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Tanzania’s Debt Strategy Ensures Sustainable Growth

Tanzania is investing heavily in key infrastructure projects, including the construction of its standard gauge railway, which has raised concerns about the country’s increasing debt levels. However, despite the growing borrowing, the country’s debt situation remains relatively stable compared to its neighbors,
December 16, 2024

Ghana’s President-Elect Pledges to Review IMF Deal

Ghana’s President-elect, John Dramani Mahama, has assured citizens that he will uphold the country’s $3 billion bailout agreement with the International Monetary Fund (IMF), but with a commitment to renegotiate key aspects to better serve the nation’s needs. Following his resounding victory
December 16, 2024

Abdallah Ulega Leads Special Prayers for Peace

The Minister for Construction and Member of Parliament for Mkuranga,   Abdallah Ulega joined thousands of residents in Mkuranga District for a special prayer session. The prayers were dedicated to seeking divine support for President Samia Suluhu Hassan as she carries out her
December 15, 2024

 Cyclone Chido Brings Heavy Rain Risk to Mtwara

Southern Tanzania is bracing for potential short bursts of heavy rain as Cyclone Chido continues its journey across the Indian Ocean. The cyclone, currently lingering north of Madagascar, has prompted cautious optimism, with weather experts noting it is unlikely to have a
December 15, 2024

Kenya Celebrates 60 Years of Naval Service

Kenyan President Dr. William Samoei Ruto led the nation in celebrating the 60th anniversary of the Kenya Navy at the Mtongwe Naval Base in Mombasa County. The event highlighted the Navy’s six-decade journey of protecting Kenya’s sovereignty and ensuring the safety of
December 15, 2024

IMF Approves $204.5 Million Support for Tanzania

The International Monetary Fund (IMF) has extended a financial lifeline to Tanzania, approving a disbursement of $204.5 million. The decision follows the completion of reviews under two key programs, reflecting confidence in Tanzania’s economic management and reform agenda. This approval includes $148.6
December 14, 2024
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