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16. UN, UNDP grant remote Dodoma village 150,000 USD to mitigate climate change
  Friday, November 20, 2015  by Admin
  The UNDP funded Solar Power Project has fed new hope to the remote village of Manchali, in Chamwino District, Dodoma Region.
Valued at USD 150 000, the project has benefitted over 600 families in Manchali village.
“The project aims at supporting vulnerable local communities to mitigate the effects of climate change through solar power solutions, new land use approaches and adopting modern water use technologies,” said the United Nations Resident Coordinator and UNDP Resident Representative, Alvaro Rodriguez.
 
17. TIB issues 19bn/- credit facility to KUC
  Tuesday, November 17, 2015  by Admin
  INVESTMENT plans initiated by Kilimanjaro Uchumi Company (KUC) got a shot in the arm, as Tanzania Investment Bank (TIB) has approved a 19bn/- credit facility.
 
18. Shilling gains after election fever
  Friday, November 13, 2015  by Admin
  With the elections fever, which played a big part in weakening the shilling last month, now over, the local unit has begun to stabilise against the US dollar with foreign exchange market players upbeat about its prospects in the near future.

When President Kikwete assumed power in 2005, the mean official exchange rate was 1,141.5/-. When he left State House to retire at his home village of Msoga around Chalinze in Coast Region on November 5, it had depreciated to 2,151.5/-.
 
19. Ex-president prefers local production to marketing
  Wednesday, November 11, 2015  by Admin
  RETIRED President Ali Hassan Mwinyi has advised the newly-launched Avic Shantui Construction Equipment Company Tanzania Limited to start up a manufacturing industry in the country instead of being a marketing point for the products only.
 
20. Fuel prices fall as Shilling revives
  Wednesday, November 11, 2015  by Admin
  Retail and wholesale prices for diesel and petrol went down significantly this week compared to last month due to what financial analysts believe is the revival of the Shilling value.

Retail price for petrol has decreased by Sh82 a litre representing a 33.91 per cent while diesel price went down by Sh51 per litre, a rate of 2.78 per cent respectively.
 
21. Prime Minister calls for beekeeping development
  Monday, November 02, 2015  by Admin
  Prime Minister Mizengo Pinda has called upon the newly launched Tanzania Beekeeping Development Organisation (TABEDO) to collaborate with private companies so as to push for the fast development of the sector.
 
22. Tanzania: Funds for climate change misused
  Monday, November 02, 2015  by Admin
  It has been established that not all funds that were disbursed for climate change did go directly go to address the issues that were aimed for. This information came in the work of the presentation ‘Tanzania: Disbursements of International Climate Finance, 2010 -2013”
 
23. Post-graduate courses in oil, gas set for unveiling
  Monday, November 02, 2015  by Admin
  The University of Dar es Salaam Business School (UDBS) shall next month inaugurate an oil and gas course for the master of finance and accounting class, a post-graduate program.
 
24. Poverty on steady decline - Report
  Thursday, October 30, 2014  by Admin
  FINANCE Minister Saada Mkuya Salum unveiled the 2011/2012 Household Budget Survey Main Report for Tanzania Mainland which, among others, showed that basic needs poverty has declined from 34.4 per cent in 2007 to 28.2 per cent during 2011/2012.
 
25. National GDP grows by 6.9 per cent
  Monday, October 06, 2014  by Admin
  THE country’s national gross domestic product (GDP) grew by 6.9 percent in the second quarter of this year with an increased expansion in agriculture and wholesale and retail trade, the National Bureau of Statistics (NBS) has said.
 
26. Poverty defies economic gains, JK tells USAID forum
  Monday, September 22, 2014  by Admin
  President Jakaya Kikwete has said that African countries will not be able to meet the Millennium Development Goals target of halving extreme poverty below the 1990 baseline by 2015 because poverty reduction has not been correspondingly impressive, despite economic gains.
 
27. Major conference emphasizes human capital development as basis for sustainable growth
  Monday, September 15, 2014  by Admin
  Opened by President Jakaya Kikwete, the Executive Director of Economic and Social Research Foundation (ESRF) third national conference resolved that, Tanzania must focus on human capital development if it is to attain real and sustainable development.
 
28. JK challenges economic researchers on attaining Vision 2025
  Monday, September 15, 2014  by Admin
  President Jakaya Kikwete has challenged economic researchers to help the government take correct and appropriate measures so as to realise its Vision 2025, which aim at making Tanzania a middle income economy.
 
29. Economy grows by 7.4 pct in three months this year
  Monday, September 15, 2014  by Admin
  The economy grew by 7.4 percent in the first quarter – January through March this year- up by 0.3 percent, the National Bureau of Statistics (NBS) has said. The rate is also higher than what the International Monetary Fund (IMF) projected last year.
 
30. Hai unveils 674.7m/- developmental projects
  Monday, August 25, 2014  by Admin
  HAI District has unveiled six projects meant to address various socio-economic issues at a cost of 674.7m/-. The projects, funded by different stakeholders, include a new main stand in Hai Town, modern X-ray services, a milk collection centre, three classrooms building, a modern secondary school laboratory and a dining hall for students at a total cost of 674,675,231/38.
 

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