Category Archives: Tanzania News

Tanzania News

The ease of doing business should be prioritised in Africa

South African exports to Tanzania are predominantly in the area of manufacturing, namely machinery, mechanical appliances, paper, rubber products, vehicles, iron and steel, services and technology South Africa and Tanzania have encouraged the business sector from both countries to commit to and utilise some of the agreements signed by their respective governments in order to […]

The “Musical Park” makers

We are Pato from Argentina, a teacher, dreamer, and musician. Vini, an engineer from Brazil who loves teaching and nature. And Jaime a McGyver craftsman-designer from Spain. We met while touring New Zealand – and now we are making our dream a reality! We are Musical Park makers and create sustainable, creative, fun, outdoor spaces […]

5th African Islamic Finance Summit Inaugurated in Dar Es Salaam, Tanzania

Delegates from 20 African Countries participated in the Summit, organized by AlHuda CIBE (April 18, 2018 (Dubai)):: (Dar es Salaam – Tanzania) East Africa is emerging for Islamic Finance and a new destination for Islamic Financial Institutions which will open new avenue for the Foreign Direct Investment (FDI) in the region, it was stated by […]

5th African Islamic Finance Summit to be held in Tanzania

It will help bringing forward digital financial services solutions and financial inclusion: Muh. Zubair Mughal, CEO, AlHuda CIBE AlHuda Centre of Islamic Banking and Economics (CIBE) is honored to organize 5th African Islamic Finance Summit in Tanzania. The event is successfully held for many years in Tanzania for the betterment of the socio-economic conditions of […]

Using African Gas for Africa First

A private sector initiative called LNG2Africa is addressing one of the continent’s biggest lost opportunities, turning LNG into an African asset 2018 is turning out to be a bold new year. We are witnessing changes to the African energy market that are both welcome and long-awaited for. We spoke before of the great progress Nigeria […]

Africa & Middle East: Slingshot, the spy that came in from the router

So far, researchers have seen around 100 victims of Slingshot and its related modules, located in Kenya, Yemen, Afghanistan, Libya, Congo, Jordan, Turkey, Iraq, Sudan, Somalia and Tanzania Kaspersky Lab (www.Kaspersky.co.za) researchers have uncovered a sophisticated threat used for cyber-espionage in the Middle East and Africa from at least 2012 until February 2018. The malware, […]

China’s First African Silk Road and Possible Future Development

China recently assisted Kenya, Djibouti and Ethiopia build new heavy weight standard gauge railway lines. However, in 1976 China actually completed construction of a railway line that extended inland from the Tanzanian port of Dar es Salaam. Introduction: China’s first foray into Africa railway construction was intended to provide African nations such as Zambia and […]

Helium gas to become a key component in driving industrialization in Tanzania

Helium One, University of Dar es Salaam (UDSM) hold workshop on Helium Gas in Dar es Salaam. Helium One announces sponsorship of two UDSM students for MSc Programme at Oxford University. Helium One (www.Helium-One.com), the mineral exploration company that has been conducting surveying and exploration activities for helium in the Rukwa Region, in partnership with the […]

Kampala Conference to welcome H.E. Irene Muloni, Minister of Energy and Mineral Development for Uganda to highlight key energy projects both on and off the grid across the East African region

The East Africa Energy and Infrastructure Summit (EAEIS) will unite regional governments from Kenya, Uganda, Tanzania, Rwanda and Ethiopia A conference taking place in Kampala from the 6-8 February is to welcome H.E. Irene Muloni, Minister of Energy and Mineral Development and H.E. Dr. Frehiwot Wodehanna, State Minister of Electricity, Ethiopia, to discuss what is […]

Tanzania: The region’s largest construction conference & exhibition returns on the 16th-17th March 2018

Dar Construction Expo is the region’s largest construction, engineering and design conference and exhibition. In 2017 it attracted over 3,200 visitors, more than 100+ businesses exhibited and many major house builders and contractors attended. For this year 2018, the expo and conference will take place in three major Regions in Tanzania, starting with Arusha in March, […]

