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Tanzania’s Foreign Reserves On The Rise Amid Economic Strategy

November 1, 2024
 Tanzania’s Minister of Finance,   Dr. Mwigulu Nchemba revealed that the country’s foreign reserves have increased to approximately $5.3 billion. Although this figure reflects a slight decrease from $5.4 billion recorded in 2023, the rise is seen as a positive development amid ongoing

Air Tanzania to Resume Johannesburg Flights in November

November 1, 2024
Air Tanzania Company Limited (ATCL) has announced it will resume its Dar es Salaam-Johannesburg flights in November, following the resolution of a longstanding legal dispute. The airline’s planned service will include five weekly flights, signaling a notable comeback after a five-year hiatus

Russia Strengthens Economic Ties with Tanzania Amid Forum

November 1, 2024
Russia’s interest in Tanzania’s growing economy has gained momentum following the successful Tanzania-Russia Business and Investment Forum in Dar Es Salaam. The two-day forum brought together high-level government representatives, business leaders, and investors to discuss expanded cooperation in agriculture, energy, tourism, and

Russia Levies Historic Fine on Google Over Media Restrictions

November 1, 2024
Russia has issued a fine against tech giant Google totaling two undecillion rubles—a sum so vast it surpasses all global wealth. This unprecedented penalty follows Google’s refusal to reinstate Russian state-affiliated media on YouTube, channels restricted following the invasion of Ukraine and

HESLB Allocates Over 27 Billion for Loans

October 31, 2024
The Higher Education Students’ Loans Board (HESLB) has announced the fourth phase of loan allocations, amounting to a substantial 27.52 billion Tanzanian Shillings for the 2024/25 academic year. This latest funding initiative will benefit 9,068 undergraduate and diploma students across various higher

Prof. Kitila Mkumbo Hails Russia’s Agricultural Excellence

October 31, 2024
The Minister of State in the Office of the President, Planning and Investment, Mhe. Prof. Kitila Mkumbo, has invited businessmen and investors from Russia to invest in Tanzania, highlighting various attractions, including the significant political stability that has been witnessed in the

MP Highlights Job Connection Issue in Tanzania

October 31, 2024
 The Member of Parliament for Sumve  Emmanuel Mageni, has shed light on a pervasive issue in Tanzania’s job market: the belief that employment opportunities heavily rely on personal connections. Speaking during a recent parliamentary session, Mageni emphasized that many citizens perceive connections
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