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Business - Page 12

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Tanzania, Finland Strengthen Trade and Development Ties

 Tanzania and Finland have reaffirmed their strong bilateral ties, focusing on expanded trade, investment, and sustainable development cooperation. This came during the Tanzania–Finland Trade and Investment Forum, held in Dar es Salaam, which brought together policymakers and private-sector stakeholders from both countries.
May 16, 2025
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Tanzania Ports Register Major Gains After Reforms

Tanzania’s maritime sector is experiencing a robust transformation, with the government reporting significant gains in revenue and port efficiency at the Port of Dar es Salaam following new public-private partnership initiatives. Presenting the 2025/26 budget in Parliament on May 15, 2025, Minister
May 15, 2025
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China Cautions UK Over New US Trade Deal

China has voiced strong opposition to the newly signed UK-US trade agreement, warning that the deal may undermine global trade principles and unfairly isolate Chinese interests. The agreement, which was finalized last week, grants British exporters reduced tariffs on products like automobiles
May 14, 2025
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US-China Trade Talks Signal Possible Reset

The recent comments from China’s Vice Commerce Minister have provided insight into how the world’s two largest economies are approaching a delicate—but promising—moment in their trade relationship. Following recent high-level meetings in Geneva, Chinese Vice Commerce Minister Li Fei emphasized that any
May 12, 2025
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US and China Reach Breakthrough in Tariff Dispute

The United States and China have agreed to dramatically reduce tariffs on each other’s imports for the next 90 days. The decision, announced after crucial negotiations in Geneva, Switzerland, is seen as a breakthrough moment in what has been a prolonged and
May 12, 2025
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Tanzania Opens Second-Largest CNG Hub in Africa

Tanzania has officially inaugurated one of Africa’s largest Compressed Natural Gas (CNG) mother stations, a major milestone in the nation’s drive toward cleaner and more sustainable transport solutions. Strategically located along the Dar es Salaam Rapid Transit (DART) corridor, the newly opened
May 10, 2025
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China, U.S. Restart Trade Talks Amid Tariff Strains

After months of economic tension and rising tariffs, senior trade representatives from the United States and China are set to meet this weekend in Geneva for high-level discussions aimed at defusing the ongoing trade war. The meeting will bring together U.S. Treasury
May 7, 2025
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Fuel Prices Fall Nationwide, Offer Relief

Tanzanians will feel some relief at the fuel pump this month following a nationwide drop in fuel prices, as announced by the Energy and Water Utilities Regulatory Authority (EWURA). The new prices, which took effect today, come at a time when transport
May 7, 2025
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India Eases Tariffs on U.S. Imports to Boost Trade

India has made a significant move to enhance trade with the United States by offering zero tariffs on a range of crucial imports, including pharmaceuticals, steel, and auto parts. The policy change, announced during a key meeting between Indian officials and U.S.
May 6, 2025
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