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Business - Page 13

Kariakoo Market Springs Back to Life After Election Unrest

Normalcy has returned to the heart of Dar es Salaam’s bustling trade zone, Kariakoo Market, following days of disruption linked to post-election tension late last month. Traders and residents say the once-busy streets, which had temporarily fallen silent, are now alive again

November 13, 2025

Business·Opportunities·Tanzania

Tanzania’s Startup Boom: How Entrepreneurs Are Thriving

Over the past few years, Tanzania has undergone a remarkable transformation in its startup ecosystem. What was once considered a challenging market for investment has now become one of Africa’s most promising destinations for startup funding. Since 2019, Tanzanian startups have attracted

February 26, 2025

Business·Politics·Tanzania

Kariakoo Businesses to Operate 24 Hours to Boost Trade

Dar Es Salaam Regional Commissioner Albert Chalamila has announced that businesses in Kariakoo will now operate 24 hours a day. The decision, which took effect immediately, is expected to create more opportunities for traders, improve convenience for customers, and strengthen the city’s

February 25, 2025

Business·Tanzania

Tanzanian Exporters Struggle as Phytosanitary Fees Skyrocket

Tanzania’s agricultural exporters are facing a major hurdle after the government implemented a sharp increase in fees for phytosanitary certificates—essential documents required to ensure produce meets international health and safety standards. The drastic hike, which exceeds 460%, has sparked concern among exporters,

February 25, 2025

Business·Tanzania

Tz, Moves Closer to Sugar Self-Sufficiency with Major Expansion

Tanzania is on the verge of a major breakthrough in sugar production, as the country pushes forward with an ambitious factory expansion project aimed at doubling its annual output. The move is expected to bridge the nation’s sugar deficit and strengthen the

February 21, 2025

Business·Politics·Tanzania

Tanzanian Truckers Suffer Heavy Losses Amid DRC Conflict

Tanzanian truck drivers and transporters are facing major losses as the ongoing conflict in the eastern Democratic Republic of Congo (DRC) continues to disrupt trade and supply chains. Many truck owners say their vehicles have been stranded for weeks, and most have

February 21, 2025

Business·Tanzania

Gold Prices Hit Record High Amid Global Uncertainty

The price of gold has soared to unprecedented levels, reaching Sh7.5 million per troy ounce on February 15, 2025. This marks the highest price ever recorded, according to the Bank of Tanzania’s exchange rates. The surge represents a sharp increase of Sh1.3

February 19, 2025

Business·Tanzania

Tanzania Probes Foreign Traders’ Presence in Kariakoo

A government-appointed committee investigating the growing number of foreign traders in Kariakoo has made significant progress, with half of its work now complete. The committee, formed by the Minister of Industry and Trade, Dr. Selemani Jafo, on February 2, has been meeting

February 17, 2025

Business·Tanzania

Barrick Contributes Shilingi 11 Trillion to Tanzania’s Economy

Barrick Gold Mining Company has contributed a significant Shilingi 3.6 trillion to Tanzania’s government revenue through taxes, royalties, and various fees over a period of four years, from 2020 to 2024. This was revealed in Dodoma by Barrick’s Country Manager, Dr. Melkiory

February 14, 2025

Business·Tanzania

Tanzania, South Sudan to Strengthen Economic Cooperation

The Government of the United Republic of Tanzania and the Republic of South Sudan have emphasized strengthening bilateral and regional cooperation through the East African Community to ensure that significant economic opportunities benefit both parties. The emphasis was given when the Minister

February 14, 2025

Business·Tanzania

Tanzania and Algeria to Promote Economic Diplomacy

The governments of Tanzania and Algeria have agreed to promote economic diplomacy by utilizing the significant economic opportunities available in the two countries to build the prosperity of their people. This came when the Minister of Foreign Affairs and African Cooperation, Hon.

February 14, 2025

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Business - Page 13