Today marks a momentous occasion for Tanzania’s investment sector and industrial development. The persistent efforts to attract investors to the industrial sector have borne fruit, as numerous industrial ventures have flourished within the nation. In the coastal region of Pwani, statistics reveal the presence of at least 1,525 industrial establishments of varying significance. Moreover, as...
Tag: East Africa
Muhimbili National Hospital Makes Medical History with Innovative Thoracic Surgery Technique.
The Muhimbili National Hospital has achieved a groundbreaking milestone by performing its first-ever thoracic surgery to remove a lung tumor using a single small incision, a procedure led by world-renowned Thoracic Surgery Specialist, Dr. Diego Gonzalez Rivas from Spain. This remarkable medical feat signifies a significant advancement in the field of thoracic surgery, and it...
Unlocking Tanzania’s Role as a Global Uranium Hub: Insights from Mantra Tanzania.
In a groundbreaking revelation that has sent shockwaves through the global uranium industry, Majani Wambura, the Sustainability Manager at Mantra Tanzania, recently unveiled Tanzania’s pivotal role in the ever-expanding uranium market. In an exclusive interview with the Daily News, Wambura shed light on the nation’s extraordinary potential, fueled by a rich uranium deposit discovery dating...
Turkish Defense Industry Leader Raff Military Textile Explores Entry into Tanzanian Market.
Raff Military Textile, a prominent player in Turkey’s defence industry, has set its sights on expanding into the Tanzanian market, according to General Manager Eray Yükseloğlu. This strategic move was revealed during the Turkey-Tanzania Trade Delegation and B2B meetings hosted in Dar es Salaam, where business leaders from both nations converged. Yükseloğlu underscored the significance...
President Samia Launches Ambitious Bagamoyo Fishing Port Project to Drive Tanzania’s Blue Economy.
The government has unveiled plans to construct a fishing port in the Bagamoyo district as part of its strategy to bolster the blue economy. The President, Dr. Samia Suluhu Hassan made this announcement on September 19, 2023, as she laid the foundation stone for the fishing port project, which is estimated to cost TZS 266...
Tanzanian Ports Authority Announces Two Major Port Development Bids Amidst Debates Over Dubai Agreement.
In a recent announcement, the Tanzanian Ports Authority (TPA) has opened bidding for the construction of two key ports – Mgao Island in the Mtwara region and Mbegani in the Bagamoyo district, as well as the Tanga port. These bids come at a time when debates and discussions continue regarding the handover of all Tanzanian...
Payment Discrepancies in Barrick/Acacia to the Government Task Force in Tanzania (2014-2019).
This week, the UK newspaper, The Globe and Mail, has published over 100 emails concerning Tanzania. These emails shed light on how Barrick Gold, through their subsidiary Acacia in Tanzania, made substantial payments to what is referred to as the National Task Force in Tanzania as security expenses, with the main recipient being the Inspector...
Payment Discrepancies in Barrick/Acacia to the Government Task Force in Tanzania (2014-2019).
This week, the UK newspaper, The Globe and Mail, has published over 100 emails concerning Tanzania. These emails shed light on how Barrick Gold, through their subsidiary Acacia in Tanzania, made substantial payments to what is referred to as the National Task Force in Tanzania as security expenses, with the main recipient being the Inspector...
The value of Tanzania exports hit $12.9 billion in July 2023.
The value of export of goods and services in Tanzania hit $12.9 billion in July this year as compared to $12.2 billion recorded during the same period last year, driven by services receipts and non-traditional goods exports, in particular minerals, according to the Bank of Tanzania (BoT) Monthly Economic Review for August 2023. BoT data...
African Union Granted Permanent Membership in G20: A Landmark Decision at New Delhi Summit.
During the recent G20 summit held in New Delhi, Indian Prime Minister Narendra Modi announced a historic development – the African Union, a continental organization consisting of 55 member states, was granted permanent membership within the esteemed G20, a group comprised of the world’s wealthiest and most influential nations. This decision elevates the African Union...