Browsing: Tanzania

samia

What World Bank’s $1.15bn really means for Tanzania

Tanzania

That’s right—it is not on mere goodwill that the magnanimous sums are dished out; it is a two-way street. We give you this amount if you do this for us. This give and take barter in economics is known as conditionality.

To put it in the words of Kjell J. Havenevik, author of ‘The IMF and the World Bank in Africa (Conditionality, Impact and Alternatives), ‘Conditionality is the term given to the conditions relating to macro-policy elements which countries have to meet in order to get access to international loans and/or aid.’

We in the journalism science get information about the big sums ‘handed’ to African countries; what we usually do not get through the all-too-frequent press releases is the conditionality that comes with that money.

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Samia Hassan’s bold steps towards prosperity

Tanzania

Barely a month after the tragic and unexpected death of Tanzania’s outspoken and visionary leader Dr. John Magufuli, the country has gone ahead and inked an oil pact with neighbouring Uganda.

The move puts a lid on speculations of how the country’s first woman President Mama Samia Suluhu Hassan will handle duties of the top office. The new president, who was former vice president under the Magufuli regime, sat with her Ugandan counterpart Yoweri Museveni and together shook hands for French Total E&P and China’s CNOOC and signed key agreements for the East African Crude Oil Pipeline (EACOP).

Zahur Ramji Magufuli

Remembering Magufuli: A President who believed in Work 

Tanzania

The late Magufuli is celebrated and mourned across the East African Community which has also joined hands with Tanzania to remember his legacy—which extended from his fight against corruption and the misuse of public resources to his diplomatic relations, forged across the landscape through several regional communities—where on numerous occasions he had declared that ‘we are unified as one’. 

Magufuli was a stern advocate of hard work for economic excellence. His voice on this matter was as strong as his willpower. Throughout his unfinished tenure, he had demonstrated how Tanzania can transform its natural wealth and utilize domestic tax collections to fuel development projects.