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Tanzania - Page 181

Currency Diversification Reshapes Global Financial Power

International financial systems are undergoing a gradual but significant transformation as economies increasingly diversify currency exposure, adjust reserve strategies, and expand alternative trade settlement mechanisms. The movement reflects a broader effort to strengthen resilience within a changing monetary environment. This is not
May 16, 2026

 Kariakoo Building Collapse Leaves One Dead, 28 Injured

A four-storey building in Kariakoo, one of Dar es Salaam’s busiest areas, collapsed early this morning, November 16, 2024, causing widespread devastation. Official reports confirm at least one fatality and 28 injured, as rescue teams work urgently to recover survivors trapped under
November 16, 2024

Selcom Microfinance Bank Announces New Board Chairperson

Selcom Microfinance Bank Tanzania has officially appointed Leonard Mususa (FCPA/T) as its new Board Chairperson, effective October 31, 2024. The announcement underscores the bank’s commitment to strong governance and leadership. Mr. Mususa brings an extensive professional background, with over 36 years of
November 16, 2024

Tanzania Secures Funding for Railway to Burundi

Tanzania has successfully secured funding for the Standard Gauge Railway (SGR) section connecting Uvinza in Kigoma to Musongati in Burundi, advancing its ambitious regional infrastructure project. The African Development Bank (AfDB) has approved $696.4 million in financing, comprising grants for Burundi and
November 15, 2024

Young Africans SC Ends Contracts with Coaches Gamondi

Young Africans Sports Club (Yanga SC) has officially announced the termination of contracts with both head coach Angel Miguel Gamondi and assistant coach Moussa Ndaw, effective November 14, 2024. The club released a statement confirming the decision, expressing appreciation for their contributions
November 15, 2024

Global Diabetes Rates Double Since 1990, New Study Finds

The Lancet’s latest research reveals a startling increase in diabetes cases, with over 828 million adults worldwide affected in 2022, a figure nearly double previous estimates. This represents 14% of the global adult population, a significant rise from 7% in 1990. Concerningly,
November 15, 2024
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