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Business - Page 20

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Prof. Kitila Mkumbo Hails Russia’s Agricultural Excellence

The Minister of State in the Office of the President, Planning and Investment, Mhe. Prof. Kitila Mkumbo, has invited businessmen and investors from Russia to invest in Tanzania, highlighting various attractions, including the significant political stability that has been witnessed in the
October 31, 2024
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Tanzania Partners with Russian Agency for Mineral Research

The Deputy Permanent Secretary of the Ministry of Minerals, Msafiri Mbibo, has urged investors to seize investment opportunities in the mining sector, particularly in geological research using modern technology to discover new mining sites. Mbibo made these remarks on October 29, 2024,
October 30, 2024
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Majaliwa, Russian Minister Discuss Key Economic Partnerships

Tanzania’s Prime Minister Kassim Majaliwa held talks today with Russia’s Minister of Economic Development, Maxim Reshetnikov, in a meeting that underscored strengthening cooperation in sectors such as trade, agriculture, transport, education, energy, and tourism. The discussions took place in Dar es Salaam,
October 29, 2024
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Tanzania, Russia Sign Agreement to Strengthen Tourism Ties

The United Republic of Tanzania, through its Ministry of Natural Resources and Tourism, has signed an agreement with Russia to enhance tourism development, building on longstanding ties between the two nations. This agreement was formalized on October 28, 2024, during discussions held
October 29, 2024
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BRICS Adds 13 New Partner Countries

The BRICS alliance has officially expanded by adding 13 new nations as partner countries, marking a significant step in the bloc’s growth and influence on the global stage. Watch: The new partner nations include Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria,
October 24, 2024
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Putin Unveiled Symbolic ‘BRICS Banknote’ at Kazan Summit

At the BRICS summit in Kazan, Russian President Vladimir Putin was presented with a symbolic “BRICS banknote,” symbolizing the collective economic and political collaboration among the bloc’s member nations. The note, adorned with the flags of the five founding countries—Russia, China, India,
October 24, 2024
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BRICS Expands Membership as Global Influence Grows

The BRICS bloc, originally comprising Brazil, Russia, India, China, and South Africa, has officially expanded to include Egypt, Ethiopia, Iran, and the United Arab Emirates (UAE). This move highlights the growing influence of BRICS on the global stage, particularly in pushing for
October 23, 2024
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IMF Growth Forecast for 2024 Highlights BRICS Momentum

The International Monetary Fund (IMF) has released its global growth forecasts for 2024, with BRICS economies outpacing many developed nations. India leads the way with a projected growth rate of 7.0%, positioning itself as one of the fastest-growing major economies. China follows
October 23, 2024
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G7 vs BRICS: A Comparative Analysis of GDP in 2024

The G7 and BRICS represent two major economic blocs, each wielding significant influence in the global economy. In 2024, a comparison of the Gross Domestic Product (GDP) between these groups highlights shifting dynamics in economic power. G7 Nations (2024 IMF Projections): United
October 23, 2024
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