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By TZ Business News Staff. Some 38,500 tones of Sulphur destined for Zambia, the largest single consignment of imported transit cargo in the history of Dar es Salaam port in Tanzania, is set to be offloaded and cleared within 10 days this September of 2021—a record clearing speed as Dar hightens competition with Kenya and…
By TZ Business News Staff. President Samia Suluhu Hassan of Tanzania has appealed to nations in the Southern African Development Community (SADC) to face rich nations as one single voice asking for debt forgiveness to help countries in the region deal with the economic pushback brought by the Covid-19 pandemic. President Samia made the call…
The ‘debarment’ renders Sargittarius Nigeria Limited and its affiliates ineligible to participate in Bank Group-financed projects for 18 Months. ABIDJAN, Ivory Coast, August 17, 2021, APO: The African Development Bank Group 17 August 2021, announced an 18-month long debarment of Sargittarius Nigeria Limited and its affiliates, including Sargittarius Henan Water Conservancy Engineering Limited, with…
By TZ Business News Staff and Agencies. The world is taking steps away from fossil fuels. The African Energy Chamber (AEC) in Johannesburg is however giving oil and gas majors a chance to explain why oil and gas should be integrated in the African energy mix instead of elimination. Explanations from three major players in…
By TZ Business News Staff. A special World Bank report has vouched for tourism in Tanzania as central to the country’s economic development if private-sector-driven. The report, titled Tanzania Economic Update: How to Transform Tourism into a More Sustainable, Resilient and Inclusive Sector, confirms the global Covid-19 pandemic has adversely affected Tanzania’s tourism sector, but…
