Tag: US

Tanzanian businessman pushes to protect gas block interests

| April 24, 2015 | 0 Comments

Tanzanian businessman pushes to protect gas block interests Details Published on Thursday, 23 April 2015 00:59 Written by FAUSTINE KAPAMA Hits: 237 TANZANIAN businessman living in South Africa, Moto Matiko Mabanga, has opposed BG Group Plc engagement of Royal Dutch Shell Plc to take over the 70 billion US dollar deal that involves his interest […]

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Tigo launches bid to become biggest 4G network in Tanzania

| April 22, 2015 | 0 Comments

Millicom has launched a new 4G wireless network in Tanzania, offering Tigo customers high-speed internet for the first time. The network launches in the Masaki and Mlimani districts of Tanzania’s capital Dar Es Salaam. The high-speed network will extend to cover the city in full as well as the regional capitals of Arusha, Moshi, Dodoma, […]

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M-Pesa Clients Can Now Make Transfers Between Kenya and Tanzania

| April 9, 2015 | 0 Comments

By Lilian Mutegi Weeks after Vodafone which is Safaricom’s largest shareholder launched its first international money transfer corridor between Tanzania and Kenya through M-Pesa, Safaricom has now introduced cross boarder transfer for Tanzania and Kenya to carry out transactions through IMT Tanzania. With International Money Transfer (IMT), Safaricom subscribers will be able to send cash […]

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M-Pesa Clients Can Now Make Transfers Between Kenya and Tanzania

| April 9, 2015 | 0 Comments

By Lilian Mutegi Weeks after Vodafone which is Safaricom’s largest shareholder launched its first international money transfer corridor between Tanzania and Kenya through M-Pesa, Safaricom has now introduced cross boarder transfer for Tanzania and Kenya to carry out transactions through IMT Tanzania. With International Money Transfer (IMT), Safaricom subscribers will be able to send cash […]

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Super transit line work due June

| March 30, 2015 | 0 Comments

Super transit line work due June Details Published on Monday, 30 March 2015 04:56 Written by CHRISTOPHER MAJALIWA Hits: 367 Transport Minister Samuel Sitta. CONSTRUCTION of the 2,561-kilometre standard gauge railway that will ease transportation of goods from Dar es Salaam port to Rwanda, Burundi, Uganda and Democratic Republic of Congo (DRC) is scheduled to […]

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Construction of Natural Gas Pipeline Completed

| March 25, 2015 | 0 Comments

By Nelly Mtema AS the construction of the 542-kilometre natural gas pipeline from Mtwara to Dar es Salaam is completed by 100 per cent, the government will be saving 1.6tril/- annually from purchase of heavy oil for electricity generation. Speaking to reporters in Dar es Salaam on Tuesday, the Ministry of Energy and Minerals spokesperson, […]

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Tanzania Wood Carving Taxes Ending

| March 25, 2015 | 0 Comments

If you have ever been to Tanzania and bought a woodcarving from anyone, the chances are that you paid a large tourist tax on that woodcarving. This tourist tax has been placed on woodcarvings or curios and there was a minimum tax charged of about $37 US dollars, with some fees being much higher, while […]

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Construction of natural gas pipeline completed

| March 25, 2015 | 0 Comments

Construction of natural gas pipeline completed Details Published on Wednesday, 25 March 2015 00:49 Written by NELLY MTEMA Hits: 182 Ministry of Energy and Minerals spokesperson, Ms Badra Masoud AS the construction of the 542-kilometre natural gas pipeline from Mtwara to Dar es Salaam is completed by 100 per cent, the government will be saving […]

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Tanzania Not Alone in Battling Dollarisation

| March 23, 2015 | 0 Comments

editorial In a stern manner, the Tanzania government recently reminded the business community that all commercial transactions should be carried out in the local currency, the Tanzania Shilling. According to a senior finance ministry official, those who contravene this rule should be reported to responisble authorities for punitive action. He further added that dollarisation of […]

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Increased Mobile Connectivity Promises to Boost Economy

| March 22, 2015 | 0 Comments

By Masembe Tambwe EARLIER this year, music rang in the ears of the Tanzania Investment Centre and the Tanzania Revenue Authority (TRA) when Tigo Tanzania announced plans to spend 120 million US Dollars this year in expanding its network coverage and improving the quality of its services. The interim General Manager, Ms Cecile Tiano, told […]

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