Dark
Light

Business - Page 25

Africa’s Diamond Industry: Economic Powerhouse and Challenges

In 2023, ten African nations secured positions within the top ten diamond-producing countries worldwide, underscoring Africa’s crucial role in the global diamond industry. This achievement highlights the continent’s significant contribution to the global supply of diamonds and its broader economic impact. Africa
July 24, 2024

Tanzania, Comoros Strengthen Economic Relations

Secretary General of the Ministry of Foreign Affairs and East African Cooperation, Ambassador Dr. Samwel Shelukindo, has opened the First Joint Cooperation Commission (JCC) Meeting between Tanzania and the Union of the Comoros at the Expert Level taking place in Dar es
July 22, 2024

DR. Jafo FormsTeam To Revive Morogoro Industries

The Minister of Industry and Trade, Dr. Seleman Jafo (MP), has instructed the Permanent Secretary of the Ministry of Industry and Trade to form a team of eight people. This team will work in collaboration with the regional administration and the Treasury
July 21, 2024

Kagera Sugar Increases Production to 150,000 Tons

Kagera Sugar Factory has ramped up its annual sugar production to over 150,000 tons, solidifying its position as Tanzania’s largest sugar producer. Watch:   The government’s aim to achieve self-sufficiency in sugar production is set to be bolstered by increased output from
July 16, 2024

Burkina Faso Leader Reclaims Gold, Expels Foreign Miners

Burkina Faso Leader Captain IbrahimTraore,, has recently made headlines by announcing a sweeping ban on gold exports from the country. This bold move is part of a larger strategy aimed at reclaiming national control over Burkina Faso’s abundant gold resources and ensuring
July 15, 2024

Japan Provides $8.9 Billion for Kigoma Port Renovation

Tanzania has received an additional grant of 548 million Japanese Yen, equivalent to 8.9 billion Tanzanian Shillings, for the renovation of Kigoma Port. This follows the amendment of two aid agreements between Tanzania, the Japan International Cooperation Agency (JICA), and the Embassy
July 12, 2024

SADC Urged to Boost Local Sugar Production

Zanzibar President Dr. Hussein Ali Mwinyi has called on Southern African Development Community (SADC) member countries to significantly increase investment in local sugar production. Speaking at the SADC Sugar Investment Forum, held in Zanzibar yesterday, Dr. Mwinyi emphasized that bolstering regional sugar
July 11, 2024
1 23 24 25 26 27 57