Tanzania pockets Barrick first settlement tranche

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Barrick Gold Corporation—one of the world’s biggest gold miner, has delivered its first tranche $100 million of the $300...

Tanzania bidding for SGR trains- The Exchange

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Phase one of Tanzania’s Stand Gauge Railway (SGR) that extends from Dar es Salaam to Morogoro is almost complete. The...

Will falling oil prices affect DSE trading?

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Even as share values for US futures on crude oil prices hit rock bottom, spotting a worrisome negative figure...

Tanzania considers tax breaks to cushion economy

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Members of Parliament in Tanzania are urging the government to consider giving tax breaks to businesses in a bid...

Coronavirus update: Tanzania cases reach 480, neighbouring countries close borders

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Countries neighbouring Tanzania including Uganda, Rwanda and Zambia have barred truck drivers from the country to cross their borders....

Tanzania: 20 yr Treasury bond oversubscribes

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). The second 20 years Treasury Bond that was auctioned last week by the Central Bank of Tanzania has oversubscribed,...

Coronavirus update: Tanzania schools to stay closed indefinitely

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). As the number of new coronavirus infections reaches 53, the government of Tanzania has ordered schools to stay closed...

Shilling fighting off threat, stable in 1stQ

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). The Tanzanian shilling has had an impressive first quarter stifling off the effects of coronavirus threat even amidst travel...

Got Milk? How a small town is using digital tech to sell milk

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). At a time when physical contact is discouraged due to spread of coronavirus, Tanzania’s little town of Kilimanjaro, has...

Tanzania adds security features to new bank notes

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Tanzania has released reprinted versions of several denominations of the country’s banknotes. The new banknotes are meant to be...

Cronavirus update: EAC trade down $380m in a week

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Trade among East African Community (EAC) member has suffered a catastrophic blow losing USD380 million in the span of...

Tanzania anti-corruption bureau recovers USD 36million

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). In just one year, Tanzania’s Prevention and Combating of Corruption Bureau (PCCB) has recovered close to USD 36 million...

TO LET: Empty offices, amidst a real estate boom

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Tanzania is well on its way to achieving its long coveted middle income status, and the mushrooming skyscrapers in...

Tanzania: The High Cost Of Justice

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Tanzania is in the processes of constructing mega court buildings that are large enough to house all levels of...

Flights to China postponed, precautions taken over coronavirus

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). The Tanzanian government has taken serious precautions towards curbing the coronavirus outbreak that has taken over 130 lives and...

Bank of Tanzania report paints a gloomy future for Zanzibar’s economy

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Bank of Tanzania (BoT) monthly (November 2019) economic report has analyzed the economic development of Zanzibar, a semi-autonomous region...

Tanzania pulled into mining dispute with three miners.

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). The Tanzanian government has found itself within mining dispute after three mining companies operating in the country, over various...

Learning institutions in Tanzania hand over $2 billion in dividend

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). In realization of Tanzania’s fifth government strategy to enhance the institution’s efficiency, the government received over $2million as dividends...

Taking a deeper look at Tanzania’s imports and exports

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). The Bank of Tanzania (BoT) released its monthly economic report for the November edition, which encompasses the export and...

What potential lies within Tanzania’s digital economy?

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). The world is much more digitally interconnected, compared to the past three decades, and Tanzania has been busy to...

Banking on the informal sector: can Tanzania fetch billions?

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). The Tanzanian informal sector is one of the leading employers’ spheres and a rather pool for mushrooming local or...

Tanzania’s potential for MICE tourism is growing- The Exchange

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Tanzania is emerging as an African leader in the rapidly growing meetings, conferences and events industry, experts have said. According...

Rotana soft opens five-star Johari Rotana in Tanzania

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). A new hotel dubbed Johari Rotana has sung open its doors in Dar es Salaam. The hotel features 256 spacious...

Tanzania gets serious with its dividends and revenue shares

Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com). Tanzanian President John Magufuli, has received $455.8 million (Tsh1.05 Trillion) as the governments dividend and revenue share from 79...