In the latest Container Port Performance Index released by the World Bank, ports in Dar es Salaam, Djibouti, and Berbera have surpassed Mombasa in terms of efficiency. The main port in Kenya, Mombasa, experienced a notable decline in its ranking, dropping to position 326 out of the 348 ports evaluated worldwide in 2022. This represents...
In a momentous event, President Samia Suluhu officially unveiled Tanzania’s grand new State House in Dodoma on May 20. This majestic structure dwarfs its predecessor in Dar es Salaam, with a staggering size that is 200 times larger. The sheer scale of the Dodoma State House is awe-inspiring, occupying an expansive land area of 8,473...
In a significant development, Shell and Equinor have received the green light to forge ahead with their ambitious Tanzania LNG project, following successful negotiations and the signing of crucial agreements with the Tanzanian government. The completion of the highly anticipated host government agreement (HGA) and production sharing agreement (PSA) now allows the two energy giants...
Na Hamza Karama, Kariakoo DSM Kwa ufupi. Wafanyabiashara wakubwa wakwepa kodi tangu enzi za Awamu ya Nne watajwa kuwa chanzo cha mgomo Maamuzi ya Rais Samia ya kutuma timu ya mawaziri Kariakoo yazima mgogoro Kamati ya watu 14 kutoka Serikalini, wafanyabiashara yapewa jukumu la kumaliza mzizi wa fitna IMEBAINIKA kuwa wafanyabiashara wakubwa wanaokwepa kodi za...
Sumitomo Mitsui Financial Group Inc., a Japanese bank, has stated that it is not providing financing for an oil pipeline project in East Africa, joining the ranks of financial institutions distancing themselves from the controversial venture. During a media briefing on Tuesday, Chief Sustainability Officer Masayuki Takanashi clarified the bank’s position, saying, “We are not...
Tanzania’s President Samia Suluhu Hassan has witnessed the signing of agreements that will provide telecommunication services to 8.5 million people who currently have no access to network services. Under the state-run Universal Communications Service Access Fund (UCSAF), five telecommunication companies will partner with the government to build 758 new towers worth Sh265.3 billion in 713...
The personal Doctor of Bernard Membe’s family, Profesa Harun Nyagori, has clarified the cause of the veteran politician’s death, stating that he was not killed but died due to a sudden lung infection that caused blood clotting. According to the doctor, Membe’s death was attributed to an infection of the respiratory system. Profesa Harun Nyagori...
Tanzania’s foreign currency reserves have decreased from $5.581 billion in March 2022 to $5.012 billion in March 2023. This decline can be attributed to various factors, such as the ongoing war in Ukraine and the effects of the COVID-19 pandemic, which have significantly impacted global commodity prices. In addition, the country’s current account deficit has...
Leaders from the Southern African Development Community (SADC) came together on May 8, 2023, at an Extraordinary Organ Troika Summit (EO-OTS) in Windhoek, Namibia, to discuss the prevailing security situation in the Eastern Democratic Republic of Congo (DRC). Attendees included Heads of State and Government from Angola, DRC, Malawi, Namibia, South Africa, Tanzania, and Zambia....
China is reportedly taking over financing the East African Crude Oil Pipeline (EACOP) project as major lenders withdraw due to pressure from climate activists to abandon the project. The project, which involves the construction of a 1,443 km crude pipeline from western Uganda to the Indian Ocean coast of Tanzania, has faced delays due to...