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Opportunities - Page 20

New SGR Trains Enhance Connectivity

Tanzania is advancing its railway modernization with the arrival of two new electric multiple-unit (EMU) trains from South Korea, adding to the already operational set introduced in April. These trains, featuring eight wagons each, are set to commence services between Dar Es
July 3, 2024

BoT Restricts Dollar Use to Strengthen Shilling

The Bank of Tanzania (BoT) has implemented new measures to restrict the use of US dollars within the country, a strategic move aimed at bolstering the value of the Tanzanian shilling amidst a regional scarcity of the dollar. Marwa Patrick, an economist
July 3, 2024

Tour Operators Oppose Tanzanian Shilling Payments

Tour operators in Tanzania’s northern regions have expressed strong opposition to recent regulatory changes requiring all payments to be conducted in Tanzanian shillings. The new regulation, implemented by the government, mandates that all transactions, including permits and other fees, be made in
July 2, 2024

NHC Accelerates Samia Housing Projects

The Parliamentary Standing Committee on Lands, Natural Resources and Tourism has urged the National Housing Corporation (NHC) to expedite the completion of the Samia Housing Scheme and the 711 projects in Kinondoni Municipal Council. These initiatives, crucial to President Samia Suluhu Hassan’s
July 2, 2024

Kenya, EU Sign Historic Trade Deal

Kenya and the European Union have finalized a landmark trade agreement, the EU-Kenya Economic Partnership Agreement (EPA), after a decade of negotiations. The deal, which went into effect on Monday, July 1, 2024, allows Kenyan goods to enter the EU market duty-
July 2, 2024

Government Completes Modern Weighbridge Overhaul

The government, has successfully completed a comprehensive overhaul of weighbridge facilities along the Morogoro-Iringa highway, undertaken by the Tanzania National Roads Agency (TANROADS). This ambitious infrastructure project, costing 1.9 billion Tanzanian shillings, includes significant upgrades to existing weighbridge systems and the construction
June 29, 2024

Zanzibar Eyes Regional Energy Exports

Zanzibar, under the leadership of President Dr. Hussein Ali Mwinyi, is positioning itself as a significant player in the regional energy market. During the inauguration of the first liquefied petroleum gas (LPG) terminal at the port in North Unguja Region, President Mwinyi
June 28, 2024

Tanzania Yashika Nafasi ya 5 Duniani Kuvutia Watalii

Tanzania imeweka historia ya kipekee katika sekta ya utalii kwa kushika nafasi ya 5 kimataifa kwa kuwavutia watalii zaidi, kulingana na takwimu za Shirika la Utalii Duniani (UN Tourism) kwa kipindi cha miezi ya Januari hadi Machi 2024. Taifa hili pia limepata
June 26, 2024