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Business - Page 19

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 Tanzania Denies Blocking Rwanda’s Milk Exports

Tanzania has responded to recent accusations by Rwanda alleging that it has restricted the import of Rwandan milk, despite a memorandum of understanding signed by the two countries earlier this year intended to facilitate trade. Deputy Minister for Industry and Trade, Mr.
November 14, 2024
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Tanzania, DRC Outpace Kenya in Ugandan Trade Shift

Tanzania and the Democratic Republic of Congo (DRC) are rapidly surpassing Kenya as the primary consumers of Ugandan goods, a shift poised to impact trade dynamics within the East African Community (EAC). According to data from the Private Sector Foundation of Uganda
November 12, 2024
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BRICS Proposes Crypto Platform for Emerging Markets Investment

The BRICS bloc has unveiled an ambitious proposal for the creation of a new global cryptocurrency investment platform, aimed at enhancing the economic collaboration among its member nations and fostering growth in emerging markets. Russian President Vladimir Putin announced the initiative, emphasizing
November 12, 2024
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EWURA Certifies Performance Data of 82 Water Authorities

The Energy and Water Utilities Regulatory Authority (EWURA) has completed the verification of performance data for 82 Water and Environmental Sanitation Authorities across the country. This effort aims to ensure accurate statistics for inclusion in the 2023/24 Performance Report. EWURA’s Acting Director
November 9, 2024
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Tanzania To Host Heads of State Energy Summit

As African leaders prepare to meet in Dar es Salaam for the Africa Energy Summit in January 2025, all eyes will be on an exciting new initiative called “Mission 300.” This ambitious project, led by the World Bank and the African Development
November 8, 2024
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Government Reports Significant Port Improvements Achieved

The Tanzanian government has announced major financial and operational advancements at the Port of Dar Es Salaam, attributing an impressive 85 percent reduction in vessel waiting times to its collaboration with a leading global logistics provider. This transformation comes as a result
November 2, 2024
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Russia Strengthens Economic Ties with Tanzania Amid Forum

Russia’s interest in Tanzania’s growing economy has gained momentum following the successful Tanzania-Russia Business and Investment Forum in Dar Es Salaam. The two-day forum brought together high-level government representatives, business leaders, and investors to discuss expanded cooperation in agriculture, energy, tourism, and
November 1, 2024
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Russia Levies Historic Fine on Google Over Media Restrictions

Russia has issued a fine against tech giant Google totaling two undecillion rubles—a sum so vast it surpasses all global wealth. This unprecedented penalty follows Google’s refusal to reinstate Russian state-affiliated media on YouTube, channels restricted following the invasion of Ukraine and
November 1, 2024
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