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Business - Page 5

“Africa Faces Fuel Crunch Amid Supply Disruptions”

Fuel demand across Africa has surged sharply following disruptions in global energy supply, prompting several countries to explore long-term solutions within the continent. In this context, large-scale refineries such as the Dangote Refinery in Nigeria are attracting growing attention from governments seeking
March 25, 2026
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Tanzania Pushes Green Agenda at Africa Trade Fair

Tanzania has used the ongoing Intra-African Trade Fair (IATF 2025) in Algiers to reaffirm its commitment to building an economy that values both industrial growth and environmental responsibility. Leading the delegation, Deputy Permanent Secretary in the Ministry of Industry and Trade, Dr.
September 8, 2025
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Samia Vows to Open Global Livestock Markets

Presidential candidate Dr Samia Suluhu Hassan has pledged to unlock international markets for Tanzanian meat and live animals if re-elected in the upcoming October General Election. Speaking to thousands of supporters at campaign rallies in Mbeya City, held at Mlima wa Reli
September 6, 2025
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Tanzania–Türkiye Trade Records $284 Million in 2024

Trade between Tanzania and Türkiye reached $284 million last year, highlighting both a trade imbalance and growing economic cooperation between the two nations. The figures were shared in Dar es Salaam during the Türkiye–Tanzania Steel Trade Delegation, a high-level business forum that
September 6, 2025
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Gold Prices Surge as Dollar Declines Globally

A fresh shift is underway in the global economy as gold prices climb while the U.S. dollar continues to weaken. Analysts say the two movements are closely tied to efforts by BRICS nations to reduce their reliance on the dollar in trade
September 1, 2025
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Tanzania, Zambia Intensify Efforts to Boost Trade

Tanzania and Zambia have reaffirmed their commitment to removing barriers to trade, signaling a new phase in regional economic integration. The bilateral talks, held this week at a high-level meeting, focused on addressing long-standing challenges such as Non-Tariff Barriers (NTBs) and Technical
August 29, 2025
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India Defends Oil Trade Amid Western Criticism

India’s Foreign Minister, Subrahmanyam Jaishankar, has firmly dismissed Western allegations that New Delhi is profiting from discounted Russian crude oil, insisting that the country’s energy policies serve its national interest and are conducted transparently. Speaking at a policy forum in New Delhi,
August 26, 2025
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