25th May 10

WITH support of the United States, the East African Community (EAC) is upgrading its regional civil aviation with the aim of gaining Category One certification by the US Federal Aviation Agency (FAA) for
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18th May 10

Developers and tourists have increasingly found their way to scenic and sparsely populated northern Mozambique, but nearby top destination Tanzania could only be reached by a rough pirogue river crossing.
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11th May 10

Gas turbines would add at least 12 000 MW of electricity generation capacity in sub-Saharan Africa by 2014, according to growth consultancy firm Frost & Sullivan. The consultancy expects more than
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11th May 10

WHEN you throw out your takataka (junk) where does it go?  Sometimes it is collected, sometimes it rots on the roadside, and sometimes it is burned. Perhaps, a better question is where should it go? In
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3rd May 10

After years of slow growth and outright despair at whether broadband would ever take off on the African continent, research suggests that the market is inching ever closer to a tipping point, according
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3rd May 10

THE Canadian government has provided $47 million to Tanzania to support the country's efforts to achieve the objectives of its Health Sector Strategic Plan. The funds will help improve management and
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3rd May 10

One Laptop Per Child (OLPC), a nonprofit organization that sought to put $100 laptop computers in the hands of millions in developing countries, has announced a deal with the East African Community that
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3rd May 10

Standard Chartered has entered into an agreement to acquire Barclays PLC’s custody business in Tanzania and seven other African countrues. As part of the transaction, Standard Chartered Tanzania
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27th Apr 10

Toronto-listed Orca Exploration plans to raise daily natural gas production at the Songo Songo field in Tanzania by 60 percent by the end of 2012 amid growing domestic power demand, it said in a report. The
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27th Apr 10

DESPITE the resumption of limited flights in Europe, relief was still too remote last week for stranded travellers and piles of cut flowers awaiting transportation from Tanzania to various destinations. Icelandic
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27th Apr 10

Tanzania's economy grew by 7.1 percent in the third quarter of 2009 from the same period a year earlier, thanks to increases in output from all sectors except fishing, official data showed last week. The
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27th Apr 10

Zanzibar's rudimentary waste management and sanitation facilities are nowhere near keeping pace with the increase in the Tanzanian island's population, according to officials. "Our population is
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20th Apr 10

INDIA's Bharti Airtel Limited, which has offered around $10.7 billion for 15 of Kuwait-based Zain’s African units, is in talks with Tanzania’s government over its stake in Zain Tanzania. “Tanzania’s
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20th Apr 10

African farmers could have gained from a 3.5 percent average increase in world cotton prices, if the US had moved quickly to implement the recommendations of an international trade panel, a new study finds. The
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20th Apr 10

AUSTRALIA will help improve food security in eastern and southern Africa through a new $20 million program to substantially boost agricultural production and improve market opportunities for farmers, the
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20th Apr 10

THE Tanzania Tourist Board (TTB) has announced that Turkish Airlines will soon launch scheduled service from Istanbul to Dar es Salaam. The Turkish Airlines flights to Dar es Salaam are expected to
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20th Apr 10

WHEN the government ordered in January 2009 the termination of operations conducted in Tanzania by a DR Congo agency for maritime freight management, it meant business. But what has taken place since
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13th Apr 10

THE US-headquartered International Business Machines Corporation (IBM) has signed a collaboration agreement with the Tanzanian government aimed at supporting the adoption of information technologies
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13th Apr 10

The Tanzanian government plans to spend about 4.76 trillion Tanzanian shillings ($3.58 billion dollars) on special infrastructure projects annually from the 2010/2011 financial year, as part of an ambitious
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13th Apr 10

GERMAN Development Cooperation Minister Dirk Niebel has announced a commitment of 8.5 million euros to support a non-governmental international organisation, Population Services International (PSI), in
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6th Apr 10

TULLOW Oil said it will close down a well in Tanzania but continue drilling elsewhere in the East African country following "encouraging" signs of oil and gas. The Irish exploration company
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30th Mar 10

