Friday 20 April 2018
(Ipp media 05/06/13)
The government has declared its position: the results of last year’s National Form Four examinations, which had seen an unprecedented 60 per cent of the candidates fail, must be reformulated. Fine, at least in that deciding one way or the other often points to more responsible leadership than does inaction, even if the take for most people may be that it is too little, too late. And we too feel compelled to make our views known. A minister of state in the Prime Minister’s announced the government’s decision in the National Assembly at the weekend, saying it was based on a preliminary report by a committee formed by Prime Minister Mizengo Pinda to investigate the circumstances of the debacle. The...
(The Arusha Times 05/06/13)
Credit reference bureaus offer financial institutions better protection against loan defaulters by providing them with credit information about borrowers. Dar es Salaam. The first licensed credit reference bureau, Dun and Bradstreet (D&B) Bureau Tanzania Limited, was launched on Friday, promising to boost financial stability and strengthen efforts of the banking sector. Credit reference bureaus offer financial institutions better protection against loan defaulters by providing them with credit information about borrowers. Financial institutions then aquire a better position to offer distinguished lending interest rates depending on the risk their respective borrowers have following the credit information. Speaking during the D&B consultative workshop held in the city on Friday, the bureau’s general manager Adebowale Atobatele said lenders should expect “the most comprehensive...
(The Citizen 05/03/13)
Dar es Salaam. Tax revenues, to be collected by Tanzania Revenue Authority (TRA) are expected to increase by 23.91 per cent during the 2013/2014 financial year, the taxman has said, raising hopes that the country is on the right path to economic independence. The TRA Commissioner General, Mr Harry Kitillya, said in Dar es Salaam on Tuesday that the tax body targets collecting Sh10 trillion in the 2013/2014 financial year. This represents a target of Sh1.93trillion or 23.91 per cent more than the Sh8.07trillion that the taxman is expected to garner in the current financial year. “Details on the collections’ breakdown will be announced by Finance minister (Dr William Mgimwa) when he tables the budget in parliament next month,” he...
(Reuters (Eng) 04/30/13)
Economic development researchers on Monday unveiled a database of China's aid to Africa in an effort to work around Beijing's secrecy about the numbers, as a debate rages over the intentions and impact of Chinese assistance. The study and database by the Washington-based Center for Global Development and AidData, a research project, includes 1,673 Chinese development finance projects worth $75 billion in 50 African countries from the years 2000-2011. The Chinese figures, using standard measures of Official Development Assistance (ODA) and Other Official Finance (OOF), are roughly on par with U.S. aid to Africa during the same period, the Center for Global Development said. While official ODA from Western countries and some major developing countries is openly reported and easily...
(The Citizen 04/24/13)
Dodoma. The National Social Security Fund (NSSF) is supporting private firms intending to invest in the textile sector in its bid to support value addition to farm products. Tabling his 2013/14 budget in Parliament on Monday, the minister for Agriculture, food security and Cooperatives, Eng Christopher Chiza, said under the programme, NSSF would be providing 60 per cent of the investment. “The ministry will continue to encourage and sensitise any company which wants to invest in the agriculture sector. We ask companies which would like to join this initiative to come now,” he said. Mr Chiza said the government has welcomed private people to invest in the Southern Agricultural Growth Corridor of Tanzania (SAGCOT). The programme aims at increasing production...
(The Citizen 04/24/13)
Dar es Salaam. A severe power shortage is looming here after the High Court ordered the seizure of Symbion Power Tanzania Limited’s Ubungo power plant last week over a $9 million (about Sh14.4 billion) fuel bill. The US-based power firm will pay the sum to Mogas Tanzania Limited, a local oil marketing company it contracted to supply oil for running its thermal power plant. Yesterday, Symbion lawyers were desperately trying to get the High Court to stop the attachment of its properties until another application it has filed is heard and determined. Symbion is one of three power companies the government contracted in the broader public-private partnership drive aimed at putting to an end the power shortages that have persisted...
(Reuters (Eng) 04/22/13)
African finance ministers told their rich nation counterparts at weekend meetings of the International Monetary Fund and World Bank to work harder and faster to kick-start their economies to avoid a prolonged slump that could undermine strong growth in the developing world. "We are concerned," Nigerian Finance Minister Ngozi Okonjo-Iweala said at the meetings of global finance leaders. "If we continue to see slow growth in the euro zone, which provides a large market for many African countries, and is coupled with a slowdown in emerging economies, then we will become more vulnerable," Okonjo-Iweala told a news conference of African finance ministers. "We need to insist that our partners in other parts of the world work harder and faster." Despite...
