GEITA, TANZANIA—-- Tanzania’s Geological Survey recently set aside 50 hectares of land in Geita Region, in North West Tanzania for small scale gold miners.
The miners should be pleased. This gives them an opportunity to seek out their fortune without...
KAMPALA, UGANDA – The actualization of the East African Monetary Union that will include having a common East African Currency can only be possible in 10 years after the protocol has been signed, a financial expert has said.
Dr. Adam...
Kampala Uganda - There is no doubt that Uganda has made big strides in Information and Communications Technology.
The sector has evolved greatly comparing to the previous years. Many telecommunication companies have been opened shop; projects like e-government have been...
KIGALI, RWANDA - Coffee exporters in Rwanda who get loans from the country’s Development Bank (BRD) will receive their credit in dollars rather than the local currency, the franc to avoid losses for both bank and its clients.
The Rwandan...
KIGALI, RWANDA - By all measures, 2012 will pass as a very successful year for Rwanda, at least on a business front.
In the year, there were more than a billion dollar investment projects registered, over 9000 new businesses and...
KAMPALA, UGANDA - The Uganda Red Cross Society (URCS) has equipped MV Kalangala ship with first aid supplies to enable the operators attends to any minor injuries and ailment of passengers on board.
MV Kalangala operates on Lake Victoria from...
DAR ES SALAAM, TANZANIA - The government has called for the need to look into the imbalances in the availability of advocates saying it denies Tanzanians access to legal services.
Speaking during the 47th graduation ceremony that admits legal professionals...
DAR ES SALAAM, Tanzania inflation has slightly dropped to 12.1% as of November from 12.9% that was recorded in October the previous month due to the decline in food prices and energy costs.
The National Bureau of Statistics (NBS),...
ARUSHA, TANZANIA - Kenya and Tanzania are set to benefit from the African Development Bank (AfDB) $300 million to finance a wide range of projects in local currencies across Africa.
The funds to be managed by the South African based...
DAR ES SALAAM, TANZANIA - The derailing Tanzania Zambia Railway Authority (TAZARA) has announced the purchase of six new Diesel Electric (DE) mainline locomotives from China.
Part of the acquisition also includes the re-commissioning of two out of four heavy...
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