business Archives - Page 6 of 11

India Eases Tariffs on U.S. Imports to Boost Trade

India has made a significant move to enhance trade with the United States by offering zero tariffs on a range of crucial imports, including pharmaceuticals, steel, and auto parts. The policy change, announced during a key meeting between Indian officials and U.S.

May 6, 2025

Business·Politics·World

China Urges U.S. To Cease Coercive Tactics In Trade Talks

China has signaled that while it is open to restarting trade negotiations with the United States, it will not tolerate what it calls pressure tactics or threats disguised as diplomacy. The firm statement, issued by China’s Ministry of Commerce, comes just days

May 2, 2025

Business·Tanzania

Dar es Salaam Port Launches Timed Berthing System

The Dar es Salaam Port has introduced a new system known as Fixed Berthing Windows (FBW) at its second container terminal. The change marks a shift from the traditional first-come-first-served approach to a more structured, scheduled method of docking ships. The idea

May 1, 2025

Business·Tanzania

Tanzania Launches Bold Strategy to Transform Agriculture

Tanzania has launched the Agricultural Growth Corridors of Tanzania (Agcot), an ambitious national plan inspired by the success of the Southern Agricultural Growth Corridor (Sagcot). Unveiled by Prime Minister Kassim Majaliwa on April 27 and further endorsed by President Samia Suluhu Hassan

May 1, 2025

Business·Politics·World

India Seeks to Fill China’s Trade Vacuum

As global supply chains undergo seismic shifts, India is moving swiftly to establish itself as a strategic alternative to China in supplying goods to the United States. With Washington gradually reducing its economic dependency on Beijing due to rising geopolitical tensions, New

April 30, 2025

Business·Tanzania

Tanzania Strengthens Commitment To Regional Trade Protocol

Tanzania has reaffirmed its commitment to the East African Community’s (EAC) Common Market Protocol, reinforcing regional cooperation and promoting economic integration among partner states for the collective benefit of East Africans. This renewed dedication has recently been demonstrated in a real-world scenario

April 29, 2025

Business·Tanzania

Tanzania Greenlights Landmark Investment in Gold Mining

Tanzania is set to welcome a major transformation in its mining sector as a leading global mining firm has committed over $523 million approximately Sh1.4 trillion to develop the long-anticipated Nyanzaga Gold Project in the northwestern region of the country. The final

April 29, 2025

Business·World

Gold Climbs to Record High of $3,500 Per Ounce

Gold prices have surged to a historic high of $3,500 an ounce, marking a major moment in the global financial landscape as investors increasingly turn to the precious metal in search of safety amid mounting economic and political uncertainty. The rally reflects

April 22, 2025

Business·World

China Strengthens Oil Ties with Canada, Cuts U.S. Imports

China is now turning to Canada for a growing share of its oil needs at the same time slashing its crude oil imports from the United States by nearly 90%. The move highlights how energy trade patterns are being reshaped by geopolitical

April 17, 2025

Business·World

Tariffs Force Shein and Temu to Raise Prices

Chinese-founded e-commerce giants Shein and Temu have announced they will soon raise prices for U.S. customers, citing the impact of new tariffs introduced under policies backed by President Donald Trump. The changes come as part of a broader U.S. push to tighten

April 17, 2025

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