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Business - Page 45

Oil Prices Surge as Middle East Tensions Escalate

Global oil prices climbed sharply on Tuesday, with Brent crude rising about 1.8% to approximately $111 a barrel, approaching five-month highs, as growing security threats in the Middle East heightened concerns over disruptions to global energy supplies. US benchmark West Texas Intermediate
October 20, 2026

Ex-President Kikwete Praises Financial Institutions

Former President Dr Jakaya Kikwete has expressed his satisfaction with the growth rate and stability of financial institutions in the country, urging the institutions to continue operating with more professionalism to increase productivity in promoting investment and economic growth in various sectors,
March 30, 2024

Angola’s President Woos Chinese Tourists

Angola hopes to attract more Chinese tourists as part of its efforts to develop local tourism, said Angolan President Joao Lourenco in a recent interview with China Central Television (CCTV) in east China’s Shandong Province. Lourenco, who visited China from March 14
March 28, 2024

CAG Report: 8 Agencies Collect Revenue Outside (GePG) System

The Controller and Auditor General (CAG) Charles Kichere has expressed transparency concerns regarding certain government agencies, revealing that CAG Report sites 8 government agencies collecting Revenue outside the official government payment (GePG) system amounting to Tsh. 23.27 billion . The disclosure was
March 28, 2024

Tanzania State Debt Up By 15% In A Year

Government debt has reached Tsh. 82.25 trillion, showing a 15% increase from Tsh. 71.31 trillion in the 2021/2022 fiscal year. The Controller and Auditor General (CAG) Charles Kichere  disclosed this when he presented his report for the fiscal year 2022/2023 to the President 
March 28, 2024
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