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...
Tag: tanzania newspapers
Tanzania’s Mohammed Dewji named richest in East Africa
Tanzanian businessman Mohammed “Mo” Dewji has been named East Africa’s wealthiest individual, with his net worth rising to $2.2 billion (£1.7 billion), according to Forbes’ 2025 list of Africa’s billionaires. The 49-year-old is the only person from the region to feature among the continent’s top 15 richest individuals and ranks 12th overall. Dewji also retains...
Tanzania Unveils Major Security Upgrade with $145M Safe Cities Project
In his budget address on May 26, 2025, in Dodoma, Home Affairs Minister Innocent Bashungwa announced sweeping reforms to modernize Tanzania’s security sector, including a $145 million Safe Cities Project that will see over 4,100 CCTV cameras installed in Dar es Salaam, Dodoma, Arusha, and other major cities. The minister also revealed the launch of...
Ibraah Officially Parts Ways with Konde Gang, Embarks on New Independent Musical Journey
Renowned Bongo Fleva artist Ibraah, born Ibrahim Abdallah, has officially parted ways with Konde Gang Music Worldwide, marking the beginning of his career as an independent artist. This decision was confirmed today following a formal agreement reached between both parties in the presence of the National Arts Council of Tanzania (BASATA). The agreement, signed in...
Joe Biden Diagnosed with Advanced Prostate Cancer
Former U.S. President Joe Biden, 82, has been diagnosed with metastatic prostate cancer, according to a statement from his personal office. The cancer, which has spread to the bone, was detected following additional medical tests after doctors found a prostate nodule. Medical experts have assigned the cancer a Gleason score of 9, indicating a highly...