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Business - Page 63

Russian coal exports to South Korea hit three-year high

Russian coal exports to South Korea have surged to their highest level in three years, highlighting a significant shift in Seoul’s energy sourcing as it seeks to strengthen power supply security amid disruptions in global energy markets. South Korea imported approximately 12.5
August 24, 2026

Tanzania, Rwanda sign deal to boost dairy industry

Tanzania and Rwanda have signed a Memorandum of Understanding (MoU) to elevate the dairy industry, marking a collaborative effort between the two East African Community member states. The agreement was signed by Tanzania’s Minister for Livestock and Fisheries, Mr. Abdallah Ulega, and
January 13, 2024

Tanzania shines at Pacesetters Awards

In a glittering ceremony held in Dar es Salaam recently, Tanzania’s entrepreneurial spirit and leadership took center stage as several Tanzanian firms and individuals were recognized at the prestigious Pacesetters Awards Continental Chapter. The awards, organized by Jubilant Stewards of Africa, celebrate
January 11, 2024

Govt eyes raising clove production through embassies

 President Samia Suluhu Hassan has said that the government through its embassies and various platforms abroad will strengthen efforts in opening markets for the cloves’ sales. She made the statement earlier on Tuesday when inaugurating the Zanzibar State Trade Cooperation in Pemba
January 9, 2024

State allows temporary sugar importation

The government has allowed the importation of 50,000 tonnes of sugar for the month of January and February as a means to solve the sugar shortage problem in the country. Minister for Agriculture, Hussin Bashe made the revelation stating that the rate
January 9, 2024

Porters Jubilate Over Increased Wages

WHILE Tanzanians continue to celebrate the coming of a New Year 2024, the porters here celebrate the New Year with additional thing, this is none other than the increase in their wages for serving the tourists who climb Mount Kilimanjaro in Moshi,
January 8, 2024

Nigeria’s Dangote firm under forex misuse probe

The Dangote Group has expressed readiness to assist Nigeria’s Economic and Financial Crimes Commission in its investigations, following the commission’s visit to the company’s headquarters on January 4. The Group said it was cooperating with the commission which is investigating the possible
January 8, 2024