Since its Independence, Tanzania has never come close to signing a record-breaking contract as it signed with Shell and Equinor on LNG extraction in Lindi, one of Tanzania’s southern regions. The project will cost 70 trillion, the biggest since Independence. What does this project mean to Tanzania’s economy and development in individual lives? Tanzania will...
Hear me out: The untold story about Ngorongoro disputes
In the past week, pictures and video clips showing scenes of the injured Maasais in Ngorongoro conservation area in northern Tanzania, bordered by Kenya, circulated online and sparked a wide controversy amongst activists calling for an end to the allegedly forceful eviction of the Maasai by the police from the area. Unfortunately, the flood of...
Oman and Tanzania take their historical relation further after establishing a joint investment fund
The United Republic of Tanzania and the Sultanate of Oman have joined and agreed to establish a joint investment fund to invest in projects of joint feasibility in several sectors, including agriculture, fisheries and mining. The agreement by the two countries was reached on the sidelines of the official visit of President Samia Suluhu Hassan...
Best African countries for entrepreneurs in 2022: Top 10 rankings
South Africa has been recognised as the most entrepreneurial country, followed by Rwanda and Morocco in second and third place, respectively. The 2021 rankings placed Kenya fourth ahead of Nigeria in fifth place. A new report compiled by the CEOWORLD magazine has found the best African countries to become an entrepreneur. The Entrepreneurship Index evaluates 100...
President Samia to Oman: Why is Oman an important and strategic partner for Tanzania’s economic development?
Oman and Tanzania have enjoyed close relations developed over thousands of years of shared cultural history and trade exchanges. The visit of President Samia Suluhu Hassan of the United Republic of Tanzania to the sultanate, starting Sunday, is expected to play a crucial role in bolstering relations further. President Samia’s visit to Oman is essential...
Tanzania signs the LNG framework agreement: How is the investment vital to Tanzania’s economy?
Today June 11, the President of Tanzania witnessed the signing of the framework agreement with Norway’s Equinor and Britain’s Shell at Chamwino State House in Tanzania’s capital Dodoma. The Minister for Energy, Hon January Makamba, who signed the agreement for Tanzania, said that the signing would pave the way for a final investment decision in...
How will the Tsh. 100 billion monthly subsidy affect citizens and the economy in Tanzania?
The post-COVID-19 pandemic and Russia’s invasion of Ukraine led to disruption of the global oil market that has spread rampant hiking of food prices and other human’s basic needs across the world. Countries worldwide are now grappling to contain commodity rapid prices soaring by adopting measures to control fuel rises that spread havoc to every...
Makamba refutes rumors of electricity price increase.
Unconfirmed news about an increase in electricity price per unit has caused controversy across social media in the last two days. Today June 10, 2022, the Minister for Energy, Hon January Makamba, cleared the air after he refuted the information saying it is untrue and people should ignore them. Hon Makamba made those remarks when...
Samia set to decode the country’s oldest puzzle as she signs the biggest water project ever.
Tanzania is one of the countries positioned in Sub-Sahara Africa that encounters a severe shortage of clean & safe water. According to reports, over 23 million people do not have access to clean drinking water and almost twice as many do not use improved sanitation facilities. However, things have been swiftly changing over time as people...
You will be amazed, here are 5 African countries with the best roads
Africa is one of the fastest-growing continents in the world. The continent has been bedevilled with infrastructure projects, but some African countries are currently bent on developing by investing heavily in infrastructural projects. Some infrastructural development includes roads. The citizens know how essential roads are to access quality and important services such as health care,...