Kenya has welcomed the decision by the Convention on International Trade and Endangered Species to prevent Tanzania from selling part of its ivory stockpile.  The Kenyan government says putting ivory
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30th Mar 10

A 16-person strong tourism delegation from Tanzania participated for the fourth consecutive year in the New York Times Travel Show held recently at New York’s Jacob Javitz Center. The highlights
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30th Mar 10

Phoenix of Tanzania Assurance Company not only closed 2009 in the black but for the third consecutive year it posted increased shareholders’ equity, according to the firm’s General Manager
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23rd Mar 10

The Tanzania shilling should remain under pressure in the first half but will rebound towards the end of the year as it is lifted by export earnings from gold and other commodities, a Reuters poll showed
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23rd Mar 10

A study of bottlenose dolphins living off the coast of Zanzibar has found that the many tourist boats operating in the area are harassing the animals, preventing them from resting, feeding and nurturing
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23rd Mar 10

Tanzania's mobile market appears to have resumed strong levels of growth, following two consecutive quarters of poor growth, a new report has revealed. This was largely aided by the market-leading
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16th Mar 10

The East African Community (EAC) plans to significantly modernise its ailing railway systems as it looks for massive returns from the envisaged greater free trade area of eastern and southern Africa. According
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9th Mar 10

PARTNER states of the East African Community (E AC) will hold a two-day conference here next week with development partners to look into ways of revitalizing the dilapidated East African railways, once
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9th Mar 10

HOUSING for the Tanzanian population had seemed to be an industry perpetually in the thrall of the rich. But, now the situation is set change as the government plan to set up a new housing facility after
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9th Mar 10

Tanzania’s earnings from mineral exports last year amounted to $1,114.8 million compared to $995.5 million recorded in 2008, owing to an increase in sales of gold and other minerals, says a new report
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1st Mar 10

THE intended London initial public offering (IPO) of African Barrick Gold (ABG) presents a valuation puzzle. The company, as the name suggests, holds the African assets of Toronto-based Barrick Gold Corp.
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22nd Feb 10

The World Bank has called for monitoring on proliferation of allowances in the civil service, particularly in relation to the National Strategy for Growth and Reduction of Poverty (NSGRP), or MKUKUTA as
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22nd Feb 10

The Turkish president, Abdullah Gul, has said Turkey attaches importance to relations with Africa within the scope of strategic cooperation with Tanzania. Speaking at a joint news conference with President
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8th Feb 10

PARTICIPANTS at the fifth East African Community (EAC) parliamentary relations seminar, concluded in the Burundi capital Bujumbura last  week, have identified significant gaps that need to be addressed
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8th Feb 10

AS the country struggles to improve the quality of education and enrollment of students into primary and secondary schools countrywide, it has been revealed that textbooks worth 60bn/- have been laying
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8th Feb 10

COMAIR Limited, operator of British Airways in Southern Africa and kulula.com announced it will be expanding its African route network and will soon commence with scheduled flights from Johannesburg to
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1st Feb 10

THE International Finance Corporation (IFC), a member of the World Bank Group, has agreed to invest 6.2 million Canadian dollars in Helio Resources Corporation to support a gold exploration project that
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1st Feb 10

TECHNOSERVE, a US-based non-governmental organisation providing business solutions to poverty has announced a technology and business skills transfer initiative aimed at improving capabilities and performance
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1st Feb 10

TANZANIAN Royalty Exploration, a Toronto-listed metals explorer, has announced that China's Jinchuan Mining has agreed to become a partner in the firm's Kabanga nickel properties in northwestern Tanzania. Jinchuan
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26th Jan 10

SMALL and medium enterprises (SMEs) in Tanzania can now bet their growth on the $10bn  concessional credit that China is extending to African countries over the next three years. Finance and Economic
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26th Jan 10

OVER 70 villages in Tanga Region will benefit from a power supply improvement project to be undertaken by Tanzania Electricity Supply Company (TANESCO) under sponsorship of the Millennium Challenge Corporation
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25th Jan 10

