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- Ethical sourcing boosting demand for Tanzania organic cotton
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East Africa has become a key frontier for economic expansion so as to have a balance of power against the West and as a…
The market share of Tanzania tea is gaining ground globally.…
People have been told for a long time that the…
Once again, Heijin was at the centre of another dispute. This time around, it was displacing more villagers in Murehwa. Murehwa is a village in Mashonaland East province.
This time around, it affected up to 100 families. As with the example above, the company received a special mining grant to mine black granite in the area. The mining claim sits on a densely populated place covering between 200 & 300 hectares.
Due to the presence of granite in the area, Chinese companies are laying siege on the province. All this to get their hands on the rare and lucrative stone. Heijin’s newest intrusion follows another bloody battle between Mutoko and Shanghai Haoying Mining Investments villagers.
They have claims to mine black granite, which was. At the same time, Shanghai Haoying has compensated households who would lose their home due to mining activities. The Chinecompany’sy’s plans to establish operations in the area have met fierce opposition from angry locals.
If you received your salary on the 1st of January in ZWL, you would struggle to pay for goods and services in February. This volatile situation results in consumers seeing value eroded from their bank balances at an astonishing rate.
We see wages struggle to keep up with inflation, a phenomenon similar to 2008. Most people buy USD from the black market to retain some semblance of value in these balances.
Zimbabwe has a currency crisis, and the Authorities seem to be struggling to deal with it. The rate at which the Zimbabwe dollar is depreciating signifies the state of the economy. Much of this is being blamed on the countries foreign currency auction system.
SEACOM will acquire selected infrastructure assets from Africell Uganda, which are essential for connecting enterprise…
Traders have been calling for more staff to be posted at the Agriculture Food Authority (AFA) of Kenya to facilitate the approval of applications of maise import from Tanzania to Kenya. Additionally, the traders requested joint testing of aflatoxin to be undertaken in Arusha to reduce the number of rejections at the border.
Peter Musiba explained that the Tanzania Bureau of Standards (TBS) is tackling aflatoxin and has set outstations for testing in Dodoma, Singida and Shinyanga to facilitate the trade of cereals.
Paloma Fernanda, the Chief Executive of Cereals Millers Association, urged for a joint campaign on combating aflatoxin from as early as farm and post-harvest losses in the EAC region.
According to the 2022 Annual report released by Brand Finance Banking 500, the brand value…
BasiGo has received a $4.3 million Seed funding round, led by Novastar Ventures, to commercialise…
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