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Business - Page 66

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

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