Tanzania has surged to the fourth position in the latest Standard Bank Africa Trade Barometer (ATB), reflecting the country’s growing appeal for trade in Africa. The Standard Bank ATB, a leading trade index, tracks key data on trade openness, finance access, infrastructure, and macroeconomic stability across 10 major African economies. These …
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Tanzania Suspends Media Firm For Publishing ‘restricted content’
Tanzania communications regulator has suspended the digital platforms of Mwananchi Communications Ltd for 30 days, citing the publication of restricted content that allegedly harmed the country’s image. The move, announced by the Tanzania Communications Regulatory Authority (TCRA) late Wednesday, has intensified concerns among human rights groups about a growing crackdown …
Read More »Tanzania Mandates 20% Gold sales To Central Bank to Boost Reserves
Tanzania mining regulator has directed all mining firms and gold traders to allocate at least 20 percent of their gold exports to the central bank. The move aims to diversify and bolster the foreign reserves of the Bank of Tanzania (BoT), as the country seeks to address depreciation pressures …
Read More »Tanzania’s President Slams Western Nations for Interference
PRESIDENT Samia Suluhu Hassan of Tanzania has firmly rejected criticism from several Western nations, including the US, regarding the country’s handling of domestic issues such as political violence and disappearances. During a speech in the Kilimanjaro region, Hassan defended her government’s actions, stressing that Tanzania does not need external interference …
Read More »Tanzania Launches $5bn Project for New Capital City
THE government of Tanzania has officially launched the construction of a new administrative capital, named Magufuli, with an estimated cost of $5bn. The city, located just 17 kilometres from the current capital, Dodoma, is set to become the new hub for government buildings and services, spanning over 617 hectares. …
Read More »Tanzanian President Replaces Health Minister in Cabinet Shake up
Tanzanian President Samia Suluhu Hassan has removed long-serving Health Minister Ummy Mwalimu in a strategic cabinet reshuffle on Wednesday, signalling efforts to realign her government ahead of the upcoming general elections in 2025. The reshuffle, which is the second in less than a month, underscores President Hassan’s focus on consolidating …
Read More »Tanzania Unveils 541-km Railway to Enhance Trade
Tanzania inaugurated a 541-km modern standard gauge railway on Thursday, connecting its administrative capital Dodoma with the commercial hub Dar es Salaam. Built by Turkish company Yapi Merkezi, this railway is part of a broader initiative to improve transport infrastructure and boost trade in the region. The launch ceremony was …
Read More »Tanzania President Fires Ministers in Cabinet Reshuffle
IN a strategic move to regain the trust of foreign powers and bolster her programme of economic and political reforms, Tanzania’s President Samia Suluhu Hassan has dismissed two senior government officials, including the foreign minister. The announcement came late on Sunday, detailing a mini-cabinet reshuffle that saw the termination of …
Read More »Tanzanian Artist Sentenced For Burning President’s Photo
A TANZANIAN portrait artist, Shadrack Chaula, has been sentenced to two years in prison or a fine of $2,000 after being found guilty of cybercrimes. Chaula, 24, was accused of burning a photo of President Samia Suluhu Hassan and verbally insulting her in a viral video. Chaula admitted to the …
Read More »IMF Approves $786.2m For Tanzania To Combat Climate Change
THE IMF announced on Thursday that its executive board has approved a funding package for Tanzania amounting to $786.2 million to aid in addressing climate change. Additionally, a separate review has been completed, allowing for the disbursement of $149.4 million for budget support. Commitment to economic reforms The IMF stated …
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