Zanzibar Minister Praises BoT, DIB for Handling FBME Liquidation Dar es Salaam, Tanzania – Dr. Saada Mkuya Salum, Zanzibar’s Minister of State, Finance, and Planning, has commended the Bank of Tanzania (BoT) and the Deposit Insurance Board (DIB) for their efforts in mitigating the impact on former customers of FBME Bank, which was closed in 2017. Speaking yesterday, July…
100africa.com Correspodent In the dynamic and often complex landscape of African socio-economic development, a few individuals emerge as transformative forces—applying intellect, passion, and purpose to shape a better future. Among these luminaries stands Dr. Jane Mpapalika, a distinguished economist and Senior Researcher at REPOA, Tanzania’s leading public policy think tank. For over a decade, Dr. Mpapalika has been a…
By Esther Mnyika, Dar es Salaam President Dr. Samia Suluhu Hassan is set to officially open the East African Commerce and Logistics Centre (EACLC) in Ubungo, Dar es Salaam, on August 1st of this year. This new hub, boasting over 2000 shops and occupying 75,000 square meters, is anticipated to significantly boost economic growth through trade and increase revenue,…
By Esther Mnyika, Dar es Salaam Vice President Dr. Philip Mpango has commended the Bank of Tanzania (BoT) and its experts for developing the Integrated Core Banking System (iCBS), a system meeting international standards yet developed at a significantly lower cost compared to international market prices. Speaking today, July 30, 2025, in Dar es Salaam during the official launch…
NAIROBI, Kenya – In just under three months, Nairobi will play host to a significant gathering of East African and international stakeholders at the East African Business and Investment Summit & Expo 2025. Set for October 16th and 17th, this event aims to put the private sector at the forefront of regional integration, with a keen eye on boosting…
Accountant Confidence Sees Modest Rebound After Year-Long Dip New data from the Q2 2025 Global Economic Conditions Survey (GECS), a joint report by ACCA (the Association of Chartered Certified Accountants) and IMA (Institute of Management Accountants), offers a comprehensive look into the evolving global economic landscape through the eyes of financial professionals. The survey, which gathered 420 responses between…
New East African Trade and Logistics Center Set to Transform Tanzania’s Economy Esther Mnyika Dar es Salaam, July 25, 2025 – Tanzania is on the cusp of a major economic transformation with the impending launch of the East African Community Logistics Center (EACLC). The grand opening, scheduled for August 2, will be graced by Her Excellency, President Dr. Samia…
NAIROBI | KAMPALA | DAR ES SALAAM – A high-value apiculture revolution is quietly underway in East Africa. Bee venom—scientifically known as apitoxin—is fast becoming a promising economic alternative for beekeepers in Kenya, Uganda, and Tanzania. Once overlooked, this potent substance is now attracting global demand from the pharmaceutical and cosmetic industries, offering a new path for rural prosperity….
By Staff Writer Kenya’s education sector finds itself at a critical inflection point. A recent statement by Treasury Cabinet Secretary Noah Mbadi—admitting the government’s inability to fund free education programs—has reignited national debate. University unions are threatening strikes, citing withheld funding, downsizing, and unmet obligations. But amidst this tension, a powerful and pragmatic voice has emerged. ng’ata, Governor of…
By Esther Mnyika IRINGA, July 23, 2025 — Tanzania Electric Supply Company Limited (TANESCO) Managing Director Lazaro Twange today urged project managers to ensure the Tanzania–Zambia (TAZA) power interconnection is completed on schedule, emphasizing that professional oversight and adherence to contractual timelines are critical to delivering reliable electricity to communities. During a two-day inspection tour of the TAZA project…