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...
Tag: East Africa
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...
Dodoma to lead Tanzania’s push for domestic copper refining
Dodoma is poised to become a key player in Tanzania’s mineral refining industry with the upcoming launch of Shengde Precious Metal Resources Ltd’s state-of-the-art copper refinery in Nala. The plant, which has already entered trial production, is scheduled to commence full operations by July 2025. Dodoma Regional Mining Officer, Engineer Menard Msengi, confirmed that the...
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...
Mofat Company to create 1,000+ jobs ahead of BRT phase two launch in Tanzania
Mofat Company Limited, a Tanzanian firm contracted to operate part of the country’s Bus Rapid Transit (BRT) system, has launched a major recruitment drive aimed at hiring over 1,000 new employees. The move comes as the company prepares for the commencement of Phase Two operations of the BRT project, scheduled to begin in September. The...
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...
Tanzanian citizens in Israel and Iran confirmed safe amid ongoing conflict
The Tanzanian government has confirmed that all its citizens living in either Iran or Israel are safe, with no reported deaths or injuries amid the ongoing conflict between the two countries. Foreign Affairs and East African Cooperation Minister, Mahmoud Thabit Kombo, made the announcement on Thursday, assuring the public that the government is actively monitoring...
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,...
Government collects TZS 1.028 trillion in dividends
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...
Kishapu Solar Power Project reaches 63% Completion
A solar power project under construction in Kishapu District, Shinyanga Region, has reached 63% completion and is expected to be finished by the end of October this year. The update was shared by TANESCO Director, Lazaro Twange, during an inspection tour of the site. Once complete, the project is expected to add 50 megawatts...