News Tanzania Economy: Chinese Firms to Build Gold Smelter, Refineries in Tanzania
Tanzania said on Wednesday it had awarded licenses for the construction of a mineral smelter and two gold refineries to Chinese firms, as part of government efforts to generate more revenues from the nation's mining industry. Minerals Minister Doto Biteko said the Chinese companies would also soon be awarded licenses for mines, each of which would require investment worth more than $100 million. He did not name the firms or give details about the mining or other projects in the East African nation, Africa's fourth-biggest gold producer after South Africa, Ghana and Mali. President John
News Tanzania Economy: Tanzania: 'Set Your Ovaries Free', Magufuli Tells Tanzania Women
Tanzania President John Magufuli has urged the country's women to "set your ovaries free" and have many more children so the economy can grow, Reuters reports. Magufuli cited China, Nigeria and ...
News Tanzania Economy: Tanzania: World Bank Contradicts Tanzania's Economic Growth Estimates
Dar es Salaam — The World Bank today said Tanzania's economy grew by 5.2 per cent in 2018, contradicting the 7 per cent growth figure announced by the government of Tanzania in June 2019. ...
News Tanzania Economy: Tanzania says construction of Sh3 trillion gas plant to start in 2022
Tanzania’s energy minister, said in a budget presentation to parliament. The country’s central bank believes just starting work on the $30 billion plant would add another two percentage points to ...
News Tanzania Economy: EDITORIAL COMMENT: Time to boost Zim-Tanzania economic ties
Tanzania President, John Magufuli arrived in Harare yesterday for a two-day official visit that will further strengthen the fraternal relations between the two countries. This is his first visit to ...
News Tanzania Economy: Tanzania: Are Minerals in Tanzania a Blessing or a Curse?
Opinion - The United Republic of Tanzania possesses tremendous amount of natural resources, including land, minerals, forests, wildlife, fisheries, marine waters, biodiversity, and people. Sometime ago, I attended the dialogue organised by the African Union and attended by senior policy makers from across Africa and hosted at the United Nations Economic Commission for Africa (Uneca).
News Tanzania Economy: FAO The United Republic of Tanzania Resilience Strategy, 2018
Agriculture is the backbone of the economy in the United Republic of Tanzania. The sector contributes to about 30 percent of the gross domestic product, while supporting about 80 percent of rural ...
News Tanzania Economy: Tanzania: Kagera RC Warns Against Coffee, Minerals Smuggling
KAGERA Regional Commissioner, Brigadier General Marco Gaguti has told Kagera residents to use strategic location of the region to boost trade instead of sabotaging the economy through coffee and mineral smuggling.
News Tanzania Economy: China, Tanzania hold talks to boost economic cooperation
(MENAFN) On Wednesday, China and Tanzania Wednesday opened a new door of communication meant at boosting economic and trade cooperation, particularly on investment and financing. The new door of ...
News Tanzania Economy: Should Tanzania Sign the Economic Partnership Agreement With EU?
German scholar Prof Helmut Asche says the country has good reasons not to sign the Economic Partnership Agreements (EPAs) with the European Union (EU). According to the scholar, the treaty has some detrimental clauses that do not serve Tanzania's national and regional interests and some give the EU unfettered access to the country's raw materials.
News Tanzania Economy: IMF forecasts Tanzanian economic growth of 4-5 pct in medium term
NAIROBI, April 18 (Reuters) - Tanzania’s economy will be subdued if recent government policies and legislation continue, threatening to hit growth in East Africa’s third largest economy ...
News Tanzania Economy: Tanzania president blocks critical IMF report on economy
Tanzania was criticised by the International Monetary Fund for unpredictable economic policies and unreliable statistics in a report that President John Magufuli’s government blocked from publication ...
News Tanzania Economy: Tanzania Blocks IMF Report Release as Economic Growth Slows
Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes. Tanzania’s government declined to authorize the publication of the ...