Dar es Salaam, Tanzania – The Rural Energy Agency (REA) is making significant strides towards ensuring that 80% of Tanzanians use clean cooking energy by 2034, a key objective of the National Clean Cooking Energy Strategy. This commitment was reaffirmed by REA Director General, Engineer Hassan Saidy, at the 49th International Trade Fair (Sabasaba) in Dar es Salaam. Engineer…
Dar es Salaam, July 7, 2025 — In a bold push to promote clean cooking energy among Tanzanians, the Tanzania Electric Supply Company (TANESCO) has distributed free electric stoves to lucky visitors at its pavilion during the ongoing 49th Dar es Salaam International Trade Fair (DITF), popularly known as Sabasaba. Speaking to journalists today at the DITF grounds, TANESCO’s…
Saba Saba, meaning “Seven Seven” in Swahili, marks July 7 as a pivotal date in Kenya’s struggle for democracy. Its origins trace back to 1990 when opposition leaders, including Kenneth Matiba, Charles Rubia, and Jaramogi Oginga Odinga, called for a pro-democracy rally at Kamukunji Grounds in Nairobi. The detention of Matiba and Rubia without trial ignited nationwide protests, demanding…
DAR ES SALAAM, TANZANIA – July 6, 2025 – The recent Memorandum of Understanding (MOU) signed between the Tanzania Petroleum Development Corporation (TPDC) and Energetech-Tantel has ignited significant discussion among key stakeholders, promising to accelerate natural gas development and distribution across Tanzania. This pivotal agreement aims to firmly establish Tanzania as a regional energy hub and realize its gas…
Dar es Salaam, Tanzania – July 3, 2025 – In a powerful move signaling robust economic confidence, the Bank of Tanzania’s Monetary Policy Committee (MPC) today announced a significant reduction in the Central Bank Rate (CBR) by 25 basis points, bringing it down to 5.75 percent from 6.00 percent. This decision, effective for the July to September 2025 quarter,…
DAR ES SALAAM, TANZANIA – In a nation brimming with ambition and abundant natural resources, a new dawn is breaking over Tanzania’s energy landscape. A landmark Memorandum of Understanding (MOU) signed on July 2, 2025, between the Tanzania Petroleum Development Corporation (TPDC) and Energetech-Tantel isn’t just a business deal; it’s a profound commitment to reshape the country’s energy future,…
DAR ES SALAAM, TANZANIA – July 2, 2025 – A new chapter in Tanzania’s energy saga began today as the Tanzania Petroleum Development Corporation (TPDC) and Energetech-Tantel formally inked a groundbreaking Memorandum of Understanding (MOU). This pivotal alliance is poised to catapult Tanzania towards its destiny as a regional energy powerhouse and a thriving gas economy. The signing, a…
Dar es Salaam, Tanzania — July 1, 2025The Tanzania Association of Microfinance Institutions (TAMFI) is stepping into a defining role in transforming the country’s microfinance sector, following the Bank of Tanzania’s (BoT) launch of a far-reaching strategy to tackle predatory lending and improve consumer protection. Speaking yesterday in Dar es Salaam, BoT Governor Emanuel Tutuba announced that over 2,600…
Dar es Salaam, Tanzania —In a decisive move aimed at protecting low-income borrowers and fostering a more inclusive financial sector, the Bank of Tanzania (BoT) has unveiled a robust strategy to rein in harmful lending practices among the country’s microfinance institutions. Speaking today in Dar es Salaam, BoT Governor Emanuel Tutuba announced that all second-tier microfinance institutions—numbering over 2,600—are…
Dar es Salaam — In a bold move to strengthen financial security among Tanzanians, Equity Bank Tanzania has unveiled a new suite of insurance products during the 49th Dar es Salaam International Trade Fair (Sabasaba). The initiative responds to a fast-growing insurance market that still leaves millions unreached by practical, affordable coverage. Speaking at the exhibition, Joseph Makingi, Head…