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Business - Page 18

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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
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Trump Stands Firm on Israeli Tariffs Decision

U.S. President Donald Trump has stated that he might not reduce tariffs on Israeli imports citing the billions of dollars in aid the United States already provides to Israel each year. Speaking during a meeting with Israeli Prime Minister Benjamin Netanyahu at
April 8, 2025
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China Vows to Resist Trump’s Trade Tariffs

China has declared it will not back down in the face of new tariffs imposed by former U.S. President Donald Trump, warning that it is prepared to fight “to the end” if necessary. The strong statement marks another sharp escalation in the
April 8, 2025
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Trump Holds Firm As Markets Spiral Lower

U.S. President Donald Trump doubled down on his hardline approach toward China, declaring that no trade deal will be made unless Beijing addresses the longstanding U.S. trade deficit. Speaking aboard Air Force One on Sunday, Trump acknowledged the market panic but insisted
April 7, 2025
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China Rejects Tech Deal Amid Trade Tensions

China has firmly rejected a proposal to sell one of its most prominent digital platforms to an American company. The decision comes in direct response to the latest round of tariffs introduced by  U.S. President Donald Trump, a move that has rekindled
April 5, 2025
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Germany Moves Gold Home Amid Trade Concerns

Germany has quietly completed the transfer of hundreds of tonnes of gold from vaults in New York and Paris back to its own soil in Frankfurt years earlier than originally planned. While the decision dates back to 2013, it has taken on
April 5, 2025
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Fuel Prices Increase Despite Falling Import Costs

Tanzanians will have to dig deeper into their pockets this month as fuel prices rise, despite a decrease in global import costs. The Energy and Water Utilities Regulatory Authority (EWURA) has released new fuel prices for April 2025, showing an increase in
April 2, 2025

China Prepares for Possible Trade War with U.S.

 Chinese officials have warned that the country must be ready for a potential trade war with the United States as tensions between the two economic superpowers continue to rise. The statement follows a series of tariff increases and retaliatory measures that have
March 27, 2025
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