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Business - Page 58

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·World

Ghana eye automobile plant in Tanzania

Ghana is considering establishing an automobile assembly plant in Tanzania in a move to strengthen trade with East Africa. The west African country, with a slightly smaller GDP compared to Tanzania, plans to establish the assembly plant under the African Continental Free

January 26, 2024

Business·World

Samia aims at securing $1 billion in investment from Indonesia.

President Samia Suluhu Hassan wants Tanzania to attract $1 billion in investment from Indonesia. Speaking during the Indonesia-Tanzania Investment and Business Forum in Jakarta on Thursday, she tasked her lieutenants with raising the value of Indonesian investments in Tanzania to $1 billion

January 26, 2024

Business·World

Uganda turns to Tanzania for petroleum importation after disputes with Kenya

After being frustrated by Kenya for a long time, Uganda is now seeking the help of Tanzania as it searches for a way to import petrol. Tanzania has greeted Uganda’s plan to use the Dar es Salaam Port for its petroleum products

January 26, 2024

Business·World

Coltan mineral discovered in Kenya

Kenya has discovered its first deposits of the valuable mineral coltan, the mining minister has said. The rare mineral is used to manufacture electric car batteries, mobile phones and other electronic devices. The Democratic Republic of Congo holds more than 70% of

January 26, 2024

Business·World

Appeals Court blocks govt’s attempt to revive controversial housing tax

In a setback for the Kenyan government, the Court of Appeal has rejected its bid to dismiss an appeals case challenging a contentious housing tax. The High Court had previously ruled in November that the 1.5% monthly levy unfairly targeted formal sector

January 26, 2024

Business·Tanzania

Mobile money consolidates financial inclusion in Tanzania

MOBILE money transactions in Tanzania increased by 30 per cent between the quarter ending September and December last year and by 44 per cent from January to December 2023. This reflects exponential growth of financial inclusion in the country, the Tanzania Communications

January 26, 2024

Business·World

Stakeholders empower motorcycle riders on road safety

THE Embassy of Switzerland in Tanzania in collaboration with the Amend organization has trained hundreds of motorcycle taxi riders in Dodoma on road safety. According to Amend’s Country Manager Simon Kalolo, over 250 motorcycle taxi riders have been trained in a programme

January 26, 2024

Business·Tanzania

Govt told to probe controversy in beer import licensing

THE Zanzibar Minister of Tourism and Heritage Simai Mohamed Saidi has signaled a beer shortage in the Isles, as retailers blame recent reforms in importation licensing, made by the Zanzibar Liquor Board (ZLB), be the cause of the scarcity. Mr Saidi explained

January 26, 2024

Business·Tanzania

Zanzibar to Host ‘Historic’ Battery Minerals Summit in April

A two-day summit is expected in Zanzibar from April 24 and 25, 2024, where local, regional and global actors in key battery minerals will advance the global green economy, address climate change, and allow select companies to meet the rapidly growing demand

January 26, 2024

Business·Tanzania

JK to start producing white cement locally

ONE of the leading manufacturers of white cement, JK White Cement (Africa) Limited, will begin local production mid-this year from its plant currently being constructed in Mkuranga District, Coast Region The JK White Cement Head of Sales and Marketing, Ms Felista Masabo,

January 25, 2024

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Business - Page 58