(Ipp media 04/18/13)
A flower industry stakeholder has appealed to the government to solve various hitches confronting the trade so as to compete with Kenya and Ethiopia. The challenge was given recently by one of the leading flower industry companies in the country-Mount Meru Flowers Limited. Its Chief Executive Officer Herwig Tretter said that the country could as well be in the list of the leading countries in the flower industry in the export of flowers if only the government could step in and streamline the business including finding the right markets. “Once the right target market is found, we can compete very well. We are calling the government to solve the problems that are facing the sector so as to instantly compete...
(Xinhuanet 04/16/13)
Plans are underway to introduce the use of biometric electoral system in Tanzania's 2015 general election, Tanzania's National Electoral Commission (NEC) said on Monday. NEC chairman Damian Lubuva said the decision to use the digital system has been taken by the government to make the voting process more secure and boost confidence in the accuracy of the results. "Yes, we intend to introduce the biometric electoral system," Lubuva said, when speaking at a news conference to welcome 17 delegates from the Zimbabwe Electoral Commission (ZEC) who are in Tanzania to exchange experiences on the electoral process. Kenya's Independent Electoral and Boundaries Commission (IEBC) introduced the system during elections held on March 4, but the system was replete with technical glitches...
(Reuters (Eng) 04/15/13)
Sub-Saharan Africa's economic growth should accelerate to more than 5 percent over the next three years, far outpacing the global average, but the region must do more to convert this into reducing poverty, the World Bank said on Monday. In its latest Africa's Pulse analysis of prospects for the region, the bank saw increased investment, high commodity prices and a pick-up in the global economy driving this expected growth surge in the world's poorest continent. It said foreign direct investment (FDI) inflows to Sub-Saharan Africa were projected to increase to record levels each year over the next three years, reaching $54 billion by 2015. This compared to $37.7 billion in 2012, a 5.5 percent increase in a year when FDI...
( 04/10/13)
The Africa Development Bank (AfDB) has launched a a multi-country and multi-partner project which seeks to increase food security and improve the income and living standards of small-holder farmers in the 20 African countries by improving the value chains of four important staple crops – maize, wheat, cassava and rice. The project targets to demonstrate by 2016, that it is possible to increase the yields of cassava, maize, rice and wheat by at least 20% on smallholders’ farms, increase the smallholder’s household cash income to $600 from the current $370 and increase food security by at least 20% to 84% from the present 73%. According to media statement from the implementing agency, International Institute of Tropical Agriculture (IITA), key stakeholders...
(The Malawi Democrat 04/02/13)
LILONGWE-President Joyce Banda has said that Malawi was giving up on mediation efforts and would take to the courts to settle a long dormant border dispute with Tanzania which has been re-activated by prospects of an oil find. “Our view is that we should eventually go to court. We should not waste time on this (mediation),” Banda told reporters in Lilongwe on Monday after returning from visits to the US and Britain. She said the mediation bid left to Mozambique’s ex-president Joachim Chissano in his capacity as head of a forum of retired leaders from the regional bloc SADC, was “compromised because information submitted by Malawi was leaked to Tanzania”. She accused the executive secretary of the forum, John Tesha,...
(In2 East Africa 04/02/13)
President Jakaya Kikwete has assured of the government’s resolve to sustain the nation’s peace and security irrespective of individual’s religious or political leanings. In his end of the month address to the nation, Mr Kikwete requested clerics to avoid inflammatory and misleading statements which could be harmful to national unity. “The government has never failed to protect its people and does not take sides. Isolated incidents of faith-related events that led to breach of peace are not connected or related to one another and all suspects are in police custody for questioning,” he said. He warned the clerics against generalisation of issues, giving an example of the controversy over the right to slaughter animals that resulted to the death of...
