Author: Giza Mdoe

Constructed under the East African Community regional development project, the road is key to the much aspired regional integration and opens doors to the ports for Africa’s landlocked countries like Uganda, Rwanda and the DRC.

Owing to its importance, the African Development Bank and the Japan International Cooperation Agency (Jica) are among the project funders as well as the Tanzanian government itself through its own internal revenue.

Complete with spar roads, the highway will open up enormous economic potential of each region it passes. On the other side of the border, the Kenyan government has also begun work on the connecting 40km project Mtwapa-Kilifi Road, part of the overall 460km Malindi-Tanga-Bagamoyo East African corridor development project.

So now the government through its Ministry for Agriculture has decided to take action to increase domestic production of edible oils. To do this, the government has developed several strategic approaches including upgrading peasant technology.

This initiative fits into the country’s overall industrialization initiative that targets mainly agricultural mechanization. By increasing funding for the set up of factories and smaller production plants, Tanzania is able to increase its output of edible oils.

However, the country needs to increase seed production hand in hand with increasing its value chain capacity. This is where the Tanzania Agricultural Research Institute (Tari) based in Dar es Salaam comes in. A globally-renowned research institute that develops hybrid seeds among other agricultural research works.

Tanzania Railway Investment In the most recent development, an additional 282km of the railway are been constructed to connect Tanzania and Burundi giving the latter access to East Africa’s biggest and busiest port. The construction is an extension of the already laid down Standard Gauge Railway (SGR) in Tanzania. The two governments have signed an agreement that paves way for new rail to be laid at a sum of US$900 million. What does this extension mean for Burundi and how will it benefit Tanzania?   Apart from the obvious economic benefits, lets first consider the small towns through which the…

While in France, President Samia attended the One Ocean Summit in Brest. The three-day summit discusses ocean safety and actions against the threats to the ocean. Among other things, initiatives launched at the summit aim to protect the marine ecosystem and develop sustainable fisheries.

The initiatives seek to fight pollution particularly from plastics as well as to respond to the impacts of climate change and to advocate for improved governance of oceans.

This State Visit follows last year’s visit to Tanzania by French Minister for Foreign Trade and Economic Attractiveness, Franck Riester, who visited the East African economic hub in October  2021.

The RoRo, along with the ramp and terminal were completed as of March 2021 after three years of dedicated construction works. With its completion, vehicles can now be driven, not carried, off the ship.

With this development, large vessels that took up to four days to offload and turn around now take only 17 hours to offload, that is say, an average of three vehicles per minute offloaded per minute.

The terminal is also a major game-changer because instead of driving two km in search of parking, vehicles can now be parked in the spacious berth with a handling capacity of 3,000 vehicles at a time.

It further explains that the RCF disbursement will continue to help address Tanzania’s urgent balance of payment needs arising from the Covid-19 pandemic.

The money will also serve to provide Tanzania with concessional resources needed to take measures to mitigate the severe socio-economic impact of the pandemic.

Tanzania’s economy is heavily dependent on the tourism industry and as yet, the IMF cautions that travel services receipts and travel arrivals continue to remain below pre-pandemic levels.

He gets his comedian background from his father who was also an impersonator. It is doing small impersonator gigs in Toronto that got him off the streets, to the US and to stardom.

At a young age, even before his career took off, Jim Carrey wrote to himself a cheque for $10 million.

According to legend, he one day drove up to the Hollywood Hills overlooking the city of Los Angeles and that is where he wrote himself the US$10 million cheque “for acting services rendered”.

Justice Makau’s ruling was as follows, “I find as decided in the Court of Appeal decision, the petitioner has a right to mechanise and adopt technology in its operations. The matter in dispute is therefore effectively concluded and settled in terms stated.”

If the cry of the workers’ Union is true, then this ruling threatens more than 50,000 workers’ jobs and allegedly, already over 10,000 tea pickers have lost their jobs to the machines.

However, the odds are pinned against the peasants, the Kenya Tea Growers Association says the loss of jobs has nothing to do with the machines but rather ‘…tea companies reducing their workforce through natural attrition.

Tanzania: The government, through the Central Bank of Tanzania has successfully kept the economy not only afloat but reasonably expanding even in the face of the global pandemic. because monetary policy staving off effects of covid on the economy. The Tanzania government has kept its resolve to keep the economy liquid by ensuring there is enough credit for the private sector. As reports the Central Bank, the government has maintained what it describes as an ‘accommodative monetary policy.’ Thanks to this ‘accommodative’ monetary policy, the government of Tanzania has managed to boost credit flows to the private sector and thus…

Detailing on the source of the funding and its uses, the president said the US$100 million  (over TShs230 billion) is from the International Monetary Fund (IMF) as a loan to Tanzania, and another US$100 million is for the Isles.

“The IMF fund will be directed to health, education, water and power sectors, as well as economically empowering wananchi (citizens/the public),” local media quoted President Mwinyi.

The president went ahead and gave a very detailed explanation of the planned use of the funding detailing each sector and the allocated amount and then he got to the part about funding to support businesses.