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Business - Page 29

Tanzania Strengthens Position as Emerging Global Graphite Powerhouse

Tanzania is rapidly emerging as one of the world’s most strategic graphite producers as global demand for battery minerals continues to rise alongside the transition to clean energy and electric vehicles. In a major step for the country’s mining sector, the Government

May 29, 2026

Business·World

TRA Sponsors Ndondo Cup with Tsh40.5m, Vows To Protect Consumers.

The Tanzania Revenue Authority (TRA) has announced its sponsorship of 40.5m/- to the Ndondo Cup, in collaboration with Shadaka Sports Management. Disclosing this in Dar es Salaam, on today, TRA Director for Taxpayer Services and Education, Richard Kayombo, further said that the

August 19, 2024

Business·Tanzania

Tanzania’s Trade Policies Hinder Economic Growth

The former British High Commissioner to Tanzania, David Concar, has drawn attention to significant challenges within Tanzania’s trade policy environment that are adversely affecting local manufacturing and the broader economy. Concar, who recently concluded his four-year tenure, has voiced concerns that the

August 17, 2024

Business·World

Uganda Shifts Oil Exports to Dar es Salaam

The Uganda National Oil Company (UNOC) has officially announced the commencement of using the Port of Dar es Salaam for the loading and transportation of oil to Uganda. This move follows new agreements reached on May 24-25, 2024, during the Second Uganda-Tanzania

August 16, 2024

Business·Tanzania

CCCC Engages Tanzania Youth with Employment and Development Opportunities

The China Construction Communication Company (CCCC) organised an event to showcase its work and highlight opportunities for employment, training, and volunteering for Tanzanian youth. CCCC Vice Manager Li Yuliang, emphasized that after 14 years of operations in Tanzania, the company has contributed

August 15, 2024

Business·World

Kenya aviation workers to strike over airport deal with India’s Adani

Kenya’s main aviation union has announced plans to strike starting next Monday in protest against a proposed agreement with India’s Adani Airport Holdings to develop Jomo Kenyatta International Airport (JKIA), the country’s largest airport. The industrial action could potentially cause significant disruptions

August 13, 2024

Business·Tanzania

Citizens Urged to Budget

Citizens of Ruangwa District in Lindi Region and other areas of Tanzania have been encouraged to develop the habit of budgeting their money when they sell crops or engage in any business to ensure the funds are used effectively for development activities

August 13, 2024

Business·Tanzania

Treasury Registrar Announces Major Reforms for Institutions

The Treasury Registrar, Nehemia Mchechu, has announced plans for major reforms in approximately 50 public institutions, with the intention of eventually listing them on the stock exchange. Mchechu made this statement yesterday during the handover of the Mponde Tea Factory. He was

August 11, 2024

Business·Tanzania

Retail Fuel Prices Rise in August 2024 Across Key Ports

Retail prices for petrol and diesel have risen in regions sourcing these fuels from the ports of Dar es Salaam, Tanga, and Mtwara, compared to July. The Energy and Water Utilities Regulatory Authority (EWURA) has released a statement indicating the new fuel

August 7, 2024

Business·Tanzania

Tanzania to Impose Tobacco Sales Levy for Healthcare Funding

President Samia Suluhu Hassan has announced a new policy requiring tobacco processing and cigarette manufacturing industries in Tanzania to implement a levy on their sales. This initiative aims to generate revenue that will be directed towards healthcare services for individuals affected by

August 6, 2024

Business·Tanzania

SAGCOT Expands to National Agricultural Corridors

The 31st Nane Nane International Agricultural Exhibition has commenced across the nation, bringing attention to the Southern Agricultural Growth Corridor of Tanzania’s (SAGCOT) latest transformative plans. In a significant development, SAGCOT has announced its intention to expand its successful agricultural model nationwide,

August 1, 2024

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