Month: March 2020

The International Labour Organisation (ILO) says that almost 25 million jobs could be lost worldwide as a result of covid-19.

Globally, the coronavirus pandemic could cause an economic and labour crisis where unemployment could range between 5.3 million in a “low” scenario and 24.7 million in a “high” scenario from a base level of 188 million in 2019.

In comparison to the 2008-9 global financial crisis, the effect on job losses could now be higher by about three million jobs from the 22 million registered in 2008/9.

How is Africa suffering from US-China trade wars?

During the 2008/9 crisis, Africa largely weathered the impact of the crisis but suffered lower commodity prices, trade volumes, remittances, and foreign direct investment. The financial contagion hit both developed and developing countries by shaving off about  5–7 per cent of GDP which was worth two to three years of growth in rich countries. In …

There is need to regulate the wage amount paid to labourers in Tanzania particularly in the construction industry  if the country is to reduce poverty levels and increase professionalism in the sector.

Last month I hired a Dar es Salaam based wage labourer to do some basic construction work for me. As he worked, we ventured into conversation deliberating the working conditions of wage labourers in the country.

‘Richie’ the only name he was willing to offer me, said his regular day starts before dawn.

“I have to wake up before the sun comes up,” he chuckles but maintains a somber look.

“You know, I live in the slums, so I have to get two buses to get to the site,” he continues after a moment of lamentation.  According to Richie, as a wage labourer, his job is never guaranteed, as he put it; “at the site, …

Tanzania has shutdown all activities at one of its largest open air livestock market, the Meserani Livestock Auction Market in Monduli, Arusha.

To enforce the ban, the government sent down armed police officers to stop any trading from taking place; a daunting task when you take into consideration the fact that the market handles well over 1,000 traders every single day.

The move is in line with the national ban on mass gatherings in the face of the ongoing Covid-19 threat.

Safety first, but the close to 200 000 pastoralists who exclusively rely on cattle trade now have to find alternative income generating solutions. As to be expected, the pastoralists are up in arms over the decision to shut down their sole source of daily bread, or meat in this case.

Many are of the view, that the market should be allowed to continue to trade but to take precautionary …

As the rest of the country shuts down all entry ports, heavily reliant on tourism, the spice Isles of Zanzibar are allowing charter flights to land but with strict conditions.

Isles authorities have permitted charter flights bringing tourists to the island to land but on condition that all persons on board enter a 14 days quarantine stay, at their own expense.

This surprising turn of events happens in the backdrop of ongoing global threat of the spread of coronavirus. Even leading sports leagues have been cancelled and regional high profile meetings are been held on conference calls.

Across Africa, the tourism industry has come to an almost complete shutdown. It is time immemorial since a disease stopped people from touring and going for holidays, at least not since the deadly World War I and II power viruses.

With most all African countries eventually succumbing to the threat and finally closing …

Benin has transitioned its business registration processes to 100% digital, setting up an efficient new online single window housing all regulatory processes needed to open a business in record time.

With this new step, Benin joins an elite group of six countries including Denmark, Kenya, New Zealand, Oman and Switzerland which offer their entrepreneurs 100% online business registration.

Also, with this new single window, Benin gets a top score on the Global Enterprise Registration, an index of countries’ business registrations systems.

Benin’s critical move comes ahead of the spike in global infections from the new coronavirus, covid-19, means that businesspeople – in Benin or abroad – can now start a business in two hours and from the comfort and safety of the office or home.

Coronavirus: African leaders stuck with neglected, outdated healthcare systems

The Government of Benin’s new online platform, MonEntreprise.bj, will help businesses launch efficiently and …

There are now more than 100,000 mini-grid stations across Africa, these little power generation stations are serving to bridge Africa’s rural power gap and Tanzania is no exception.

While the country leads Africa in rural electrification efforts, there is still huge gap between demand and supply and the solution to cover it lays in mini-grids, small power stations that generate power at localized remote points.

To date, Tanzania has well over 100 mini-grids that provide electrical power to over 250,000 people in remote corners of the country. These mini-grids provide close to 200 MW using biomass, fossil fuel and solar systems as well as hybrids of these energy sources.

Tanzania’s national policies also support adoption of renewable energy technologies. Off-grid electrification using renewable energy technologies can offer a power solution to rural and remote areas. These efforts are inline with the global Sustainable Development Goals.

SDG number 7 calls for …

More than ever before, Tanzania and the rest of Africa need to employ rain harvesting technology. Global climate changing is drastically affecting weather patterns, rains are heavier or missing completely, droughts in otherwise tropical areas, cyclones and tornadoes ravaging through coastlines. Weather is now less predictable than ever before.

For both economic and social reasons, Tanzania needs to make the best of the rains when they come, Tanzania needs to harvest rain water.

While at national or even city levels, there are some sophisticated equations involved in rain harvesting, like building reservoirs and purification sites, but all in all, the science of rain harvesting technology is not all that complicated at all. It’s a simple three step investment, collect, store and purify.

Since economies rely on water for production and households depend on clean and safe water for daily survivor, harvesting rain water should not even be optional, it should …

When it comes to extractive industries, Tanzania is one of Africa’s richest countries. From minerals to marine resources, Tanzania has it all. It is the World’s only source of Tanzanite, a blue gem said to be 1000 times rarer than diamond. It is home to the highest mountain on the continent and Lake Tanganyika, the World’s deepest lake.

How to manage the extractive industries is an insurmountable task that has seen many countries plunge into endless civil wars. At the center of this strife is a matter of much deliberation but one word can describe the complex mechanisms that are required to efficiently manage the extractive industries, transparency.

Transparency in this case is a very touchy subject after all, who wants to let the world know the details of the 100 years renewable contract that they have signed with a multi-national corporation?

However, that is exactly what transparency demands, stifle …

The novel coronavirus (COVID-19) is in East Africa, and has now penetrated Tanzania whereby until yesterday 12 (4 foreign national and 8 Tanzanian citizens) cases were reported.

Hence—unequivocally the Tanzanian government stated that almost 20 samples tested were negative, including the first patient.

According to the World Health Organization, the pandemic which has spread in more than 170 countries, taken more than 14,000 lives, and infected over 300,000 people.

Hence, this pandemic brought Tanzania President John Magufuli before the public, and addressed the nation of more than 55 million, to stay strong and be resilience through the outbreak.

The outbreak has also taken a toll on Tanzania’s economic landscape, hurting trade operations particularly between Tanzania and China of which their bilateral trade volumes stand at almost $3 billion.

Air Tanzania Company Limited has also seen a revenue loss of about 2 to 3 per cent, and just last week, the …

The base criteria for loans worldwide is the usage of a rank-like system used to categorize nations from “best to worse”.

A lower rating is given to a country that holds a large amount of this foreign debt and that usually takes longer to pay the debts. This debt is held mostly in the form of Eurobonds held by international Stock Exchanges, most common the London SE and Irish SE. The value issued between 2018 and 2019 was greater than the value issued in fourteen years from 2003 to 2016.

According to the IMF(International Monetary Fund), many African nations are piling up debt at excessive interest rates with low chance of full- payment due to the accumulation of debts and disparities in  currency exchange rates. Government debt as a percentage of gross domestic product in sub-Saharan Africa has doubled in the past decade, heading back toward the level it reached …