ZANZIBAR: More than 200 Muslims in Vitongoji Village, South Pemba Region over the weekend conducted a special prayer to condemn the Zanzibar Airports Authority (ZAA) move to appoint DNATA as the sole ground handler in Terminal III of the International Airport of Zanzibar. Abeid Amani Karume.Continue Reading
Tanzania Technology: The Chinese technology giant company Huawei has reaffirmed its commitment to devote more human and financial resources to strengthen the national Information and Communication Technology (ICT) infrastructure.Continue Reading
Tanzania’s population expanded by 16 million in ten years to 61.7 million. President Suluhu said the census results showed there are 59.8 million in Tanzania mainland and 1.9 million in the Zanzibar islands.Continue Reading
[VOA] Dar es Salaam — Residents in Tanzania’s commercial capital, Dar es Salaam, are struggling with water shortages after authorities announced rationing because of a drop in the level of the city’s main water source, the Ruvu River.Continue Reading
UN and Tanzainia: Every October 24, the United Republic of Tanzania and the rest of the world celebrate the establishment of the United Nations. Seventy-seven years ago, a small group of 51 sovereign states came out of the horrors of the Second World War and joined together to promote peace and development.Continue Reading
Tanzania: Vodacom MPesa to be rolled out to new countries to be covered in the expansion are: South Africa, Malawi, Zambia, Zimbabwe, Lesotho, Mozambique, Swaziland and the Democratic Republic of Congo (DRC).Continue Reading
Investor News Africa: The Lusophone Compact is one of many successes that have emerged from the innovative Africa Investment Forum. The compact is a financing platform that provides risk mitigation, financing products and technical assistance to accelerate development of the private sector in Africa’s Portuguese-speaking countries.Continue Reading
Tanzania Budget: “Is your company adequately capitalised?” is a question asked not just by the shareholder and lenders to a company, but also by revenue authorities. In the context of tax, this is often addressed by thin capitalisation rules which look at the ratio between debt and equity – something that also applies in Tanzania.Continue Reading
Tanzania: It was announced yesterday that KCB Bank has graduated to tier one status after increasing its asset value to Sh1.04 trillion. For a bank to earn tier one status, the highest ranking in the banking industry, it should boast assets of at least Sh1 trillion, according to the Bank of Tanzania (BoT).Continue Reading
On Wednesday 26 October 2022, the African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s / S&P / Fitch / Japan Credit Rating, all stable), launched and priced a new USD 2 billion 5-year Global Benchmark due 3 November 2027.Continue Reading