(Allafrica 04/02/13)
The death toll from the collapsed building in Dar es Salaam has reached 36 after four bodies and two heads were recovered as efforts to rescue survivors were halted on Monday. In the meantime, the 10-man team charged with the task of probing the accident starts its work today. The team would also advise the government on better ways of preventing such disasters in future. The team includes members from the Contractors Registration Board (CRB), Engineers Registration Board (ERB), Tanzania People's Defence Forces (TPDF) and the Regional Administration and Local Government Authorities (RALG). Dar es Salaam Regional Commissioner, Mr Said Meck Sadiki, said in the city that the rescue exercise had been called off after all the debris had been...
( 03/29/13)
DAR ES SALAAM — At least two people were confirmed dead after a building under construction collapsed Friday in Tanzania's economic capital of Dar es Salaam, police said. Dozens were feared trapped in rubble of the toppled building in an affluent area of the city as many people including children were working or playing nearby, witnesses said. "I thought there was an earthquake and then I heard screaming. The whole building fell on itself," witness Musa Mohamed told AFP. Residents were seen trying to rescue those trapped by digging through the rubble of the building, which was believed to have 16 floors. Dar es Salaam regional police chief Suleiman Kova said the rescue operation was "going well". "So far we...
(24 Tanzania 03/28/13)
New minimum wages which private employers will be obliged to pay their workers will be announced next month (April). In her inaugural address of a Trade Union Congress of Tanzania general council meeting, Minister for Labor and Employment, Gaudensia Kabaka said it’s been a long time since the statutory minimum wage was announced. “My ministry will announce the new minimum wage next month after consultations of sector boards which determine such wages,” Ms Kabaka said in Dar es Salaam. She said it took a long time to review the wages because of the need to increase the number of boards and sectors which normally sit and adjudicate such processes from eight to 12. She urged union leaders to be united...
(In2 East Africa 03/28/13)
Tanzania received 6,730,178 tourists between 2001 / 2002 and 2011 / 2012 seasons, bringing in total a revenue of 614,385,301,993/-, the Director General (DG) of Tanzania National Parks (TANAPA), Mr Allan Kijazi, has revealed. He said last year alone there were 945,794 tourists, who visited Tanzania, earning for the nation 109,372,608,221/- from the tourism industry in contrast to the previous year when a turn-over of 102,515,251,757/- was generated from 1,019,027 tourists. Mr Kijazi said a revenue earned last year from tourism was the highest so far compared to 15,748,972,000/- earned during 2001 / 2002 when the country received 345,796 visitors. During 2010 / 2011, a record number of visitors visited the country, he added. The DG also said that TANAPA...
(Reuters (Eng) 03/26/13)
"BRICS, Don't Carve Africa" reads a banner in a church hall in downtown Durban where civil society activists have gathered to cast a critical eye at a summit of five global emerging powers. The slogan evokes the 19th Century conference in Berlin where the predominant European colonial states carved up the African continent in a scramble historians see as epitomizing the brash exploitative capitalism of the time. Decades after Africans threw off the colonial yoke, it is the turn of the blossoming BRICS group of Brazil, Russia, China, India and South Africa to find their motives coming under scrutiny as they proclaim an altruistic-sounding "partnership for development, integration and industrialization" with Africa. Led by that giant of the emerging powers,...
(CNN 03/26/13)
(Financial Times) -- Chinese President Xi Jinping is expected to unveil a big port project in Tanzania during his first visit to Africa as head of state, highlighting China's growing infrastructure investments in the resource-rich continent. Chinese investment in and trade with Africa have soared over the past decade, with China's lending to developing country governments and companies surpassing that of the World Bank during certain periods. The visit to Tanzania is rich in symbolism because the Tanzania-Zambia railroad, built in the 1970s, was one of China's first major infrastructure projects in Africa. During his trip, Mr Xi is expected to sign several co-operation agreements with Tanzania, including plans for a $10bn port project in Bagamoyo, Philip Marmo, Tanzania's ambassador...
(Reuters (Eng) 03/26/13)
President Barack Obama hosts the leaders of four African nations this week, all of which are cited in a new report for effectively increasing spending on agriculture to combat extreme poverty and hunger. The report by the ONE Campaign, an anti-poverty group co-founded by Irish rockers Bono and Bob Geldof, said Senegal, Malawi, Cape Verde and Sierra Leone either met or were close to meeting targets for increased budget spending on agriculture. All of the countries, except Cape Verde where there is little data, are also on track or close to meeting a U.N. target of halving extreme poverty by 2015, the report said. The African leaders will visit the White House on Thursday to showcase their fledgling democracies, but...

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