YAKOBE CHIWAMBO EXPERTS have praised the share-holding agreement under which the State Mining Corporation (StaMiCo) acquires a 45 per cent stake in a new mining venture, while a private sector firm, Tanzania-American International Development Corporation (Tanzam-2000), controls the majority 55 per cent shareholding. Formally known as ‘Joint Venture Agreement for the Redevelopment of Buckreef Goldmine,’ the deal involves Tanzam-2000…

Read More

Dar es Salam: Mabondia Mbwana Matumla ‘Golden Boy’ na Francis Miyayusho ‘Chichi Mawe’ leo wamepima uzito kwa ajili ya mpambano wao wa Ubingwa utakaofanyika katika Ukumbi wa Diamond Jubilee, Dar es salaam kesho jumapili OKCTOBA 30. wakizungumza wachezaji hawo kwa wakati tofauti baada ya kupima wamesema wapo tayari kuonesha mchezo mzuri wa ngumi na kuwapa raha zisizo na kifani…

Read More

  g. silas :The world is at a blink of a massive financial disaster. All countries are now taking some very drastic fiscal measures and policies to avoid or reduce possible undesirable consequences that are imminent. No country wants to be in the state Greece is in right now.The question is, what measures has Tanzania taken so far to…

Read More

The United Nations Development Programme (UNDP) will launch 2011 Human Development Report(HDR) on Thursday 3 November 2011 at 9.00 am at Apeadu Conference Hall at the UN premises, off Kinondoni Road in Dar es Salaam. The Human Development Report is published every year with the support of UNDP with a theme that is considered of critical importance for human…

Read More

New York, USA, 27 October 2011 – A new World Economic Forum report recommends practical steps government leaders can take to stimulate investments into energy efficiency upgrades in existing commercial buildings in order to enable job creation and green growth. The report, entitled, A Profitable and Resource Efficient Future: Catalysing Retrofit Finance and Investing in Commercial Real Estate, also…

Read More

KIGALI, RWANDA (27 October 2011)—The polarized debate over the use of organic and inorganic practices to boost farm yields is slowing action and widespread farmer adoption of approaches that could radically transform Africa’s food security situation, according to a group of leading international scientists meeting in Kigali this week. “The ideological divide over approaches to farm production are a…

Read More

Later this month, farm researchers, development experts and other stakeholders will gather in Kigali for a landmark conference to take stock of agricultural development efforts in Central Africa’s breadbasket and chart a path towards food security for the region. With the highest population density in sub-Saharan Africa, the Great Lakes region includes Burundi, eastern Democratic Republic of Congo and…

Read More

Geneva, Switzerland, 17 October 2011 – Recent shifts in the Arab world, coupled with an economic contraction at the global level, have created renewed urgency for decision-makers across the region to address the unfolding economic situation. Responding to this still-evolving landscape, the World Economic Forum will hold a Special Meeting on Economic Growth and Job Creation in the Arab…

Read More

Tanzania among the few nations prepared against hunger, but … Written by YAKOBE CHIWAMBO Friday, 14 October 2011 13:08 YAKOBE CHIWAMBO ALTHOUGH Tanzania has been identified as one of the few countries of the world which are relatively well prepared for the global triple crises of ‘climate change, depleted natural resources and skyrocketing food prices’ that could dwarf world’s…

Read More

Weak shilling: not so much of a losing game, BoT says Written by YAKOBE CHIWAMBO Friday, 14 October 2011 13:14 YAKOBE CHIWAMBO THE continuing weakening of the Tanzania shilling against the US dollar and other world currencies would be good news only if Tanzania was a major exporter, economic and other experts affirm. In the event, Tanzania imports far…

Read More

Tanzania: Airtel announced today that it will offer its BlackBerry customers a service waiver following a global outage attributed to the service provider Research in Motion. Research in Motion has now fully restored data services to its BlackBerry devices. The BlackBerry outage was caused by a hardware error which halted messaging and Web browsing across many parts of the…

