Tanzania: Latest News
Dana Sanchez, 5:41 pm
The ActionAid report accused SABMiller of using SABMiller International BV to deprive African countries of substantial tax income through aggressive tax management policies.
Dana Sanchez, 2:44 pm
Sub-Saharan African will need more than $300 billion to achieve universal access to power by 2030, according to a report by the International Energy Agency.
Dana Sanchez, 11:36 am
U.S. and African officials plan to meet in August in Addis Ababa to assess trade growth. They should push to drop complex tariffs, needless checkpoints and other customs barriers that impede cross-border trade, an editorial suggests.
Staff, 11:00 am
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Dana Sanchez, 5:04 pm
Old Mutual, which started in South Africa more than 100 years ago, is building its operations on the continent as emerging markets contribute the bulk of the insurer’s earnings.
Makula Dunbar, 3:36 pm
In view of the official visit of the American President Barack Obama to Tanzania, there is a big demand for more international hotels to be established in strategic cities, including Dar es Salaam and Arusha which all play key role in hosting international visitors and high-profile personalities.
Dana Sanchez, 12:17 pm
Delonex plans to focus mainly on Ethiopia, Kenya, Uganda and Central Africa since the region is still in its early days of exploration, the company says.
Makula Dunbar, 12:13 pm
Sunday June 30 President Obama spoke at the University of Cape Town where he announced the U.S.’s pledge to support power sector stability across Africa.
Dana Sanchez, 10:36 am
Obama talked about the right things and settled questions about his administration’s commitment to Africa, said Tanzanian political columnist Jenerali Ulimwengu. But Ulimwengu cautioned Africans to watch out for their own interests as they accept more investment from the U.S., China and others.
Dana Sanchez, 2:46 pm
The return on investment in Africa is always very high, says Aliko Dangote, Africa’s richest billionaire. “You are talking about 30 percent and above. And I don’t really believe that anybody who is serious about business should miss out.”
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