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Business - Page 50

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·Tanzania

Agriculture Sector Dominates Credit Growth Trends

The agriculture sector topped the list of sectors that attracted the highest credit growth on account of the improved business and investment environment in the country. The latest Bank of Tanzania (BoT) monthly economic review report for January shows that credit extended

February 28, 2024

Business·Tanzania·World

Tanzania Awards Chinese Firm $270M Contract to build Fuel Storage Tanks

The Tanzanian government has granted a contract to two Chinese companies for the construction of tanks and associated infrastructure at the Dar Es Salaam Port to improve the efficiency of handling petroleum and energy products. Valued at $270 million (equivalent to Sh678.6

February 28, 2024

Business·Swahili News·Tanzania

EAPP Zakubaliana Kuipa Msukumo Miradi Ya Umeme

Baraza la Mawaziri wanaohusika na mfumo wa pamoja wa umeme kwa nchi za Mashariki mwa Afrika (EAPP Council of Ministers-COM) limekubaliana kwa pamoja kuwa na usimamizi madhubuti wa miradi mbalimbali ya umeme katika nchi wanachama, ili iweze kukamilika kwa wakati na kuwapatia

February 28, 2024

Business·Tanzania·World

Russian Fertilizer Trade Boosts Agricultural Sector in Tanzania

In recent developments, the fertilizer trade between Russia and Tanzania has had a significant impact on the agricultural landscape in Tanzania, fostering growth and sustainability in the sector. The collaboration between the two countries has led to positive outcomes for Tanzanian farmers

February 28, 2024

Business·Tanzania·World

Tanzania to introduce new strategies to boost tax collections

The government is set to introduce new strategies to enhance the country’s revenue collection to 15 percent of the Gross Domestic Product (GDP). During the 2024 Tax and Investment Forum at the Julius Nyerere International Conference Center (JNICC) in Dar Es Salaam,

February 28, 2024

Business·Tanzania·World

President Samia, Egyptian President Fattah to launch Nyerere Dam

In a momentous event set to take place in March 2024, President Samia Suluhu Hassan and Egyptian President Abdel Fattah el-Sisi will come together to inaugurate the highly anticipated Nyerere Dam. The grand inauguration ceremony accoirding to the Deputy Prime Minister and

February 26, 2024

Business·Tanzania

Big boost for SGR, TADB

In a significant move to bolster Tanzania’s infrastructure and agricultural sectors, the government has secured multinational loan agreements totaling 158.1 million US dollars, equivalent to 398.7bn/-, from the African Development Bank (AfDB). The funds are designated for the execution of the Standard

February 26, 2024

Business·World

Burkina Faso suspends export permits for small-scale gold production

Burkina Faso’s military government has suspended the issuance of export permits for artisanal and semi-mechanised gold and other precious commodities with immediate effect, it said. “This suspension follows the need to clean up the sector and reflects the government’s desire to better

February 25, 2024

Business·World

Tanzania, Kuwait strong ties thrill Samia

President Samia Suluhu Hassan has expressed satisfaction with the strong bilateral relations between Tanzania and Kuwait. In her congratulations note and well wishes to the Emir of Kuwait, Sheikh Mishal Al Ahmad Al Jaber Al Sabah, on the occasion of Kuwait’s National

February 25, 2024

Business·Tanzania

Tanzania starts exporting peas to India

Tanzania is set to commence immediate export of peas to the Indian market following strengthened bilateral relations between the two nations. Minister for Foreign Affairs and East African Cooperation, January Makamba, announced this on Saturday via X (formerly Twitter), indicating that the

February 25, 2024

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