INTRODUCTION of municipal bonds for enabling municipal councils to raise finance at the Dar es Salaam Stock Exchange (DSE) remains a tantalizing idea, THISDAY can confirm. According to DSE Chief Executive
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18th Jan 10

ADMINISTRATIONS of the five member countries of the East African Community (EAC) should refrain from protectionist inclination and guard their common commitment to the customs union that came into force
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18th Jan 10

THE mobile communications markets of Tanzania, Kenya, Uganda and Rwanda are in their growth stages. In 2008, Kenya enjoyed the highest number of active subscribers and revenues among the four countries.
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4th Jan 10

WHEN Tanzania opened up to foreign investments and loosened controls on domestic trade, Chinese merchants noticed another window of opportunity in this part of Africa. At that time on the Tanzanian side,
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28th Dec 09

Tanzania's export trade has weathered the global recession, with little adverse The figures show that Tanzania actually gained from the crisis in terms of international trade, in the wake of a decline
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21st Dec 09

HIGH-RISE buildings springing up in downtown Dar es Salaam have raised the concern of urban planning experts in view of the inadequate service infrastructure that should accompany the city’s renewal. A
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21st Dec 09

THE head of the European Union delegation to Tanzania, Tim Clarke, has given a damning assessment of the fight against corruption in the country, saying rampant graft has corroded the government and
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14th Dec 09

END-OF-YEAR effects have begun taking their toll on the Dar es Salaam Stock Exchange (DSE), triggering a high supply of shares for sale as demand nosedives, according to sources close to the market. “A
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7th Dec 09

With the perception that corruption in Tanzania is getting worse rather than better, donor governments are beginning to insist on greater transparency and effectiveness of public spending. Here, development
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30th Nov 09

DESPITE the upward trend prevailing in voluntary tax compliance, Tanzanian Revenue Authority (TRA) is faced with a chain of challenges which need to be tackled to ensure improvement in tax administration,
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30th Nov 09

THE government has pledged to ensure that coffee farmers get 75 per cent of the world prices for their produce. “By doing so it will motivate farmers to produce quality coffee as per government’s
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30th Nov 09

THE government has been urged to fast-track the development mechanism (CDM) project to help the Tanzania Electric Supply Company (TANESCO) solve power shortages in the country. The call has been made
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28th Nov 09

Kilimanjaro Regional Commissioner, Monica Mbega, has commended  the Tanzania Revenue Authority (TRA) for increased revenue collection. She made the commendation at the climax of this year’s
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28th Nov 09

The Dar es Salaam Stock Exchange (DSE) recorded a turnover of 44.56m/- from 44,069 shares traded in 54 deals on Thursday up from a total turnover of 13.23m/- recorded from 12,840 shares traded in 15 deals
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28th Nov 09

COVE Energy, the AIM quoted upstream oil and gas company, has received Tanzania government approval for its plans to farm-in to Artumas Group's Mnazi Bay production sharing concession. The deal was
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27th Nov 09

PRIVATE and public sector representatives involved in Economic Partnership Agreement (EPA) negotiations will meet for two days starting today in Arusha to discuss priority areas for the private sector
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27th Nov 09

ZAIN is streamlining operations in Tanzania, Kenya and Uganda and is modernizing its network to improve customer experience in the East African region. The move is aimed at improving the quality of services
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27th Nov 09

TANZANIA Chamber of Commerce, Industry and Agriculture (TCCIA) Investment Company has signed a trade pact with the joint business association of Comoro to facilitate agribusiness between the two countries. The
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26th Nov 09

THE Dar es Salaam Stock Exchange (DSE) has recorded a turnover of 13.23m/- from 12,840 shares traded in 15 deals. In the previous session a total of 146,956 shares worth  26.86m/-  were traded
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26th Nov 09

MX Resources  has reported an additional three potential zones of mineralisation intersected at the Ntaka and Lionja areas of the Nachingwea nickel sulphide JV project in Tanzania. The project is
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26th Nov 09

