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Business - Page 2

Government Moves to Protect Small-Scale Fishermen Nationwide

The government has moved to rein in practices that it says have been hurting small-scale fishermen, announcing a firm ban on fish processing factories operating their own boats on lakes or buying fish directly from fishermen while still at sea. The decision,

December 30, 2025

Business·World

Global Central Banks Turn to Gold as Confidence in Dollar Wavers

The world’s central banks are buying gold at a pace not seen in decades — a move that has propelled the precious metal to become the second-largest reserve asset globally, after the US dollar. A new report released by the European Central

October 17, 2025

Business·Tanzania

Gold Exports Boost Tanzania’s Economic Prospects

Tanzania’s gold industry has reclaimed its position as the country’s top export earner, surpassing $4 billion for the first time in years. The surge is fueled by record-high global prices and rising investor demand for safe-haven assets. According to the Bank of

October 7, 2025

Business·Tanzania

Nzega Traders Demand Urgent Market Infrastructure Improvements

Traders at the Kachoma Farmers’ Market in Nzega District, Tabora Region, have urged the government and local authorities to urgently upgrade the market’s infrastructure to ensure safer and more efficient business operations. Currently, vendors are forced to display their produce directly on

October 4, 2025

Business·Tanzania

Tanzania Keeps Key Interest Rate Steady Amid Strong Growth

The Monetary Policy Committee (MPC) has decided to maintain Tanzania’s Central Bank Rate (CBR) at 5.75 percent, reflecting growing confidence in the nation’s economic performance and political stability. The move signals that policymakers are satisfied with the current pace of growth and

October 4, 2025

Business·Tanzania

Tanzania Fuel Prices Drop Again This October

Tanzanians will be paying less at the pump this October as fuel prices continue their downward trend. The latest review by the Energy and Water Utilities Regulatory Authority (EWURA) shows petrol prices falling by 55 shillings per liter, while diesel has dropped

October 1, 2025

Business·Politics·World

Trump Revives Global Trade Battle With Tariffs

The United States is set to introduce sweeping new import tariffs beginning October 1, 2025, marking a dramatic escalation in Donald Trump’s approach to global trade. The measures will target pharmaceuticals, heavy-duty trucks, home repair materials, and furniture — sectors the administration

September 26, 2025

Business·World

Barrick Mining Reaches 13-Year High After Nevada Gold Find

Barrick Mining (NYSE: B) (TSX: ABX) has surged to its highest level in 13 years, fueled by a “game-changing” gold discovery in Nevada and the overall strength of the precious metals market. The company’s shares listed in Toronto jumped as much as

September 23, 2025

Business·Tanzania

Kawe Market Inferno Prompts Urgent Government Relief

The fire that tore through Kawe Market in Dar es Salaam on the night of September 15 left behind more than ashes—it left hundreds of families uncertain about their tomorrow. Traders stood helplessly as stalls and goods worth millions went up in

September 16, 2025

Business·Opinion·World

Tanzania Weighs Gold And BRICS To Cut Western Financial Grip

As global powers tighten financial rules and reinforce dollar dominance, Tanzania faces renewed pressure to balance stability with sovereignty. Economists warn that Western-imposed financial frameworks — from IMF conditionalities to new global tax regimes – risk narrowing the country’s economic policy space.

September 15, 2025

Business·World

African Leaders Gather To Boost Continental Trade

The 4th edition of the Intra-African Trade Fair (IATF 2025) officially opened today at the Abdelatif-Rahal International Conference Center in Algiers, bringing together African heads of state, government officials, and business leaders under the theme “Gateway to New Opportunities. ” The event,

September 10, 2025

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