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Business - Page 47

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

Business·Opinion·World

Unfulfilled Promises Leaves Tanzania -Russia Fertilizer Trade in a Limbo

World leaders often engage in diplomatic visits with the aim of establishing and strengthening bilateral relations with other countries. During these visits, promises and commitments are made in the spirit of cooperation and mutual benefit. However, it is disheartening to see a

March 7, 2024

Business·Politics·Tanzania

Tanzania-Zanzibar Committee Addresses Union Issues

The joint committee meeting between the Government of the United Republic of Tanzania and the Revolutionary Government of Zanzibar focused on resolving the final 4 out of 25 Union issues. Held in Zanzibar and overseen by Vice President Dr. Philip Mpango, the

March 7, 2024

Business·World

East African economy to expand by 5.1 percent

The East African economy is projected to grow by 5.1 percent this year with Kenya, Rwanda and Tanzania leading the region’s economic momentum. A report by audit, tax and consulting firm RSM (Eastern Africa) Consulting Ltd, dubbed “The East African Economic Outlook

March 7, 2024

Business·Politics·World

Russian and Nigerian foreign ministers hold talks in Moscow

The foreign ministers of Russia and Nigeria held talks in Moscow on Wednesday where they discussed future relations between the two countries. Russian foreign minister, Sergey Lavrov, told his Nigerian counterpart, Yusuf Tuggar, that Moscow sees Nigeria as a priority partner on

March 6, 2024

Business·Tanzania·World

Drivers Face Soaring Fuel Costs as Prices Spike at the Pump

The Energy and Water Utilities Regulatory Authority (EWURA) has announced an increase in the price caps for petroleum products in the country, effective Wednesday, March 6, 2024. For the month of March 2024, the retail prices of fuel (per litre) in the

March 6, 2024

Business·Politics·Tanzania

President Samia swears in new Energy Deputy PS

President Samia Suluhu Hassan has officially sworn in Dr. James Mataragio as the new Deputy Permanent Secretary of the Ministry of Energy.The swearing-in ceremony took place at the State Lodge in Tunguu, Zanzibar (Tuesday). In a ceremony ,President Hassan administered the oath

March 5, 2024

Business·Technology & Innovation·World

Jeff Bezos Regains Title of World’s Richest Man, Surpassing Elon Musk

Jeff Bezos has dethroned Elon Musk to reclaim his title as the world’s richest man. The Amazon founder’s net worth currently stands at $200 billion, topping the Tesla chief’s $198 billion, the Bloomberg Billionaires Index showed on Tuesday. The change in rankings

March 5, 2024

Business·Tanzania·Travel

Government Issues 14 Days to Remove 3D Number Plates from Vehicles

The Ministry of Home Affairs has announced a 14-day period for vehicle users to remove 3D plate numbers and decorative embellishments that are not allowed to be placed. This includes all numbers with black plates and those using chassis numbers, any lights,

March 5, 2024

Business·World

We can’t comment on anti-LGBTQI+ bill now –IMF

The International Monetary Fund (IMF) has declined to comment on the anti LGBTQI+ bill passed by Parliament. The bill has not yet been signed into law by President Akufo-Addo. According to the Fund, it is yet to also undertake an economic and

March 5, 2024

Business·Tanzania

Palm Oil Processing Creates Over 300 Jobs in Dar Es Salaam

More than 300 jobs have been created as a result of the innovation of the processing plant to increase the value of palm oil in the Dar es Salaam Region. This was unveiled recently by the designer of the plant, Mr George

March 5, 2024

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Business - Page 47