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Business - Page 21

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Digital Trade Rules Raise Concerns in Africa

African countries are increasingly expressing concern that emerging global rules on digital trade could restrict their ability to shape the future of their economies, as negotiations continue within the World Trade Organization (WTO). At the center of the debate is the long-standing
March 26, 2026
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BRICS Space Industry Conference Held in Moscow

The BRICS Space Industry Conference was held in Moscow on 26 November. More than 40 representatives of BRICS space agencies participated in a videoconference hosted by Glavkosmos. Roscosmos Director General Yury Borisov welcomed Conference participants, noting in his speech the benefits of
November 29, 2024
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Zanzibar Hosts Belgium Business Investment Conference

A spirit of collaboration and opportunity marked the Zanzibar-Belgium Business and Investment Conference, held on November 28, 2024. Bringing together entrepreneurs and investors from both regions, the event highlighted the potential for strengthening ties and tapping into Zanzibar’s wealth of resources. Hon.
November 29, 2024
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Starlink Launches Direct-to-Cell Service Worldwide

Starlink of SpaceX, a company owned by Elon Musk, has launched a new satellite communication service “direct-to-cell”. Through this technology, users will be able to connect their smartphones directly to Starlink’s satellites. This means that there will not be a need for
November 28, 2024
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Tanzania Gears Up For Commercial Macadamia Farming

Tanzania’s horticultural industry is making impressive strides with the commercial cultivation of macadamia nuts, a crop that promises to offer farmers a profitable alternative while boosting the country’s agricultural exports. Dr. Jacqueline Mkindi, CEO of the Tanzania Horticultural Association (TAHA), revealed that
November 26, 2024
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US Alleges Billionaire Gautam Adani in Massive Fraud

Indian billionaire Gautam Adani, one of the world’s richest individuals, faces allegations from U.S. prosecutors of orchestrating a multibillion-dollar bribery and fraud scheme. The charges, brought by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC), accuse Adani
November 22, 2024
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Ginger Prices in Moshi Surge Amidst Drought

The price of ginger in Moshi, Kilimanjaro, has skyrocketed from TSh 2,000 to TSh 7,000 per kilogram due to prolonged drought conditions severely affecting local production. Traders in the municipality have resorted to importing ginger from Ethiopia to meet consumer demands. A
November 22, 2024
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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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