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Business - Page 53

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·World

Dar, Oslo sign deal to transform agriculture sector

Tanzania and Norway have signed a bilateral Memorandum of Understanding (MoU) on food security and agriculture, demonstrating their joint commitment to strengthening Tanzania’s capacity and ability to transform the agri-food sector. The deal was signed in the presence of President Samia Suluhu

February 15, 2024

Breaking News·Business·World

Cocoa Virus Disease poses threat for Cocoa production

West Africa’s ongoing battle with Cocoa Swollen Shoot Virus Disease (CSSVD) poses significant challenges for the future of chocolate production. CSSVD is a destructive viral disease that affects cocoa trees, leading to reduced yields and poor-quality cocoa beans. As West Africa, particularly

February 15, 2024

Business·Opinion·World

Pope commends IFAD, Urges them to intensify focus on reducing food wastage

Pope Francis delivered a poignant message to the International Fund for Agricultural Development (IFAD) emphasizing the critical issue of food waste and its potential to alleviate hunger worldwide. Speaking at a special gathering with IFAD representatives, the Pope highlighted the alarming paradox

February 15, 2024

Business·World

Ghana’s Foreign Debt Restructuring Expected to Face Delays,Not Hindered by New Finance Minister

International investors greeted the removal of Ghana’s finance minister with caution on Wednesday, as they braced for the prospect of more delays to the restructuring of the country’s overseas debt ahead of national elections in December. The replacement of Ken Ofori-Atta with

February 15, 2024

Business·Opinion·World

China and Russia Strengthen Bonds Amid Trade Challenges

Amidst ongoing trade challenges, China and Russia have taken significant steps to enhance their bilateral ties, signaling a deepening of their strategic partnership. Despite facing complications in trade relations with other countries, both nations have reaffirmed their commitment to strengthening cooperation across

February 15, 2024

Business·Politics·World

UK economy falls into recession, adding to Sunak’s election challenge

Britain’s economy fell into a recession in the second half of 2023, a tough backdrop for Prime Minister Rishi Sunak who has promised to boost growth ahead of an expected 2024 election. The Office for National Statistics (ONS) said that gross domestic product (GDP)

February 15, 2024

Business·Tanzania·World

Tanzania’s Government Debt increases by Tsh.12.7 trillion in one year

Tanzania’s government debt has reached Sh87.47 trillion, up from 74.75 trillion in 2022, the Parliamentary Budget Committee has reported. The debt is up by Sh12.7 trillion, an increase of 17.09% compared to the same period last year. Of the amount, the external

February 15, 2024

Business·Tanzania·World

President Samia woos Norwegian investors to Tanzania

President Samia Suluhu Hassan took her pro-business approach to Norway, detailing several factors why Norwegian investors should choose Tanzania as the ideal investment destination. President Samia , addressing delegates at the Tanzania-Norway Trade and Investment Forum held in Oslo on Tuesday, called

February 15, 2024

Business·Politics·World

Ghana’s longest serving Finance Minister , finally relieved of his post

Finance Minister Ken Ofori-Atta has finally been relieved of his duties. The Minister is to be appointed as the Senior Presidential Advisor on the economy. Ken Ofori Atta , according to a statement by the Director of Communications at the Presidency, will

February 14, 2024

Business·Tanzania

Stakeholders call for safer, clean sustainable LPG

The Tanzania LPG Association (TZLPGA) has said it is committed to expanding the use of household gas technology in reducing carbon emissions, improving energy efficiency and facilitating alternative use of clean energy. This was unveiled by the TZLPGA Director General, Amos Jackson

February 14, 2024

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