Read More

Read More

Renaissance Capital: It has been downhill for the global economy since financial markets tumbled in August, while the West was on its summer holiday, on the back of economic data releases that revealed weaknesses in the economies of the West. Revisions to the US GDP numbers revealed that the 2008 recession was more severe than initially estimated and that…

Read More

Govt. reverses itself on subsidized maize prices Written by YAKOBE CHIWAMBO Friday, 26 August 2011 05:42 YAKOBE CHIWAMBO ONLY a few months after the Government in Dar intervened by selling maize to dealers and traders with the noble intention of bringing down the price of maize flour that had shot through the roof as a result of food shortages,…

Read More

Speaking at the British Chamber of Shipping, British Foreign Office Minister, Henry Bellingham, has outlined the UK’s ongoing commitment to tackle piracy off the coast of East Africa.  Minister for Africa, Henry Bellingham said: “This government is 100% behind a more robust response to piracy.  I am pleased to announce that a UK funded maritime intelligence and information coordination…

Read More

TOKYO, October 13, 2011 – Low- and middle-income countries in East Asia need to make their higher education systems more responsive to labor market demands and the economy as a whole to climb up the income ladder, says a new World Bank East Asia and Pacific Regional Report released today. Across the region, higher education institutions can realize their…

Read More

Wednesday, 12 October 2011: Next week, the second Bank M East African CSR Awards will officially open for entries. Companies from Burundi, Kenya, Rwanda,Tanzania and Uganda will be able to enter their corporate social responsibility (CSR) projects and programmes into the Awards on Tuesday, 18th October. Following the resounding success of the inaugural Bank M East African CSR Awards…

Read More

Abu Dhabi, United Arab Emirates, 11 October 2011 – The world urgently needs to rebuild trust in leaders, in governance systems and among countries if the international community is to shape new models and collaborative approaches to solve global challenges, political leaders and policy experts stressed in the closing session of the World Economic Forum’s Summit on the Global…

Read More

Elly Kimbwereza: I live in a remote village promoting cultural tourism in the south Pare Mountains. These villages are fortunate that they have primary schools and Secondary Schools and many retired school teachers.The irony of it is that these highly educated people by Tanzania standards are passive and not showing any interest in tracking the distribution of budget resources.In…

Read More

London: The secret life of the UK’s biggest companies listed on the London Stock Exchange has been uncovered today revealing that 98 out of 100 are using tax havens.  ActionAid’s research show for the first time just how deeply embedded this practice is for nearly all of Britain’s top multinationals. Corporate tax avoidance, which is one of the main…

Read More

(London, 10 October, 00:01 GMT) As the global population hits 7 billion this month, ActionAid has today warned that a triple crisis of climate change, depleted natural resources and rocketing food prices, could dwarf the world’s ability to feed them all. Based on new research in 28 poor countries, ActionAid’s report On the Brink: Who’s best prepared for a…

Read More

 Dar es Salaam: On the eve of the eighth anniversary of the World Day Against the Death Penalty, and the fourth anniversary of the European Day Against the Death Penalty, British Foreign Office Minister Jeremy Browne said: “It is the longstanding policy of the UK Government to oppose the death penalty in all circumstances as a matter of principle. …

Read More

By MUHARRAM MACATTA: The re-election of President Kikwete was not only a proof of his popularity among the citizens but also a strong statement that Tanzanians still had a lot of faith in his leadership. It was a confirmation that voters were happy with success and efforts of his administration in addressing national issues. It’s true that the nation…

Read More

By Abu Dhabi, United Arab Emirates, 10 October 2011 – The public debt crisis emerged as the top trend likely to impact the global economy in the next 12 to 18 months, according to a survey of the World Economic Forum’s Global Agenda Councils released today. The survey results, presented during the opening of the Summit of the Global…

Read More

By MUHARRAM MACATTA: Our country, no doubt, has great potential for economic advancement owing to her natural and human capital. But even with all these, her growth has been painfully slow, at times even regressing. For instance, the national growth dropped to 5.5 per cent in 2009 from 6.2 in 2008 due to persistent droughts, high inflation rates and…

