Africa Matters

Samia’s message on strengthened Brics-Africa links

She said Tanzania envisioned a Brics-Africa partnership that supports the continent’s endeavour to promote and strengthen regional value chains and help African producers to gain access to global export markets. Dar es Salaam. President Samia Suluhu Hassan said yesterday the Brics-Africa partnership needs to focus on unlocking the continent’s potential towards realisation of Agenda 2063, Sustainable Development Goals and…

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New circus over port deal as Kenya courts Gulf investors

Kenya- Tanzania’s business competitor in the region- is set to enter into an investment agreement with United Arab Emirates (UAE) Dar es Salaam. At a time Tanzanians are divided over the recent Intergovernmental Agreement (IGA) with Dubai, Kenya is reported to be courting the same investors from the Gulf. Kenya, Tanzania’s business competitor in the region, is set to…

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Why African nations are keen to join the expanding BRICS club

When the BRICS summit gets under way in South Africa next month, much of the international attention will be on whether Russian President Vladimir Putin, with an International Criminal Court warrant out for his arrest, will attend. But for many African countries, the summit is an opportunity for something much bigger. Various African countries, including Egypt, Ethiopia, Zimbabwe, Algeria,…

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UAE court denies SA’s plea to extradite Guptas

‘The reasons provided for denying our request are inexplicable,’ the South African justice ministry said. A court in the United Arab Emirates denied South Africa’s plea to extradite Atul and Rajesh Gupta, the brothers wanted in the African nation on charges of money laundering and fraud. The arrest warrant against the Guptas has also been cancelled, Ronald Lamola, South…

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Comic Nasty Blaq Inks int’l Collabo With Run Fashion Line

Popular Nigerian entertainer, Nasty Blaq has added to his achievements. The star comic has inked a first-of-a-kind international collaboration with Emirati fashion brand Run Fashion. A new collection inspired by Nasty Blaq: jackets, joggers, tee-shirts, all taking full advantage of the amazing spread of colors in Africa, with some items utilizing local fabric like adire and other print, is…

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Zanzibar economy: What diplomats can do to attract investment

Zanzibar President Hussein Mwinyi orders diplomats to do more to attract investors Zanzibar’s economy is doing well but can do better, especially by increasing its foreign direct investment to boost its blue economy potential. The island has huge agriculture and tourism potential that is yet to be utilized effectively. Now, Zanzibar President Hussein Mwinyi wants the country’s diplomats to…

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Tanzania, UAE sign deal on tackling double taxation

What you need to know: The agreement dubbed ‘Agreement on Avoidance of Double Taxation and Prevention of Fiscal Evasion on Income Taxes’ was signed by Finance ministers of the two countries–Dr Mwigulu Nchemba for Tanzania and Mr Mohamed Bin Hadi Al Hussain of the UAE. Dar es Salaam. Tanzania and the United Arab Emirates (UAE) have signed an agreement…

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