Top five business risks for East Africa

Investor Demand and Business Activity to Increase as Political Stability Returns to Kenya Kenya is emerging from a protracted presidential election process and seeing a return to political stability. Nonetheless, challenges will persist in 2018 for organisations operating in the country and East Africa more widely. High debt levels in Kenya and unpredictable policymaking in […]

Payroll compliance high on the agenda for East African tax authorities

Without improving tax collection, East African countries will not be able to effectively finance the building of infrastructure and the provision of public services The Pay As You Earn (PAYE) tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to […]

Largest Minigrid in Tanzania

REDAVIA, a global market leader of cost-effective, reliable rental solar power for businesses and communities, commissioned two minigrids in Isenzanya and Shitunguru, located in the Songwe region in western Tanzania. The two pioneering containers were financed by InfraCo Africa (part of PIDG). Previously, both villages didn’t have access to power – a common situation in Tanzania with low […]

SA mining industry sees a turnaround in financial performance amid a challenging operating environment

2017 was another challenging year for South Africa’s mining industry in light of a decrease in dividends and market capitalisation, various retrenchments across the industry, and marginal increases in taxes paid. However, spot price increases for bulk commodities supported the industry and resulted in a return to profitability after the first substantial increase in revenues […]

Doing Trade and Promoting Entrepreneurship: The QNET Startegy

Having established firmly in West Africa with agents across three countries, QNET is set to shake the entrepreneurship environment in East Africa –starting with Tanzania. The company which is flourishing in a midst of a larger global direct selling sector and providing a range of products cutting across home care, jewellery, cosmetics, and personal care, […]

User experience takes centre stage in Africa’s entertainment and media industry: PwC report

The Outlook is a comprehensive source of analyses and five-year forecasts of consumer and advertising spending across five countries Amid shifting consumer preferences, rapid advances in technology and ongoing disruption to business models, the new strategic imperative for entertainment and media (E&M) companies is to turn customers into fans – by innovating to create the […]

The African View of Silicon Valley

What do Africans really think about the grandiose education projects, promoted by outsiders, that promise to transform their lives? In a special debate at this year’s eLearning Africa conference, we will find out. This year’s eLearning Africa debate promises to be livelier than ever. The motion for discussion is “This House believes that grandiose Silicon […]

Progress of wind projects in Tanzania

Emerging Market Power (EMP) recently shared a positive news on the progress of the development of two wind projects across Tanzania, with construction expected to commence in 2019.  According to a report shared by EMP, the Met Mast, which is the device for measuring as well as monitoring wind velocity, was successfully transported and installed […]

Xpress Money and TerraPay partner to enable real-time international money transfers to mobile wallets in Africa

  Initial service rollout includes remittances to all mobile wallets in Tanzania and all mobile numbers in Nigeria Xpress Money, one of the world’s most dependable money transfer brands has partnered with TerraPay, the world’s first mobile payments switch, to enable real-time international money transfers to mobile wallets in Africa. Powered by TerraPay’s global clearing and […]

Africa’s hospitality sector withstands economic headwinds

South Africa’s hospitality sector is poised for further growth in the next five years bolstered by inbound travelers amid a difficult and volatile economic climate. Pietro Calicchio, Hospitality & Gaming Industry Leader for PwC Southern Africa (www.PwC.co.za), says: “Africa’s hotel sector has remained resilient in the face of strong economic headwinds.” PwC’s 7th edition of the ‘Hotels […]

Resolution Insurance realises expansion plans with SSP Pure Insurance

The deal will see SSP Pure Insurance deployed as a single flexible, end-to-end core insurance solution across Resolution Insurance’s operations in Kenya and Tanzania, with local account management support from the Kenyan office Resolution Insurance has chosen global insurance technology specialist SSP (www.SSP-Worldwide.com) to provide a new, robust, flexible IT system to underpin its expansion […]

Highlights from Power Africa at Africa Energy Forum

Power Africa attended the Africa Energy Forum (AEF) to further advance its goal to increase energy access and power generation in sub-Saharan Africa. Through grant signings, facilitated events, and targeted meetings with government and private sector partners, Power Africa plans to further increase the number of transactions that have reached financial close. Currently, the 76 […]