The International Monetary Fund’s World Economic Outlook predicts a robust 5.9 percent economic growth in the East African Community (EAC) this year. Tanzania stands out for leading the EAC in reducing inflation, with a projected four per cent, down from 4.4 per cent last year. Uganda and Kenya follow with projected inflation rates of 5...
Chama Cha Demokrasia na Maendeleo (CHADEMA) was founded 32 years ago (May 1992). The founding leaders of CHADEMA include Mr Edwin Mtei, who was the Governor of the Central Bank (father-in-law to the current Chairman, Mr Freeman Mbowe), Brown Ngululupi, Dr Amani Walid Kabourou, Philemon Ndesamburo, among others. Religion and ethnicity have been a thorn...
Chama Cha Demokrasia na Maendeleo (CHADEMA) kilianzishwa miaka 32 iliyopita yaani mwaka 1992. Viongozi waasisi wa Chadema ni pamoja na Ndugu Edwin Mtei aliyekuwa Gavana wa Banki Kuu (Baba Mkwe wake Mwenyekiti wa sasa, Bwana Freeman Mbowe), Brown Ngululupi, Dr Amani Walid Kabourou, Ndesamburo na wadau wengine. Suala la udini na ukabila limeendelea kuwa mwiba...
The International Court of Justice (ICJ) in The Hague commenced a two-day hearing on South Africa’s genocide case against Israel over the Gaza war. Amidst the proceedings, Israeli forces continued to bombard the Gaza Strip, resulting in over 100 Palestinian deaths and nearly 200 injuries within 24 hours, as reported by the Gaza Ministry of...
In a case challenging Israel’s national identity, South Africa has formally accused the country of committing genocide against Palestinians and appealed to the United Nations’ top court to order an immediate halt to Israeli military operations in Gaza. Israel, founded in the aftermath of the Holocaust, vehemently denies the allegations and, in an unusual move,...
The Chama cha Demokrasia na Maendeleo (Chadema) has submitted four major proposals to the Parliamentary Committee on Administration, Constitution, and Legal Affairs regarding amendments to election laws presented by the government in Dodoma in November 2023. Our correspondent reports from Dar es Salaam… (continue). The proposals were presented on January 10, 2024, by the Secretary-General...
In a recent revelation, Tanzania has clinched the title of the second-largest tobacco producer in Africa for the 2022/2023 season, achieving a momentous milestone for the nation. Minister for Agriculture Hussein Bashe took to his social media platform to announce this notable feat, shedding light on Tanzania’s impressive surge in tobacco production. Witnessing a substantial...
Tourism revenues experienced a substantial surge, increasing by 37.5 percent to reach $3.3 billion in the period up to November 2023, as revealed in the Bank of Tanzania’s monthly economic review for December 2023. Concurrently, tourist arrivals exhibited a notable rise of 27 percent, totaling 1.797 million visitors. This robust growth in the tourism sector,...
The adoption of a new monetary policy in Tanzania signifies a shift towards an interest rate-based framework aimed at maintaining price stability and supporting sustainable economic growth. The Bank of Tanzania (BoT) announced this change, emphasizing its alignment with international best practices and commitment to harmonizing monetary policy frameworks within the East African Community and...
Anticipated developments in Tanzania’s liquefied natural gas (LNG) sector are on the horizon as the government and international investors aim to finalize agreements for an LNG plant next month. Following ongoing negotiations between Tanzania and major global oil companies, Mr. Charles Sangweni, the director general of the Petroleum Upstream Regulatory Authority (PURA), revealed that the...