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…
By Esther Mnyika, Dar es SalaamDAR ES SALAAM, July 22, 2025 — The Tanzania Broadcasting Corporation (TBC), in partnership with the President’s Office – Regional Administration and Local Government (TAMISEMI) and the Ministry of Education, Science and Technology, today launched a nationwide essay competition to mark the 26th anniversary of the passing of the nation’s founding father, Mwalimu Julius Kambarage Nyerere. Speaking at a press briefing…
Dodoma, Tanzania – The Tanzania Electric Supply Company (TANESCO) has made history by recruiting 555 new employees in a single batch, a landmark move announced at the induction training launch for the new hires. The training, which officially began on July 21, 2025, at the Jakaya Kikwete Hall in Dodoma, was graced by the Chairman of the TANESCO Board…
Dodoma, Tanzania – Following the official launch of Tanzania’s National Development Vision 2050 by President Samia Suluhu Hassan in Dodoma, the Tanzania Commercial Bank (TCB) has swiftly pledged its full commitment to the ambitious plan. The vision aims to transform Tanzania into a modern, inclusive, and globally competitive economy, with a target GDP of USD 1 trillion and an…