Financial Times

01Aug 2018
By Financial Times Reporter
Financial Times
Travel receipts, which accounted for 60.4 per cent of services receipts, grew by 14.6 per cent to $2,414.4 million owing to increase in number of tourist arrivals, the central bank noted in the June...
01Aug 2018
By Financial Times Reporter
Financial Times
One of such policies is a new policy adopted by the tiny African island country of Mauritius.Mauritius will starting this month be offering foreigners the chance to obtain Mauritian citizenship in...
01Aug 2018
By Financial Times Reporter
Financial Times
But life wasn’t always so bright. In the past, Moses would earn only $175 (about 399140/-) per harvest, producing three bags of paddy, or unmilled rice. Now he earns $1,050 (about 2.4m/-) for...
01Aug 2018
By Financial Times Reporter
Financial Times
The list of uses for graphite is extensive. For centuries it has been indispensable for teaching children how to write with pencils. Later it found a multitude of industrial uses, most notably as a...
01Aug 2018
By Financial Times Reporter
Financial Times
The last time an attempt was made at setting up a national airline, the Nigerian government entered into an arrangement with Virgin Atlantic, a British airline.It did not end well. And if the...
25Jul 2018
By Financial Times Reporter
Financial Times
Barrick Gold Corp., which owns about 64 per cent of London-based Acacia, last month withdrew a timetable to resolve the dispute with Tanzania, after previously indicating it would have a detailed...

Managing Director Ladislaus Matindi.

25Jul 2018
By Financial Times Reporter
Financial Times
The national carrier recently signed an exclusive five-year time-and-material contract with StandardAero to provide maintenance and engineering services for the Pratt & Whitney Canada (P&WC) PW150A engines powering the flag carrier’s fleet of 3 Bombardier
For instance, flying between Tanzania and Uganda requires one to connect through Nairobi’s Jomo Kenyatta International Airport or Rwanda’s Kigali International Airport. Air Tanzania wants...

print.

25Jul 2018
By Financial Times Reporter
Financial Times
According to its recent survey, growing demand for production and office printer equipment sales and services, as well as numerous other factors specific to the region, demonstrate the need for...
25Jul 2018
By Financial Times Reporter
Financial Times
South Africa remains by far the leading intra-African trade nation – its trade with the rest of the continent rose 8.6 per cent to $31.92 billion in 2017, accounting for over 24.9 per cent of intra-African trade
According to the Africa Export and Import Bank (Afreximbank) report, Tanzania is among five countries that registered steep declines in their trading with the rest of the continent last year. Others...

The $15,000 (about 34m/-) factory now produces three tonnes of briquettes daily and supplies 1,000 tonnes of briquettes to Zanzibar farmers each year. File photo

25Jul 2018
By Financial Times Reporter
Financial Times
Higher yields mean higher incomes for these farmers, who apply farming technology, like fertilizer, to improve their crops, earn more money, and provide more food for their families, many of whom are...

Sebastian Luoga.

25Jul 2018
By Financial Times Reporter
Financial Times
The two entrepreneurs started from the bottom, with no or little money, but did not allow their lack of capital to hold them back
But some budding entrepreneurs in the country are increasingly bucking this trend by showing that all you really need to start a business is an idea and determination.The Financial Times spoke to two...

On December 10, 2016, President John Magufuli held talks with Dangote at State House in Dar es Salaam. During the meeting, Dr Magufuli assured Africa’s richest man that his administration will continue creating favourable business conditions for all investors in the country to help catalyse his government’s industrialisation drive. File photo

18Jul 2018
By Financial Times Reporter
Financial Times
is so big, so audacious and so potentially transformative that it is like Africa’s Moon landing and its Panama Canal — a Pyramids of Giza for the industrial age. If Aliko Dangote, the...

From left to right: The Chairman of the Tanzania Extractive Industries Transparency Initiative (TEITI), Ludovick Utuoh, the Acting Director of Finance, Planning and Investments of the National Health Insurance Fund (NHIF), Celestin Muganga, and the Director General of PPF Pensions Fund, William Erio, marvel at a copy of the Financial Times newspaper in Dar es Salaam last week. ALL PHOTOS BY JOHN BADI

18Jul 2018
By Financial Times Reporter
Financial Times
The new-look Financial Times, which was officially relaunched on 4 July this year, comes at a time when the media industry, not only in Tanzania but across the globe, is facing a number of key...
18Jul 2018
By Financial Times Reporter
Financial Times
In terms of contribution to real GDP growth, construction leads the pack, weighing in with 22.7 per cent of economic growth output last year, followed by transport and storage (15.6 per cent),...
18Jul 2018
By Financial Times Reporter
Financial Times
Stumai Simba, a 25-year-old female entrepreneur, took to social media last week to narrate her ordeal after a health inspector allegedly created all manner of obstacles that prevented her from...
18Jul 2018
By Financial Times Reporter
Financial Times
RESET BUTTON? Acacia Mining Plc changes executives both at its London headquarters and in Tanzania as it hopes for a thaw in frosty relations with President John Magufuli’s government
Acacia announced in November last year that Brad Gordon, its Chief Executive Officer (CEO), and Chief Financial Officer (CFO) Andrew Wray both resigned from their positions in London.Tanzania's...

The African Development Bank (AfDB) president, Akinwumi Adesina.

11Jul 2018
By Financial Times Reporter
Financial Times
·         Prior to her appointment as Director General of the Southern African Region, Dr Tonia Kandiero served as the bank’s Resident Representative for Tanzania  
On the first anniversary of Tonia’s death, Adesina said, “The Tonia Kandiero Prize is expected to strengthen a culture of professionalism, innovation, and administrative and management...
11Jul 2018
By Financial Times Reporter
Financial Times
Many African nations have long recognized how lucrative tourism is to their economy and have taken steps to formalize their industries. Yet, their marketing strategies and accompanying brochures and...
11Jul 2018
Mtapa Wilson
Financial Times
The government recently announced its plan to pump money into the Agricultural Sector Development Program (ASDP) Phase II as part of efforts to boost agricultural production in a country of more than...
11Jul 2018
Correpondent
Financial Times
Vladimir Rojankovski, investment analyst at Global FX said that if the Strait is blocked for one or two months, oil traders could panic and buy out all available crude futures, sending prices to $250...

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