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Business - Page 44

Russian coal exports to South Korea hit three-year high

Russian coal exports to South Korea have surged to their highest level in three years, highlighting a significant shift in Seoul’s energy sourcing as it seeks to strengthen power supply security amid disruptions in global energy markets. South Korea imported approximately 12.5
August 24, 2026

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

Nape Appoints New TCRA Board Members

 The Minister for Information, Communication, and Information Technology, Mr Nape Nnauye, has appointed four members to the Tanzania Communications Regulatory Authority (TCRA) Board. A statement issued by the Government Communication Unit in the Ministry of Information, Communication, and Information Technology late on
March 22, 2024
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