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Business - Page 11

Tanzania Seizes Sh4.9 Billion Smuggled Minerals Nationwide

Tanzania has intensified its fight against illegal mineral trade after authorities seized minerals worth nearly Sh4.9 billion in a series of anti-smuggling operations carried out across the country over the past year, underscoring the government’s determination to protect national mineral resources and

July 13, 2026

Business·Tanzania

Tanzania’s Industrial Future: Market or Government Leadership?

Tanzania stands at a crossroads in its pursuit of industrialization. With ambitious projects like the Standard Gauge Railway (SGR) and the planned Bagamoyo Port, alongside a vibrant wave of youth-driven innovation, the nation’s journey toward becoming a middle-income economy by 2050 raises

August 4, 2025

Business·Tanzania

Ministry of Finance Introduces Digital Licensing System for Auctioneers

The Ministry of Finance has developed an Electronic Licensing System for Auctioneers and the Operation of Public Auctions, which enables citizens to apply for and obtain licenses electronically using mobile phones or laptops. This aims to eliminate the inconvenience and cost of

August 4, 2025

Business·Tanzania

TRA Grants Tax Amnesty for Non-Compliant Vehicles

The Tanzania Revenue Authority (TRA) has declared a tax amnesty for owners of vehicles that were not subjected to proper customs clearance. The amnesty, which started on August 1 and will run until December 31, 2025, allows vehicle owners to pay due

August 2, 2025

Business·Tanzania

Sugar Wars: U.S. Sweetener Debate Meets Tanzania’s Supply Crisis

The news that Coca‑Cola is launching a cane sugar–sweetened soda in the U.S.—following a public nod from former U.S. President Donald Trump—has reignited debate over high‑fructose corn syrup (HFCS) versus cane sugar. Meanwhile, bottlers in Tanzania face severe sugar shortages, compounding global

August 2, 2025

Business·World

China Announces BRICS Move to Reduce U.S. Dollar Reliance

The 17th BRICS Summit, held in Rio de Janeiro earlier this month, underscored a key paradox in international politics: a bloc often dismissed as fragmented and ineffective managed to provoke an immediate and forceful economic reaction from the United States—arguably the world’s

August 2, 2025

Business·Politics·Tanzania

Tanzania Unveils Logistics Hub to Transform Investment Climate

Tanzania has taken a bold leap toward becoming a major trade and investment destination in Africa, with the official opening of the East Africa Commercial and Logistics Centre (EACLC) in Ubungo, a suburb of Dar es Salaam. The launch was presided over

August 1, 2025

Business

Trump’s Trade Deadline Passes Quietly

U.S. President Donald Trump‘s self-imposed trade deadline passed this week, few bilateral agreements were finalized, raising concerns among economic observers and global stakeholders. Trump’s widely publicized push for “America First” trade realignment appears to have delivered more uncertainty than clarity, prompting regions

August 1, 2025

Business·Politics·Tanzania

Pinda to Launch Eastern Zone Nane Nane

Mizengo Pinda, the former Prime Minister of Tanzania and current presidential advisor on agriculture, is scheduled to inaugurate the Eastern Zone Nane Nane Agricultural Exhibition this coming Saturday at the Mwalimu Julius Kambarage Nyerere showgrounds in Morogoro Region. The Nane Nane event,

July 31, 2025

Business·Politics·World

African and Caribbean Leaders Seek Stronger Trade Partnership

Tanzania’s Prime Minister Kassim Majaliwa At the opening of the 4th Afri-Caribbean Trade and Investment Forum (ACTIF 2025), held at the Radisson Conference Centre in St. George’s, Grenada, called on African and Caribbean nations to work together more closely to overcome the

July 30, 2025

Business·Tanzania

‘Made in Tanzania’ Initiative Launched to Boost Local Industry

The official launch of the Made in Tanzania initiative marks a transformative moment in the country’s ongoing efforts to build a robust, self-reliant economy. By promoting confidence in homegrown products, the campaign aims to revitalise Tanzania’s industrial sector, drive local innovation, and

July 29, 2025

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Business - Page 11