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Business - Page 19

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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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Trade Statistics Between Ghana and Burkina Faso

Ghana and Burkina Faso maintain strong trade relations, with significant exchanges of various goods. This aligns with broader regional efforts to enhance trade connectivity within Africa, supporting the objectives of the African Continental Free Trade Area (AfCFTA). Recent Bilateral Trade Figures Ghana’s
March 11, 2025
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Fuel Prices Rise, Drivers and Consumers Struggle

Fuel prices, particularly for petrol, diesel, and kerosene, have continued to rise, leaving millions of Tanzanians grappling with the economic impact. This ongoing increase is placing an additional financial burden on consumers, especially those relying on fuel for transportation, with rising import
March 5, 2025
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Prateek Suri Pledges Billions to Africa’s Development

Billionaire entrepreneur Prateek Suri, Africa’s wealthiest Indian businessman, has announced a major philanthropic initiative, committing a significant portion of his fortune to improving education, healthcare, and child welfare across Africa. His pledge, one of the largest individual donations in recent history, aims
March 3, 2025
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Kariakoo Boosts Security as 24-Hour Trading Takes Off

As Kariakoo transitions into a 24-hour business hub, efforts to strengthen security and improve infrastructure are gaining momentum. Authorities are moving forward with key initiatives, including the installation of surveillance cameras and improved street lighting, to support traders and shoppers in the
February 28, 2025
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Construction Costs Rise Despite Increased Material Production

Over the past decade, Tanzania’s construction industry has grown significantly, with cement and steel production more than doubling. However, instead of benefiting from lower costs, consumers continue to struggle with high prices, making construction and rent more expensive across the country. According
February 27, 2025
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