Africa Matters

Exchange rate time spans and economic efficiency, 1967 to 2012

Nimi Mweta. Dar es Salaam: PLENTY of agitation is often heard from policy making circles that businesses in the country should stop charging for services in the US dollar, seeking to make it that this leads to the local currency losing in value to Uncle Sam’s money, as this habit diminishes demand for it. This agitation would virtually make…

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Crucial African body appoints Tanzanian a board member

*Dar es Salaam, Sunday 25th August 2013:* One of the senior most legal consultants in Tanzania, Dr Eve Hawa Sinare has been appointed as a member of the Management Board of Tunisia based African Legal Support Facility (ALSF). The facility, which is hosted by the Africa Development Bank (AfDB), assists African governments in the negotiation of complex commercial transactions…

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Minister promises openness to the media

*Na Tulizo Kilaga* *Waziri wa Maliasili na Utalii,* Mhe. Balozi Khamisi Kagasheki amewataka wahariri wa vyombo vya habari nchini kupanga utaratibu wa kukutana na viongozi wa wizara kwa shabaha ya kuuliza ama kupata uhakika wa mambo yaliyojitokea ndani ya wizara. Mhe. Kagasheki aliyasema hayo katika mkutano na wahariri wa Jukwaa la Wahariri uliofanyika jijini Dar es Salaam leo, kuhusu…

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Mugabe, President of the Republic of Zimbabwe now Deputy Chairperson of SADC

*COMMUNIQUÉ OF THE* *33RD SUMMIT OF SADC HEADS OF STATE AND GOVERNMENT* *LILONGWE, MALAWI: AUGUST 17-18, 2013.* 1. The 33rd Summit of the Heads of State and Government of the Southern African Development Community (SADC) was held in Lilongwe, Republic of Malawi on 17th and 18th August 2013. 2. Summit elected H.E. President Joyce Banda of the Republic of…

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Youth told: Capital lies in knowledge, skills use

Youths have been challenged to apply their knowledge and skills in finding solutions to the current social and economic challenges facing the country. Speaking yesterday at a ‘Dr Reginald Mengi Tweet Poverty Eradication Competition’, the winner for July, Tony Alfred a graduate from the University of Dar es Salaam argued that one’s ability to solve social and economic challenges…

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TAMFI loan portfolio tops 800 billion

TAMFI members’ institutions loan portfolio tops 800 billion The microfinance institutions associated with TAMFI are serving about 1,000,000 customers with loans of over 800 billion, it has been disclosed. This was disclosed at Tanzania Institute of Microfinance Institutions (TAMFI) General Meeting at Ubungo Plaza yesterday (Thursday 1st August). TAMFI chair Mr. Edmund P. Mkwawa said “when we met here…

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Will the new law counter counterfeits menace?

By Veneranda Sumila, The Citizen Reporter, *Dar es Salaam:* 15th June 2012 President Jakaya Kikwete signed into a law Business laws (Miscellaneous Amendment) Act. Among the many laws amended by the act , also was the Merchandise Act (CAP.85). The new law describes “counterfeit goods” as “goods that are a result of counterfeiting and includes any goods generally known…

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Mbaraka Islam appointed member of Tourism Technical Advisory Committee

The General Public is hereby informed that pursuant to the powers conferred upon him by section 4(1) of the Tourism Act No. 29 of 2008, the Minister for Natural Resources and Tourism Hon. Ambassador Khamis Sued Kagashek has appointed the following as members of the Tourism Technical Advisory Committee for a period of three years with effect from 1st…

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