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Business - Page 25

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CRDB Campaign Second Draw Rewards Six Winners

The excitement surrounding the ongoing CRDB Bank TemboCard Visa campaign intensified after six lucky customers emerged winners during the second official draw of the “Fainali Ndo Mpango” promotion, a nationwide campaign designed to reward customers using digital payment services ahead of the
May 12, 2026
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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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Tanzania and Singapore to Boost Trade Relations

Deputy Prime Minister and Minister of Energy, Dr. Doto Biteko, has emphasized the long-standing relationship between Tanzania and Singapore, highlighting the need for both countries to review the reasons behind their partnership and increase trade between them. Dr. Biteko made these remarks
October 22, 2024
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Egypt Increases Fuel Prices for Third Time This Year

Early on Friday, Egypt’s Petroleum Ministry announced a significant increase in fuel prices, marking the third adjustment in 2024. The latest hike reflects the government’s ongoing efforts to manage fuel subsidies amidst rising consumption rates and economic pressures. The price for diesel,
October 19, 2024
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