In The Spotlight
ALL contractors who are undertaking Rural Energy Agency (REA) phase II project have been paid and the work was progressing well, the National Assembly was told here yesterday.
MINISTRY of Works, Transport and Communication has reaffirmed its commitment to decongest Dar es Salaam city roads by constructing feeder and ring roads.
THE shilling has gone down by slightly over 30/- against the US dollar since the beginning of the year to yesterday. It stabilized in the last six weeks due to an increase in dollars inflow from exports which eased pressure on the local currency.
SEVENTEEN best manufacturers, out of 430, will be known next Tuesday at an occasion to be graced by President John Magufuli. The manufacturers are contesting in a ‘President’s Manufacturer of the Year Awards (PMAYA) 2015’ aimed at recognizing and appreciate the industrial sector’s important role in economic development.
ELEVEN years-old Juma Edward has already had a career as a miner. He dropped out of his third year of primary school to work at Nyarugusu gold mining after his father died and her mother was unable to provide for his basic needs.
WE are right now in the Parliamentary Budget sessions where different ministries take stock on what they did in the previous financial year and promise new progressive undertakings for the incoming year.
NATIONAL Microfinance Bank (NMB) has issued a three year 20bn/- retail bond. The bond initial public is running and expects to end in June before being listed at the Dar es Salaam Stock Exchange. NMB, a listed company, had two choices for raising the amount through a current status of the country capital market.