Tanzania’s diamond exports hit a record of $63.1 million (Sh147.46 billion) in the 11 months to November 2022, the Bank of Tanzania has revealed, a very sharp rise from the $8.4 million (Sh19.63 billion) that was recorded in the year to November 2021. The rise was attributed to the country’s diamond producer Williamson Mines which is...
In a bold move towards economic unity, the East Africa Community (EAC) has announced plans to implement a single currency within the next four years, despite the pushback by a technical working group that the deadline should be moved to 2031. He also revealed that the Council of Ministers representing the EAC is expected to...
Online freelancing platforms such as Upwork, Fiverr, and Freelancer, where individuals can offer their skills and services to clients from around the world. Social media platforms like Instagram, TikTok, and YouTube, where individuals can build a following and earn money through sponsored posts, affiliate marketing, and creating and selling their own products. Online marketplaces like...
Tanzania’s minister for Agriculture Hon, Hussein Bashe, has stated that Tanzania is not ready for GM crops. However, Tanzania has allocated funds for two high-end labs to research and understand GM crops before taking any further steps. “We first want to understand GMOs through research and then educate our farmers before we start using them”,...
The Zanzibar Revolution, which occurred on January 12, 1964, was a significant event in the history of Zanzibar and East Africa. The revolution saw the overthrow of the Sultan of Zanzibar and the establishment of a socialist government. The revolution was led by the Afro-Shirazi Party (ASP), a political party that had been formed by...
As global cocaine markets continue to expand, a new investigation suggests countries across east and southern Africa are receiving much larger drug shipments from South America than was previously believed. Drug market research in 16 countries has found both substantial local consumption and bulging transit flows to Europe and Australia, according to a Global Initiative...
Verification was designed to protect innocent consumers against fraudulent and fraudulent online activities. Tanzania Communications Regulatory Authority (TCRA) said over two million unverified Subscriber Identification Modules (Sim cards) could be misused for criminal offences. In collaboration with mobile network operators, the regulator is verifying Simcard registration by ensuring the subscribers’ fingerprints match those in the...
A few days after President Samia Suluhu lifted the ban on political rallies in Tanzania that her late predecessor placed in 2016, oppositional leaders around the country have praised the move, calling it the restoration of Tanzania’s democracy. Chadema’s oppositional leader and the former Tarime MP, John Heche, has praised President Samia’s historic decision and...
Tanzania’s economy grew at 5.2 percent in the third quarter of 2022 compared as 5.5 percent attained in the third quarter 2021, according to the latest National Bureau of Statistics (NBS) figures. The Third Quarter (July – September) Gross Domestic Product 2022 report released by the statistics body further shows that during the third quarter...