For the past few days, business stakeholders have been pleading the government not to offer a new contract to the Tanzania International Containers Terminal Services (TICTS) following its poor performance at the Dar es Salaam port causing unnecessary container congestion leading to shipment delays and expensiveness in conducting business. The wails of the stakeholders have...
Tag: East Africa
Stakeholders urge the government not to renew TICTS contract.
Following the sluggish clearance of consignments at the Dar es Salaam Port by Tanzania International Container Terminal Services Ltd (TICTS), the business stakeholders have unanimously called on the government to halt renewal of the contract with the company citing its ineffectiveness and inefficiency at handling containers leading to a lot of unnecessary problems. The company...
Tanzania among countries with the highest number of mobile phones
GSMA Intelligence’s report showed mobile phone subscribers stood at 46 per cent in Sub-Saharan Africa, while smartphone adoption was at 64 per cent The data revealed that mobile technologies and services contributed over $130 billion (Sh 15.4 trillion) to the region’s economy (8 per cent of GDP) in 2021 GSMA predicts that Africa will have...
Tanzania sets aside 400,000 hectares of land for wheat cultivation.
The government of Tanzania has earmarked a total of 400,000 hectares of land for wheat cultivation, a move aimed at ending crop shortage in the country. Hussein Bashe, the Minister of Agriculture, said the 400,000 hectares of land would be cultivated with wheat in wheat-growing regions within three years, beginning in 2022. According to the...
IMF Approves a 40-month, US$1,046.4 million ECF Arrangement for Tanzania
IMF Board approves SDR 795.58 million (about US$1,046.4 million) ECF arrangement for Tanzania, with about US $151.7 million disbursed immediately. The 40-month financing package will assist the economic recovery and address the spillovers from Russia’s invasion of Ukraine, help preserve macroeconomic stability, and support structural reforms toward sustainable and inclusive growth, drawing on the government’s...
How Tanzania’s coal found its way to European markets
Coal in Tanzania has become essential in transforming energy production. Tanzania’s coal reserves at estimated to be 1.9 billion tonnes. Tanzania coal is now exported to foreign markets. Tanzania’s Mchuchuma coal deposits has around 540 billion tonnes of reserves. Mining in Tanzania is one of the most vital sectors in the country Tanzania’s mining has...
Tanzania Grain Board to spend US$8.7M to construct flour manufacturing plants
Tanzania’s Cereals and Other Products Board (CPB) is set to spend US$8.7 million to finance the construction of 3 flour manufacturing plants. The first processing unit will be set up in the city of Mwanza and is set to accommodate a daily production of 125 tons of flour mixtures made from maize and cassava. The second,...
Tanzania’s coffee export volumes decline by 4% triggered by lower production volumes
Fertilizer prices have nearly doubled globally, driven by a confluence of factors, including surging input costs and supply shortages fuelled by the Ukraine-Russia conflict. This has negatively impacted agriculture productivity, with Tanzania’s coffee industry expecting a 4 per cent dip in yields to 1.15 million bags in the marketing year 2022/2023. Additionally, the country’s coffee...
BAKITA to act seriously on defiers of Kiswahili in performing official activities in Tanzania
On behalf of the minister of sports and culture, Hon Mohammed Mchingerwa, Ms Consolota Mushi, the managing director of Kiswahili Council in Tanzania (BAKITA), has said avoidance or negligence of the use of Kiswahili in performing official activities in Tanzania is punishable by law. Ms Consolata said the minister does not emphasize anything odd but...
Number of countries you can visit without VISA with Tanzania’s passport.
Tanzania’s and Kenya’s passports are now the eighth most powerful in Africa and 71 globally. The Henley Passport Index Report shows that the number of countries that Tanzanias can visit without a visa or obtain it on arrival has increased to 72 from 64 in January last year. The country’s mobility score improved six places...