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Business - Page 45

Dar, Cairo agree on mega continental road project

Tanzania and Egypt have agreed to cooperate in rehabilitating a section of the Cairo-Cape Town Highway crossing Tanzania, aiming to unlock the continent’s potential. Tanzania’s Works Minister, Mr Innocent Bashungwa, revealed this in Dar es Salaam on Tuesday after meeting with Egypt’s
February 21, 2024

Qatar yatoa msaada waathirika Hanang

Serikali nchini Qatar imetoa msaada wa vyakula kwa ajili ya waathirika wa maafa ya maporomoko ya tope yaliyotokea Disemba mwaka jana wilayani Hanang mkoani Manyara na kuua watu 89. Naibu Waziri Ofisi ya Waziri Mkuu Sera, Bunge na Uratibu Ummy Nderiananga amepokea
February 20, 2024

Kenyan central bank buys dollar to curb volatility

Kenya’s central bank bought dollars on the foreign exchange market on Thursday to curb volatility, traders said, as the shilling rocketed to its strongest level since June 2023. The central bank says it only intervenes to smooth out volatility when the shilling
February 16, 2024

Nigerian ex-Prez Buhari’s signature forged to withdraw $6m

Nigeria is seeking Interpol’s help to arrest three suspects who allegedly stole $6.2m from the central bank, using the forged signature of then President Muhammadu Buhari. Authorities believe that the suspects conspired with Nigeria’s former central bank chief Godwin Emefiele. He is
February 16, 2024

Govt advised to expand scope of tax collection

The Parliamentary Budget Committee, led by Chairman Mr. Daniel Sillo, has advised the government to broaden the scope of tax collection and ensure effective utilization of tax systems to secure adequate funds for the implementation of crucial development projects. Despite achieving revenue
February 16, 2024
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