Reasons for depreciation of the Tanzania shilling stated Written by Yakobe Chiwambo Friday, 08 July 2011 05:28 ECONOMISTS say there are many reasons why the Tanzania shilling has been depreciating relentlessly over the past four years as indicated in recent Delloitte&Touche report on the East African economies.According to economists who spoke to Business Times at the 35th Dar es…
Tanzania: experts question reliance on foreign investors for economic growth Written by YAKOBE CHIWAMBO Friday, 15 July 2011 05:16 TANZANIA’S economy is projected to see strong real growth in the next two years, growing at 6.5 per cent in 2011 – and 6.6 per cent in 2012. Apparently, the growth is driven by foreign investments. However, local economists have…
sexual child abuse still a major challenge AS it has several times been reported in the media especially at local level, it is evident that child sexual abuse is among the challenges that face children in Tanzania. Bearing in mind that last month, it was World’s Child Day, Business Times reporter YAKOBE CHIWAMBO, held an interview with Director for…
More needs to be done to fight children sexual abuse YAKOBE CHIWAMBO Unlike other types of abuses like physical or psychological torment, child sexual abuse in most cases happens secretly. This makes it difficult for culprits to be made answerable. In the first place, it is difficult to find data about children sexual abuse. Children exposed to being abused…
By correspondent Ernest C. Ambali. Believe this and you will rise to success!! Forsake it, you will fall into the gaping abyss!!. That is: you must have a strong, positive vision of success – and you will succeed. You will not need Albino’s body parts or a chain talisman. In other words, there is nothing like luck. You create…
By Correspondent Ernest C. Ambali “It is the customer who has the power to change the profit or loss figures in an annual report. Only by listening to the customer can one hope to make a solid, lasting and profitable change in business. “By focusing on the customer, one is really concentrating on serving and satisfying the customer’s needs….
By ERNEST C. AMBALI 1. The world has nothing for nothing The dollar on the road you picked Is something for something. Had you not to the road walked You would have had nothing for nothing. 2. The world has nothing for nothing. Even charity given to the needy Is not something for nothing. Had the giver not seen…
By Correspondent Ernest C. Ambali The Tanzania Investment Bank (TIB) is now assured of nearing to its envisioned zenith—“to be the premier development bank that promotes economic growth by offering complete financing solutions to clients”. The assurance follows the recent one billion/- in the National Assembly meeting in Dodoma by the Deputy Minister for Finance and Economic Affairs, Mr…
By Correspondent Ernest C. Ambali The commanding colour of the CRDB Bank, the bank that listens, is green. Those who are educated in colour significance as given by Dr. Marx Lüscher in his book, “The Lüscher Colour Test”, this colour means “self-preservation”. Writing in short on the origin of colour significance, Lüscher who was Professor of Psychology at Basle…
SPECIROZA JOSEPH What can one do with Tsh 20,000? The amount is just a peanut but for Zahrouk Khalfan Ahmed, a mother of three – two boys and a girl; it was all she had, when she started her business venture. She says Rocky’s Products, a food processing firm at Kariakoo, was born out of that little cash a…