Tanzania and the Abu Dhabi Development Fund of the United Arab Emirates have signed a low-interest loan agreement of $30 million, equivalent to 70 billion Tanzanian shillings. This loan is intended to construct a 220 kV power transmission line from Benaco to Kyaka and expand the Kyaka Power Substation in the Kagera region. The signing...
After almost a month of relentless online noises from activists and many other regular users against the imposition of additional electronic levies on electronic transactions, the government has heard the wailings of the citizens and finally decided to slash and reduce some of the electronic levies. The controversial Minister of Finance and Planning, Hon Mwigulu...
On behalf of Tanzania, the minister of finance and planning, Dr Mwigulu Nchemba, has thanked the OPEC Fund for International Development for investing $218 million (Tsh 504) into different development projects. Dr Mwigulu Nchemba met with OPEC representative in Dodoma yesterday, March 29, 2022, Dr Alkhalifa Abdulhamid and agreed on further cooperation between Tanzania and...
The minister of finance and planning, Mwigulu Nchemba, said that banks had gone through a difficult situation in the previous regime, adding that “they were suffocated”. However, they hardly admit to that fact. Mwingulu gave those remarks today, March 5, 2022, during the opening of the CRDB new Head Quarters in Dar es Salaam. Hon...
In her latest visits to France, Belgium and the UAE, President Samia Suluhu took on board some key cabinet ministers like the Ministry of Finance and Planning Hon Mwigulu Nchemba, the minister of energy Hon. January Makamba and Hon Hussein Bashe, the minister of Agriculture. Speaking before the press today, on March 2, 2022, Hon...