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Browsing: Tanzania
The Kilimanjaro mountain scape, Serengeti fascinating landscape, the Ngorongoro conservation magical experience and the spice island exuberant moments in Zanzibar…
As of October last year, Tanzania, East Africa’s Largest producer of cement, was facing so much shortage that prices almost doubled.
A 50kg bag of cement that would, on normal market weather conditions go for about USD 6 the price shot up 30 per cent to a little over USD 8, show the National Bureau of Statistics data for October 2020.
It was a paradox, and the hardliner government wouldn’t have it, newly re-appointed into power, Tanzania’s Prime Minister Kassim Majaliwa was swift to act. He ordered a nationwide inspection of all known cement factories, warehouses, distribution points and even retail shops.
The year 2020 had a lot of events across the development aisle, and Tanzania’s economic upgrade from low to lower-middle-income status by the World Bank (WB), is worth noting as one of the success stories.
There have been a number of forecasts on the economy of Africa and Tanzania at large, with a variety of predictions which point at different directions.
On June 11 2020, the Tanzanian government confidently, via the Ministry of Finance and Planning stated that the nation’s economy is expected to grow at a rate of 5.4 per cent in 2020 compared to earlier estimates of 6.9 per cent.
It is not every day that young men and young women with burning and out-of-the-ordinary business ideas get to meet an angel investor in an elevator or meet a venture capitalist by fluke.
A local TV show based in Tanzania made that scenario a reality, by bending the ropes of bureaucracy and lengthy proposal-writing to make big dreamers, change-makers and transformative business owners maximize their reach.
Tanzanians love African Movies, they adore Tanzanians films, so as everyone else whether it is shown on cable or Netflix…
President John Magufuli is already walking his campaign talk to grow the national economy through increased investment. First, he has made an…
East African countries have had a tough balancing act in 2020 as the Covid-19 situation oscillated from good to bad over and…
The tourism industry globally is one of the most sensitive sectors easily affected by political, economic, and social issues. 2020…
The Government of Tanzania and Barrick Gold entered into a partnership last year, and created a new joint venture, Twiga Minerals Corporation. …
Barely three months after opening its doors in, NCBA Bank Tanzania Limited has launched two new branches in Mwanza. The…