Uncategorized (Page 16)

The primary objective of these funds is to enable small, medium and large investors to pool their resources and capitalise on opportunities within the financial sector, particularly in the capital marketsContinue Reading

A big chunk of money borrowed as personal loans is spent on the construction of houses and other structuresContinue Reading

Tanzania recently addressed Rwandan allegations of blocking its milk exports, despite the two nations signing a memorandum in January.Continue Reading

The value of goods Tanzania exports to other African countries has reached $2.65 billion, nearly double the value of importsContinue Reading

Tanzanian government and local conglomerate Amsons Group recently announced a $320 million investment to expand cement production over the next three years.Continue Reading

The Mining Commission has issued 54,626 mining licenses over the past seven yearsContinue Reading

The Tanzanian government has taken huge steps to address the shortage of skilled local professionals in the mining sectorContinue Reading

A German national, Wolfgang Fretz, who is suspected of owning a marijuana farm in Paje-Unguja, Zanzibar, has had assets worth Sh518 million confiscatedContinue Reading

The Zanzibar Anti-Drug Control and Enforcement Authority (ZADCEA) has announced the confiscation of assets valued at Sh976.05 million, allegedly acquired through drug trafficking.Continue Reading