Geneva, Switzerland, 17 October 2011 – Recent shifts in the Arab world, coupled with an economic contraction at the global level, have created renewed urgency for decision-makers across the region to address the unfolding economic situation. Responding to this still-evolving landscape, the World Economic Forum will hold a Special Meeting on Economic Growth and Job Creation in the Arab…
Tanzania among the few nations prepared against hunger, but … Written by YAKOBE CHIWAMBO Friday, 14 October 2011 13:08 YAKOBE CHIWAMBO ALTHOUGH Tanzania has been identified as one of the few countries of the world which are relatively well prepared for the global triple crises of ‘climate change, depleted natural resources and skyrocketing food prices’ that could dwarf world’s…
Weak shilling: not so much of a losing game, BoT says Written by YAKOBE CHIWAMBO Friday, 14 October 2011 13:14 YAKOBE CHIWAMBO THE continuing weakening of the Tanzania shilling against the US dollar and other world currencies would be good news only if Tanzania was a major exporter, economic and other experts affirm. In the event, Tanzania imports far…
Tanzania: Airtel announced today that it will offer its BlackBerry customers a service waiver following a global outage attributed to the service provider Research in Motion. Research in Motion has now fully restored data services to its BlackBerry devices. The BlackBerry outage was caused by a hardware error which halted messaging and Web browsing across many parts of the…
Renaissance Capital: It has been downhill for the global economy since financial markets tumbled in August, while the West was on its summer holiday, on the back of economic data releases that revealed weaknesses in the economies of the West. Revisions to the US GDP numbers revealed that the 2008 recession was more severe than initially estimated and that…
Govt. reverses itself on subsidized maize prices Written by YAKOBE CHIWAMBO Friday, 26 August 2011 05:42 YAKOBE CHIWAMBO ONLY a few months after the Government in Dar intervened by selling maize to dealers and traders with the noble intention of bringing down the price of maize flour that had shot through the roof as a result of food shortages,…
Speaking at the British Chamber of Shipping, British Foreign Office Minister, Henry Bellingham, has outlined the UK’s ongoing commitment to tackle piracy off the coast of East Africa. Minister for Africa, Henry Bellingham said: “This government is 100% behind a more robust response to piracy. I am pleased to announce that a UK funded maritime intelligence and information coordination…
TOKYO, October 13, 2011 – Low- and middle-income countries in East Asia need to make their higher education systems more responsive to labor market demands and the economy as a whole to climb up the income ladder, says a new World Bank East Asia and Pacific Regional Report released today. Across the region, higher education institutions can realize their…
Wednesday, 12 October 2011: Next week, the second Bank M East African CSR Awards will officially open for entries. Companies from Burundi, Kenya, Rwanda,Tanzania and Uganda will be able to enter their corporate social responsibility (CSR) projects and programmes into the Awards on Tuesday, 18th October. Following the resounding success of the inaugural Bank M East African CSR Awards…