TANZANIAN Royalty announced a $3.14m  private placement comprising 1,155,835 shares through two European investment funds. Proceeds from the financing will be used to evaluate and develop the company’s
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25th Nov 09

THE Dar es Salaam Stock Exchange (DSE) has recorded a turnover of 26.86m/- from 146,956 shares traded in 26 deals. In the previous session a total of 5,794 shares worth 9.71m/- were traded in 11 deals. The
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25th Nov 09

AUSTRAL Africa Resources (ASX: AAF) has entered into a Binding Terms Sheet with Tanganyika Uranium Corp to acquire 100 per cent of the issued shares in the company. TUC, a private unlisted Canadian company,
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25th Nov 09

THE government has stated that it has enough food to cater for deficits in some regions of the country as it continues to buy food grains from the Southern Highlands regions. “Of course we are aware
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24th Nov 09

THE  Dar es Salaam Stock Exchange (DSE) has recorded a turnover of 9.71m/- from 5,794 shares traded in eleven deals. In the previous session a total of 4,322 shares worth 7.62m/- were traded in eight
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24th Nov 09

BERGEN Oilfield Services (BOS) has confirmed the award of two large frontier 3D surveys offshore Mozambique and Tanzania. "The award from Statoil is yet a strong confirmation of the excellence of
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23rd Nov 09

THE East Africa Business Council (EABC) has praised the East African Community heads of state upon the historical signing of the regional grouping's Common Market Protocol. In his memorandum to EAC heads
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23rd Nov 09

THE Dar es Salaam Community Bank (DCB) has posted a cumulative profit after income tax of 1.38bn/-during the year ended in September this year, slightly above than 1.04bn/- recorded during corresponding
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23rd Nov 09

THE private sector in Tanzania has been urged to invest in clean development mechanism (CDM) projects to increase income as well as assist in mitigating the impacts of climate change. The acting Executive
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21st Nov 09

TOBACCO production in the country has increased by 167 per cent from 22 million kilogrammes in 2000 to 59 million kilogrammes this year. Alliance One Tobacco Tanzania Ltd (AOTTL) Managing Director, Graham
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21st Nov 09

JW Currens, one of the best-kept secrets from the world of jewelry design, was recently commissioned by The Tanzanite Foundation to create a one-of-a-kind tanzanite, platinum and diamond ring. The piece's
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21st Nov 09

THE Dar es Salaam Stock Exchange (DSE) has recorded a turnover of 6.65m/- from 3,845 shares traded in 12 deals. In the previous session a total of 21,707 shares worth 37.93m/ were traded in 23 deals. TWIGA
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20th Nov 09

Precision Air will spend $5.5m to modernise its operations, it was disclosed yesterday. The money will be used to build a hangar at the Julius Nyerere International Airport (JNIA), a senior official
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20th Nov 09

THE Government has pledged more financial assistance to agencies dealing with statistics to work performance. The Permanent Secretary in Ministry of Finance and Economic Affairs, Ramadhan Khijah, made
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20th Nov 09

Zanzibar Chief Minister, Shamsi Vuai Nahodha,  has urged small-scale businesspersons to join hands with small and medium entrepreneurs to enable them compete effectively with African businesspeople. He
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18th Nov 09

FOR the first nine months of 2009, Zain Group recorded an impressive consolidated revenue of Kuwait Dinar 1.78bn ($6.169bn), an increase of 24 per cent compared to the first nine months of 2008. The company’s
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18th Nov 09

THE Dar es Salaam Stock Exchange (DSE) recorded a turnover of 33.02m/- from 19,446 shares traded in 23 deals. In the previous session a total of 4,095,753 shares worth 1.17bn/- were traded in 87 deals. The
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18th Nov 09

THE government has pledged to ensure that coffee farmers get 75 per cent of the world prices for their produce. “By doing so it will motivate farmers to produce quality coffee as per government’s
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