Category Archives: Tanzania News

Tanzania News

THENERGY ANALYSIS: Solar-diesel and Wind-diesel Microgrids for Off-grid Mines Gain Momentum – New Projects Expected

Hybrid plant in Western Tanzania during construction – approved for media publication with source: Redavia GmbH

Two recent project announcements show that renewables are an attractive solution for improving mining companies’ energy cost positions.

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DoubleTree by Hilton, Stone Town Zanzibar, Tanzania. Interview with Josour Magazine Monthly & Online

Yehia El Mansoury, Group Director of Business Development at Doubletree by Hilton Tanzania – Burundi

These are exciting times for DoubleTree by Hilton in Tanzania and of course Zanzibar, share with us some of your experience in this emerging destination.

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Tanzania: Economic growth, estimated at about 7 percent, remained strong in 2016

A team from the International Monetary Fund (IMF), led by Mauricio Villafuerte, visited Tanzania from April 3-13, 2017 and held discussions with the authorities on the sixth review under the Policy Support Instrument (PSI) program that was approved on July 16, 2014.

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Tigo Launches First State-of-the-Art Call Centre in Tanzania

Boasting the latest technology, the Call Centre complete with embedded data security measures to protect customer information and identity, has been designed to offer Tigo customers dedicated world-class service

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Mikono Expo Group will Host the Dar Construction Trade Expo and the East Africa Smart Building Summit 2017 in Dar es Salaam,Tanzania!!

Tanzanian based company Mikono Speakers under her sister company Mikono Expo Group, which operates in Tanzania, South Africa and other African nations, is hosting the Dar Construction Trade Expo 2017. This esteemed event will take place along with the East Africa Smart Building Conference. More than 200 exhibitors from Africa and all over the world will participate and the conference is expected to attract more than 1000 Industry stake holders in Dar-es-Salaam, Tanzania at the Julius Nyerere International Convention Centre (JNICC), from 17th-18th August 2017.

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Tanzania: Report by Exotix and IMF reassures brighter economic outlook

Report from UK-based Exotix Partners in collaboration with the Kenya-based Equity Investment Bank have it that Tanzania has a bright economic outlook – adding up to IMF economic forecast for Tanzania. The report highlights that the current anti-corruption and anti-tax evasion drive by the President, HE John Magufuli, might look disruptive in the short term but will do the country a greater favour in the long term. The report said “this reformist agenda has proved painful but should these policy actions be sustained they could act as a long-term positive catalyst for the efficiency of Tanzania’s public sector institutions.”

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Tigo Tanzania awards $40,000 to support projects run by local social entrepreneurs

Tigo Tanzania Managing Director, Diego Gutierrez (right), hands over a dummy cheque to Nancy Sumari, (right, in white), one of the winners of the Tigo Digital Change-makers’ awards in Dar es Salaam last Thursday. Looking on are, Tigo Corporate Social Responsibility Manager, Halima Okash, (center) and Reach for Change Country Manager, Josephine Msambichaka (Photo Courtesy: Tigo)

Tigo Tanzania (www.Tigo.co.tz), in partnership with a non-profit organization, Reach for Change (http://Africa.ReachForChange.org), has given an award of USD 20,000 each to two winners of the 5th edition of the Tigo Digital Changemakers Competition. The competition aims at identifying and supporting social entrepreneurs who use digital tools and technology to improve communities and impact future generations. In addition to a substantial financial grant, winners are provided with access to Tigo and Reach for Change Incubator Program, which provides them with advice, expertise and access to global networks, enabling them to build financially sustainable social enterprises that create lasting, large scale change to the community.

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Tanzania: A Leader among Africa’s Emerging Markets

The United Republic of Tanzania (Tanzania) has recorded an annual average growth rate of more than 6% over the past decade and is on course to maintain a robust growth rate of over 6.5% going forward. Despite global economic and financial uncertainties, the economy has been able to achieve these consistent growth rates coupled with a low inflation rate, driven by activity in sectors such as mining, energy, construction and manufacturing.

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4th African Islamic Finance summit

Opportunity to gain knowledge about Global Practices on Islamic Finance

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Tanzania: World Merit Gains 150% YoY growth in 2016.

World Remit, has announced a 150 per cent Year on Year growth in 2016 and 10,000 unique transactions performed in December last year. The digital money transfer, World Remit, has grounded its presence in Tanzania and providing money transfer services and the growing demand for instant remittances of over 4 million expatriates living outside the country. The services provided by World Remit allows customers to transfer money from abroad directly to Mobile Money services in Tanzania. The Mobile Money platforms such as Tigo Pesa, Vodacom M-Pesa and Zantel Ezy Pesa Mobile Money accounts makes it easy and convenient for residents in Tanzania to access money from clients, family, and friends in abroad. People in more than 50 countries can send instant, secure transfers to more than 140 destinations through the platform. World Remit According to the announcement, the biggest senders to Tanzania include migrants currently living in the UK, Sweden, Australia, Norway and Canada, among others.

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