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Tanzania is buying gold to bolster her foreign reserves while most of the Sub-Saharan economies are struggling.
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Tanzania is buying gold to bolster her foreign reserves while most of the Sub-Saharan economies are struggling.

Making history Tanzania is making a historical leap for her economy, where, for the first time in 62 years of independence, the Central Bank of Tanzania (BOT), has opened a gold reserve that will be purchasing gold locally from local miners. Now, the country will not only rely on foreign currency reserves, as it has...

Uchumi: Tanzania yaanza kuimarisha hazina ya dhahabu huku baadhi ya nchi za Afrika zikiyumba kiuchumi.
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Uchumi: Tanzania yaanza kuimarisha hazina ya dhahabu huku baadhi ya nchi za Afrika zikiyumba kiuchumi.

Historia imeandikwa katika kiuchumi Historia imeandikwa! Kwa mara ya kwanza baada ya miaka 62 ya uhuru, Tanzania kupitia Benki Kuu ya Tanzania (BOT) imefungua hazina ya kuhifadhi dhahabu ambayo itakuwa inanunuliwa hapa nchini kutoka kwa wachimbaji wa ndani. Sasa Tanzania haitokwenda kutegemea tena hifadhi ya fedha za kigeni pekee iliyokuwa ikiweka kwa miaka yote, bali...

Simiyu: Three captured for Gold smuggling
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Simiyu: Three captured for Gold smuggling

Simiyu region police force has reported holding three people in custody for smuggling 14.4 grams of gold.  Mr Aman Msuya, the minerals official, has confirmed that incidence today, April 19, 2022. Mr Msuy attested that the apprehension of the three culprits was successful after vigorous police inspection following intelligence information they had received that there...