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Tanzania’s Debt Strategy Ensures Sustainable Growth

December 16, 2024
Tanzania is investing heavily in key infrastructure projects, including the construction of its standard gauge railway, which has raised concerns about the country’s increasing debt levels. However, despite the growing borrowing, the country’s debt situation remains relatively stable compared to its neighbors,

Minister Demands Accountability for Stadium Vandalism

December 16, 2024
The Tanzanian Minister for Information, Culture, Arts, and Sports, Professor Palamagamba Kabudi, has condemned the vandalism that took place at the Benjamin Mkapa Stadium during a high-stakes Confederation Cup match on December 15, 2024. Fans uprooted and threw seats during the game,

Ghana’s President-Elect Pledges to Review IMF Deal

December 16, 2024
Ghana’s President-elect, John Dramani Mahama, has assured citizens that he will uphold the country’s $3 billion bailout agreement with the International Monetary Fund (IMF), but with a commitment to renegotiate key aspects to better serve the nation’s needs. Following his resounding victory

AI Enhances Cross-Border Payments in East Africa

December 16, 2024
East Africa’s financial sector is experiencing a technological shift as banks increasingly adopt artificial intelligence (AI) to address persistent challenges in cross-border payments. While these advancements have enhanced speed, efficiency, and fraud prevention, high transaction costs remain a major hurdle. AI is

Tz, Government Takes Firm Stand Against Abusers of Power

December 15, 2024
Tanzania’s Minister for Constitutional Affairs and Law, Dr. Damas Ndumbaro, addressed the growing concern over the abuse of power, assuring citizens that the government would not tolerate any actions that undermine justice and oppress the vulnerable. Speaking at the launch of the

Abdallah Ulega Leads Special Prayers for Peace

December 15, 2024
The Minister for Construction and Member of Parliament for Mkuranga,   Abdallah Ulega joined thousands of residents in Mkuranga District for a special prayer session. The prayers were dedicated to seeking divine support for President Samia Suluhu Hassan as she carries out her

Tanzanite Auction Promises Sh3.1 Billion Revenue

December 15, 2024
An auction of precious minerals, including Tanzanite, valued at Sh3.1 billion is set to take place in Mirerani Ward, Simanjiro District, on December 14, 2024. The event will feature 184.06 grams of gemstones and other minerals and aims to enhance the economic
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