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Business - Page 5

India Eases Tariffs on U.S. Imports to Boost Trade

India has made a significant move to enhance trade with the United States by offering zero tariffs on a range of crucial imports, including pharmaceuticals, steel, and auto parts. The policy change, announced during a key meeting between Indian officials and U.S.
May 6, 2025

India Bans Pakistani Ships, Suspends All Imports

India has imposed a complete ban on Pakistani ships from entering its ports and has suspended all imports from Pakistan, escalating trade and diplomatic tensions between the two nuclear-armed neighbors. The decision, announced on Saturday by India’s Ministry of Commerce and Industry,
May 4, 2025

Makonda Urges Arusha Residents to Embrace Investment Opportunities

Arusha Regional Commissioner, Hon. Paul Makonda, officially inaugurated the Arusha Regional Investment Forum today, May 3, 2025, at the Arusha International Conference Centre (AICC), calling on Tanzanians—especially Arusha residents—to recognize and seize investment opportunities within the region. Makonda emphasized that the main
May 4, 2025

US, Ukraine Finally Sign Mineral Deal

Ukraine and the United States have finalized an agreement granting Washington access to essential rare minerals and supporting reconstruction efforts in the war-affected nation. The two nations formalized the accord in Washington, DC, on Wednesday after months of challenging negotiations, with uncertainty
May 1, 2025

Dar es Salaam Port Launches Timed Berthing System

The Dar es Salaam Port has introduced a new system known as Fixed Berthing Windows (FBW) at its second container terminal. The change marks a shift from the traditional first-come-first-served approach to a more structured, scheduled method of docking ships. The idea
May 1, 2025

Tanzania Launches Bold Strategy to Transform Agriculture

 Tanzania has launched the Agricultural Growth Corridors of Tanzania (Agcot), an ambitious national plan inspired by the success of the Southern Agricultural Growth Corridor (Sagcot). Unveiled by Prime Minister Kassim Majaliwa on April 27 and further endorsed by President Samia Suluhu Hassan
May 1, 2025

India Seeks to Fill China’s Trade Vacuum

As global supply chains undergo seismic shifts, India is moving swiftly to establish itself as a strategic alternative to China in supplying goods to the United States. With Washington gradually reducing its economic dependency on Beijing due to rising geopolitical tensions, New
April 30, 2025
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