatives. Government Spokesperson Gerson Msigwa stated this on May 3, 2025, noting that the President has...
Tanzania Lifts Agricultural Import Ban on South Africa and Malawi
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...