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Business - Page 42

Tanzania Seizes Sh4.9 Billion Smuggled Minerals Nationwide

 Tanzania has intensified its fight against illegal mineral trade after authorities seized minerals worth nearly Sh4.9 billion in a series of anti-smuggling operations carried out across the country over the past year, underscoring the government’s determination to protect national mineral resources and
July 13, 2026

Samia Initiates Significant Reforms

Tanzania has made significant progress in all sectors of development during the past three years under stable leadership of President Samia Suluhu Hassan and the prospects remain much more promising for further improvement, it has been said. Chief Government Spokesperson, Mr Mobhare
March 25, 2024

Tanzania,Burundi In Talks About SGR Link

Tanzania and Burundi have begun formal talks on the technical aspects of building a standard railway gauge railway (SGR) link after securing funding from the African Development Bank (AfDB). Tanzania’s Finance Minister Mwigulu Nchemba held back-to-back meetings with representatives from the AfDB
March 24, 2024

Tanzania Gets 128bn/- To Boost Revenue Management

The World Bank has approved a new $50 million funding to assist Tanzania in strengthening its revenue management, modernizing public procurement processes, and enhancing resource allocation and audit effectiveness. This funding, equivalent to 127.5 billion Tanzanian shillings, is part of the Public
March 23, 2024

Makamba Touts Big Strides in Economic Diplomacy

 Tanzania has made commendable strides in economic diplomacy, with the East African nation earning 5.6 billion US dollars in investments in 2023, up from 1 billion US dollars in 2021. The Minister for Foreign Affairs and East African Cooperation, January Makamba made
March 22, 2024
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