Financial Times
24Oct 2018
By Financial Times Reporter
Financial Times
Acacia, which owns three gold-producing mines in Tanzania – Bulyanhulu, Buzwagi and North Mara - is at the heart of a sweeping crackdown on tax evasion and corruption by President John Magufuli...
17Oct 2018
Editor
Financial Times
Though there have been calls after calls for Africa to develop its capacity to add value to the raw materials it produces before export, they have - to a large extent - remained just calls.
While...
17Oct 2018
By Financial Times Reporter
Financial Times
The trading of shares of these companies is eagerly awaited because it will be a tremendous boost to the fortunes of the nascent bourse whose market capitalisation went up nearly 2trn/- by the...
17Oct 2018
By Financial Times Reporter
Financial Times
James Sinclair, the Executive Chairman of the Toronto-based Tanzanian Royalty Exploration Corporation, said President John Magufuli's government is on the right track with its far-reaching mining...
17Oct 2018
By Financial Times Reporter
Financial Times
WE’VE GOT THIS "Calls for foreign investigators are without merit. Our own law enforcement agencies are capable of carrying out this investigation," Deputy Home Affairs Minister Hamad Masauni
Pressure is intensifying for answers into Dewji's abduction at a luxury hotel in Dar es Salaam about a week ago.The 43-year-old US-dollar billionaire was taken at gunpoint by unknown assailants...
Vodacom Tanzania Limited chairman ALI MUFURUKI.
17Oct 2018
PETER NYANJE
Financial Times
groomed people to run these companies? In the second part of his interview with Financial Times Staff Writer PETER NYANJE, Vodacom Tanzania Limited chairman ALI MUFURUKI responded to these and other...
Three cooperation agreements between turkey and Africa were signed during the Turkey-Africa Economic and Business Forum held in Istanbul last week including a Memorandum of Understanding between the Ministry of Mines and Geology of the Republic of Senegal and Tosyalı Holding, Trade and Investment Cooperation Memorandum of Understanding between Republic of Turkey Ministry of Commerce and the African Union Commission as well as Trade and Economic Cooperation Agreement between Republic of Turkey and the Government of the Republic of Zimbabwe Government.
17Oct 2018
By Financial Times Reporter
Financial Times
The call was made by Salum Shamte, chairman of the Tanzania Private Sector Foundation (TPSF), shortly after returning from Istanbul, Turkey where he led a contingent of Tanzanian businessmen to the...
10Oct 2018
By Financial Times Reporter
Financial Times
According to the Investment Risk Index in the World Risk Report released this week, investment security in Africa has improved by 4%, with the average score for constituent jurisdictions from Africa...
TPSF membership service director Louis Accaro.
10Oct 2018
By Financial Times Reporter
Financial Times
Jointly organized by the Turkish Ministry of Economy, African Union Commission (AUC), and DEIK, the forum brings together businessmen from Turkey and Africa to deliberate on how they can work...
permanent secretary in the Ministry of Water, PROF KITILA MKUMBO.
10Oct 2018
Mtapa Wilson
Financial Times
QUESTION: What is the current status of water availability in Tanzania? Does it correspond with the targets to alleviate the problem? If not, why?ANSWER: I can say that water availability in the...
ALIKO Dangote.
10Oct 2018
By Financial Times Reporter
Financial Times
The Tanzanian government has already offered a coal mine to Dangote and recently connected natural gas supply to its Mtwara-based cement factory.Dangote has been demanding preferential treatment for...
10Oct 2018
By Financial Times Reporter
Financial Times
COFFEE CARTELS Coffee is the third-biggest cash crop in Tanzania after tobacco and cashew nuts, fetching the country over 350bn/- each year in export revenues
A statement issued by the President's Office on Monday night said those benched include Kagera Regional Police Commander (RPC) Augustine Ollomi and the Kyerwa Officer Commanding District (OCD),...
Ali Mufuruki.
10Oct 2018
By Financial Times Reporter
Financial Times
SHALLOW POOL Ali Mufuruki, Vodacom Tanzania Board Chairman, insists that he finds no fault in appointing competent foreigners as chief executives of big companies due to a shortage of potential candidates in the country
But the approval of Mulinge's work permit application took unusually long and Vodacom Tanzania hit a brick wall every time it sought answers from Tanzanian government officials.After a flurry of...
03Oct 2018
PETER NYANJE
Financial Times
Germany’s ambassador to Tanzania, DR DETLEF WACHTER, sat down with Financial Times staff writer PETER NYANJE for a wide-ranging interview about trade and investment relations between Tanzania and Germany, , plus the government’s plan to develop a 2,100-megawatt hydropower station within the Selous Game Reserve which happens to be a world heritage site. Excerpts…
ANSWER: I can describe that as a real success story. I came here one year ago and I did not expect our bilateral relations to be so deep and broad. I think Germany and Tanzania are cooperating in all...
03Oct 2018
By Financial Times Reporter
Financial Times
The law criminalises the dissemination of “any statistical information which is intended to invalidate, distort or discredit official statistics” issued by NBS.The World Bank says the law...
GERMANY’S Ambassador to Tanzania, Dr Detlef Wächter.
03Oct 2018
PETER NYANJE
Financial Times
Speaking in an exclusive interview with the Financial Times recently, Dr Wächter said the EPA could give Tanzania many opportunities in trade with EU. He said the offer is still on the table and it...
03Oct 2018
Fumbuka Ng'wanakilala
Financial Times
President Magufuli blasts a new environment audit report on the Stiegler’s Gorge project by a team of Tanzanian experts and orders his government to change recommendations of expert report findings in favour of "national interests"
Magufuli slammed a recent environment audit of the project by a team of Tanzanian experts and ordered his government to change recommendations of the report in favour of broader "national...
SYLVESTER Ambokile.
26Sep 2018
Lucas Liganga
Financial Times
Since taking over his diplomatic role in South Africa, Namibia and Botswana, AmbassadorAmbokile has sweet talked leaders of the three southern African countries into introducing the teaching of...
26Sep 2018
By Financial Times Reporter
Financial Times
DEBT-TRAP DIPLOMACY? The biggest holders of Chinese debt in Africa are Angola ($42.8bn), Ethiopia ($13.7bn), Kenya ($9.8bn), Sudan ($6.49bn), Zambia ($6.37bn), Cameroon ($5.56bn), Nigeria ($4.8bn), South Africa ($3.78bn), and Ghana ($3.49bn).
Data from the China-Africa Research Initiative (CARI) at Washington’s John Hopkins University School of Advanced International Studies, seen by the Financial Times, shows that Tanzania took...
26Sep 2018
By Financial Times Reporter
Financial Times
According to the TRA corporate plan, key sectors that are expected to drive the economy include agriculture, industry, construction and services
Currently there are a total of 475 large tax payers in TRA’s register, and the taxman is aiming to make it a round 500 by 2022/23, according to its current five-year corporate plan whose...
