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Business - Page 51

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

Veep Urges Private Sector for Clean Energy Drive

Vice President Dr. Philip Mpango has called on the private sector to support the government’s clean cooking energy access program. Dr. Mpango commended Oryx Gas Tanzania Limited for their leadership in providing gas cylinders to communities as part of their contribution to
March 11, 2024

Govt Sets Up Media Law Bodies

The government is in the process of setting up institutions outlined in the Media Services Act of 2016. The update was disclosed on Thursday by the Minister for Information, Communication, and Information Technology, Nape Nnauye, during a visit to the Tanzania Standard
March 8, 2024

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
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