Browsing: Samia Hassan

• The Dar-Dodoma SGR cuts travel time by more than half the time.
• Two Presidents and one former President aboard the maiden trip.
• Fast speed SGR expected to boost regional economic activities.

The launch of Tanzania’s SGR has ushered a new era across East Africa, where member countries are fast embracing electric train services to enhance transport and spur trade. This month, Tanzania became the latest of several other East African countries to invest in the Standard Gauge Railway (SGR). President Samia Suluhu Hassan and Zanzibar President Hussein Mwinyi as well as former President Jakaya Kikwete officiated the launch of the commercial operation of the country’s first SGR.

This initial August launch of the SGR services will serve between the commercial port city of Dar es Salaam and the capital city Dodoma. Being the first electric train, it marks a new age for the Tanzanian transport sector.

“The new SGR electric …

Tanzania now owns 37 per cent of Williamson Diamonds Ltd, the single, largest diamond deposit to be in continuous production for over 70 consecutive years now.

Discovered in 1940, the mine boasts to be the world’s longest-running uninterrupted diamond mining operation. The open-pit mine is sprawled on over 140 hectares of land in Tanzania’s remote region of Mwadui.

Known scientifically as the kimberlite pipe, the mine is primarily owned by Petra Diamonds Ltd. Tanzania struck the deal early this month increasing its ownership by 12 per cent and cutting down Petra’s stake to 63 per cent from a high of 75 per cent.

This recent share split is the latest of moves signed by Tanzania with three other mining giants Faru Graphite Corporation, Nyati Mineral Sands Ltd and Sotta Mining Corporation Ltd.

According to a government media communiqué released by Prof Palamagamba Kabudi, who led the negation’s for the Tanzanian …