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Business - Page 25

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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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Adani Pays $50,000 for JKIA Proposal

Adani Airport Holdings Limited has paid a $50,000 (about Ksh.6.47 million) review fee to the Kenyan government for its $1.85 billion (Ksh.242 billion) proposal to take over and renovate Jomo Kenyatta International Airport (JKIA) in Nairobi. The fee was deposited into the
September 18, 2024
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Constitutional Case on Sugar Imports Today

Today, the High Court in Dar es Salaam will hear a crucial constitutional case filed by Kisesa MP Luhaga Mpina (CCM). The case, numbered 18383/2024, is set to begin at 2:00 PM under the guidance of Judge Anold Kirekiano. Mpina’s lawsuit challenges
September 18, 2024
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Mwigulu,Mwanza Market Development 96% Complete

Tanzania’s Minister of Finance, Dr. Mwigulu Nchemba, has provided an encouraging update on the new Mwanza market, which is nearing the end of its construction phase. Currently, the project stands at 96% completion, with final touches being applied to this state-of-the-art facility
September 17, 2024
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Tanzanian Government Enhance Clean Cooking Initiative

Deputy Prime Minister and Minister for Energy, Dr. Doto Biteko, has extended his gratitude to Oryx Gas Tanzania for their generous contribution of gas cylinders to various communities across the country. This initiative supports President Samia Suluhu Hassan’s vision of Africa leading
September 9, 2024
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Traders Block Major Highway Over New Crop System

Local traders and cargo carriers protested against the government’s new crop marketing system by blocking the key Dodoma-Singida-Shinyanga highway. The protest took place recently when demonstrators used logs and branches to block the road for one hour at Uwanja wa Liti. Their
September 9, 2024
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China Opens Market for Tanzanian Avocados

Farmers growing avocados in Tanzania are poised to achieve significant economic success as China, the world’s most populous country, has approved Tanzanian companies to export avocados directly to its market. This pivotal development, effective from August 14 this year, marks a significant
September 7, 2024
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Economists Urge Removal of Trade Barriers

Tanzanian economists have emphasized the urgent need for removing trade barriers between Tanzania and China. This call comes amidst ongoing discussions about improving the trade balance, which currently favors China significantly. Dr. Nassib Mramba, a Senior Lecturer at the College of Business
September 3, 2024
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Zanzibar’s Liquor Import Issues Impact Economy

The Zanzibar Revenue Authority (ZRA) has conducted an investigation into recent changes in the issuance of liquor import licenses, which revealed significant issues leading to tax losses between January and June 2024. These issues, which include corruption, tax evasion, and inadequate business
August 27, 2024
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Nyerere Bridge Generates Sh102 Billion in Nine Years

The Nyerere Bridge in Kigamboni, a key infrastructural project linking the Kigamboni district with the mainland of Dar es Salaam, has generated Sh102.18 billion in revenue over nine years of operation, according to recent government disclosures. However, the full repayment of the
August 27, 2024
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TRA Strengthens Collaboration to Address Taxpayer Concerns

The Tanzania Revenue Authority (TRA) has reaffirmed its commitment to upholding high standards of professionalism and fairness in tax enforcement, while also addressing the grievances of taxpayers, particularly concerning the issuance of agency notices. This assurance was given by TRA Commissioner General
August 23, 2024
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