Read More

*Abu Dhabi, United Arab Emirates, 9 October 2011 –* The World Economic Forum’s Summit on the Global Agenda will open tomorrow in Abu Dhabi. For the fourth consecutive year, the Summit will bring together over 800 Members of the Network of Global Agenda Councils, comprising global experts – thought leaders from academia, business, government and civil society – from…

Read More

Nokia Siemens Networks has migrated the existing charging and billing system of Vodacom Tanzania to its own charge@once unified* platform. As a result of a long-term, trusted partnership, Vodacom Tanzania has commissioned Nokia Siemens Networks for this project. With the charge@once unified platform, Vodacom Tanzania’s customers can now flexibly choose either prepaid, post paid or a combination of both…

Read More

———- Forwarded message ———- From: Benita Nsabua Date: Fri, 7 Oct 2011 16:21:15 +0200 Subject: NEPAD showcases progress on policy reforms.next decade to focus on implementation. To: NEPAD showcases progress on policy reforms…next decade to focus on implementation… 7 October 2011 Press Release New York – African diplomats and representatives of the civil society at United Nations yesterday…

Read More

New York,  3 October 2011 – As the New Partnership for Africa’s Development (NEPAD), the blueprint for the continent’s development, commemorates its tenth anniversary, United Nations and African officials gather in New York to reflect on its achievements and debate its future course. A series of high-level meetings and events designed to foster debates and generate suggestions for further…

Read More

Kigali, Rwanda, 6th October 2011 – Crystal Ventures Limited (“Crystal Ventures”) and the Government of Rwanda have collectively sold a 25% stake in MTN Rwandacell Limited (“MTN Rwanda” or “the Company”) to MTN Group Limited (“MTN Group”). The transaction, which was concluded in Kigali last week and brokered by Renaissance Capital, saw MTN Group increase its ownership in MTN…

Read More

Kigali, Rwanda, 6 October 2011 – Renaissance Capital, the leading emerging markets investment bank, has opened its inaugural East Africa Investor Conference, in Kigali, Rwanda. The event brings together more than 100 local, regional and international investors for two days of presentations, discussion and networking, focused on investment opportunities in Rwanda and across the wider East African region. Dr….

Read More

\”The situation in Mtabila refugee camp in Tanzania is very complicated. As a former worker of the camp, I understand that there are some who have genuine reasons for hesitating to go back to their home country. Most of those in this category are those who were born in Congo after their parents fled Burundi during the 1970s tribal…

Read More

ZAIDI ya mabondia 42 wanatarajia kushiriki katika mashindano ya mchezo wa ngumi yanayotarajiwa kufanyika Oktoba16 mwaka huu Dar es Salaam. Akizungumza na waandishi wa habari, Kocha wa Klabu ya Ashanti ya Ilala, Rajabu Mhamila, ‘Super D’ alisema kuwa mashindano hayo yanatarajiwa kushirikisha Klabu 12 kutoka katika maeneo mbalimbali. Alisema kuwa mashindano hayo yanatarajia kufanyika katika ukumbi wa Panandi Panandi…

Read More

Nine out of ten women in Afghanistan are worried about the Taliban returning to government believing it would risk the gains made for women in the past ten years, according to an ActionAid survey released today. A thousand women were polled across Afghanistan to obtain a rare insight into their opinions about living through the last 10 years of…

Read More

28/9/2011 – “At the heart of these regional engagements is the urgent need for Africa to address the current aid architecture and its implications for Africa’s development,” said Ibrahim Assane Mayaki, Chief Executive Officer of the NEPAD Planning and Coordinating Agency (NEPAD Agency) at the opening of the third Africa regional meeting on development effectiveness. The meeting is taking…

Read More

Dar es Salaam: The Ministry of Health and Social Welfare (MoHSW) should identify and phase out all ARVs that are causing serious side effects to people living with HIV & AIDS in the country while adequate education should be provided for proper use of these drugs to patients to minimize the problem, a press statement issued by SIKIKA has…

Read More