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Tanzania’s Currency Declines: Impact on Economy

Tanzania's economy is facing potential instability due to the weakening performance of its currency, the Tanzanian shilling. Recent data from the Bank...

3 years ago · By Recha Shatora

Politics

Azimio Organizes Prayers to March Caskets of the Deceased

The invite to the prayer gathering, emphasizes Azimio 's commitment to pursuing legal avenues to hold Inspector General Koome and involved police offi...

3 years ago · By Phoebe Opar

Business

Tanzania’s Economy Flourishes Amid Global Challenges

A recent study has indicated that Tanzania’s economy is relatively stable despite economic challenges including increased financial constraints, clima...

3 years ago · By Recha Shatora

Business

Trade: KAM Expresses Concern as Finance Act Takes Effect

The Kenyan government's move to introduce an Export Development and Promotion Levy (EIPL) on imported goods, potentially leading to decreased trade wi...

3 years ago · By Recha Shatora

Business

East Africa to become Africa’s Top Economic Performer

According to the recently released African Development Bank 2023 East Africa Economic Outlook, East Africa is set to be the continent's top-performing...

3 years ago · By Recha Shatora

Climate

Tanzania’s Deforestation Rates Reach Alarming Levels

Tanzania, renowned for its vast tree cover and rich natural landscapes, faces a mounting concern over the escalating rate of deforestation. According...

3 years ago · By Mitchelle Ijaza

Africa

How Tanzania Plans to Reduce Its Unemployment Rate

The government of Tanzania said on Wednesday that the third Five-Year Development Plan's goal is to reduce unemployment from 9% in 2019 to 8% by 2025–...

3 years ago · By Recha Shatora

Business

Uganda To Switch Its Sh1000 Banknotes for Coins

Uganda has stated that it is performing a cost-benefit analysis that will guide its choice to switch from low denomination banknotes to coins. The nat...

3 years ago · By Recha Shatora

Business

China Boosts Algeria’s Economy with Ksh5.1 trillion Investment

Beijing and Algiers signed 19 cooperation agreements on Tuesday during Algerian President Abdelmadjid Tebboune's official visit to China, where he als...

3 years ago · By Recha Shatora

Business

Tanzania Thrives as Investors Flee From Burning Neighboring Country

President Samia Suluhu of Tanzania has once again attracted attention with her recent remarks regarding the country’s economic strength during a speec...

3 years ago · By Recha Shatora

Business

Tanzania and European Union Sign Financial Agreement

The government of Tanzania and the European Union have signed three financial grant agreements totaling 179.35 million euros (Tsh455.09 billion, Ksh26...

3 years ago · By Recha Shatora

Africa

Tanzania Launches Urgent Measures to Combat Deforestation

Tanzania expresses growing concern over the escalating rate of deforestation within the country and it is launching measures that will combat the cris...

3 years ago · By Mitchelle Ijaza