Tanzania: Latest News
Dana Sanchez, 10:59 am
U.S. President Barack Obama’s visit to Senegal, South Africa and Tanzania starting Wednesday is expected to boost efforts to tap into the continent’s smaller, more fragmented markets, a report says.
Dana Sanchez, 5:55 pm
In 2011, U.S. exports to Africa were $21.1 billion, up 23 percent in one year. Top exports were machinery, vehicles and parts, non-crude oil, cereal and aircraft and parts. “Do you know someone working in one of those sectors? Are they finding growth like that elsewhere in the world?” asks investment adviser and blogger Jonathan Berman.
Dana Sanchez, 4:42 pm
Kenya, Uganda and Tanzania, “the cradle of the continent’s mobile-money revolution,” are adjusting their budget expenditures upwards, and they’re squeezing mobile operators to help pay for the spending, according to a report in The Economist. Kenya was first to tax mobile-money transfer systems, targeting some of the profits generated by M-PESA, a phone-based service operated […]
Makula Dunbar, 2:40 pm
Holding land deeds is rare in Tanzania. According to the NGO Concern, less than 10% of the population have formal certificates of ownership for the land they farm, making them vulnerable when investors begin sniffing around.
Dana Sanchez, 12:12 pm
The feeling on the street and among heads of state is that more U.S. investment would have helped provide jobs for Africa’s millions of unemployed young graduates, according to a report.
Makula Dunbar, 10:54 am
Though Kenya is often spotlighted as East Africa’s technology and innovation leader, a recent world bank report reveals the nation’s economic growth doesn’t measure up to its East African neighbors
Dana Sanchez, 10:15 am
Partnering to create the app are technology firm Business Connexion, which is listed on the Johannesburg Stock Exchange, and specialist recruitment company Conscript Africa.
Dana Sanchez, 3:22 pm
Of the 174,000 tons of cashew nuts exported from Tanzania in the 2011-2012 season, most were purchased raw, exported and processed abroad, mainly in India. Then the cashews were re-exported to other countries at a higher price, a report says.
Dana Sanchez, 1:48 pm
Local African communities are key stakeholders for conservation and they need real incentives, says Jeff Flocken, North American regional director for International Fund for Animal Welfare. Non-consumptive nature tourism, like wildlife viewing and photo safaris, is a much greater contributor than trophy hunting.
Dana Sanchez, 3:37 pm
Kenya’s traditional power distribution network is strained, and creation of biogas using waste materials will deliver a reliable source of power to drive economic growth, according to a report.
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