The Bank of Tanzania (BoT) has announced a series of new regulations aimed at enhancing the Islamic banking sector in the country, paving the way […]
Category: Business
Inside the Standoff Over Magufuli Bus Terminal: Why Operators and Passengers Are Avoiding It
The Magufuli Bus Terminal in Dar es Salaam has become the centre of a persistent standoff between the government and many intercity bus operators, who […]
TANZANIA: Government Directs Tax Authority to Improve Revenue Collection Systems
The government has directed the Tanzania Revenue Authority (TRA) to strengthen and improve its tax collection systems in order to boost government revenue and support […]
Historic Docking as Dar Welcomes Gas-Powered Vessel
In a significant milestone for Tanzania’s maritime industry, the port city of Dar es Salaam has welcomed its first-ever gas-powered vessel. The historic docking is […]
Kenya and Malaysia Strengthen Economic Ties Through Halal Industry, Palm Oil and Technology
Kenya is planning to strengthen its economic relationship with Malaysia by working together in key sectors such as the halal industry, palm oil, agro-processing, semiconductors, […]
Uganda on Track to Produce First Oil, Energy Ministry Says
The Ministry of Energy and Mineral Development has assured Ugandans that the country is on course to produce its first oil by the middle of […]
Nairobi Hosts Major Construction Expo as Kenya’s Building Sector Grows
More than 9,600 construction professionals gathered in Nairobi for the 8th edition of Big 5 Construct Kenya, showing strong growth in the country’s construction industry. […]
Tanzania Advances Oil and Gas Exploration with Phase Two of Eyasi–Wembere Project
Karatu, Tanzania — Tanzania has taken a significant step toward strengthening its long-term energy prospects with the launch of Phase Two of the Eyasi–Wembere oil […]
Safaricom Tops List of Most Profitable Kenyan Companies in 2025
Nairobi, Kenya – January 2, 2026 Companies in the banking, telecommunications, energy, and manufacturing sectors dominated the list of Kenya’s most profitable firms in 2025, […]
President Museveni Commissions Major Ethanol and Sugar Plants in Luwero, Boosting Jobs and Clean Energy
Luwero, Uganda – President Yoweri Kaguta Museveni has commissioned two major industrial projects in Luwero District, strengthening Uganda’s drive for agro-industrialisation, value addition, clean energy, […]