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…
Abu Dhabi, United Arab Emirates, 11 October 2011 – The world urgently needs to rebuild trust in leaders, in governance systems and among countries if the international community is to shape new models and collaborative approaches to solve global challenges, political leaders and policy experts stressed in the closing session of the World Economic Forum’s Summit on the Global…
Elly Kimbwereza: I live in a remote village promoting cultural tourism in the south Pare Mountains. These villages are fortunate that they have primary schools and Secondary Schools and many retired school teachers.The irony of it is that these highly educated people by Tanzania standards are passive and not showing any interest in tracking the distribution of budget resources.In…