In The Spotlight
PRESIDENT John Magufuli on Wednesday made a surprise visit to the maternity Ward of Muhimbili National Hospital (MNH) in Dar es Salaam where he saw congestion of mothers due to the shortage of beds caused by limited space.
THE Minister for Works, Transport and Communications, Professor Makame Mbarawa, has suspended the Finance Manager of Air Tanzania Company Limited (ATCL), Stephen Kasubi, pending investigations over dubious sales of air tickets, which have caused a loss of 715m/- to the ailing airline.
NEW University of Dar es Salaam (UDSM) Chancellor, former President Jakaya Kikwete has promised to work on challenges facing the higher learning institution, noting that it should continue to be the premier production line for future leaders.
GOLD mining company Acacia Mining is looking to go beyond Tanzania into Kenya and West Africa. Acacia CEO Brad Gordon told the 2016 Investing in African Mining Indaba that the company’s growth had stemmed from a focus on business fundamentals, people and relationships.
INCREASED exports of goods and services coupled with decline of imports narrowed the current account deficit by 44.2 per cent to 1,161.9 million US dollars in the first six months of the 2015/16 fiscal year compared to 2,081.1 million US dollars of the previous period.
TANZANIA shilling gains against the dollar with steady inflows of the greenback. According to CRDB financial and market highlights, the increasing demand from the energy and manufacturing sectors however, may put some pressure on the local currency in the near future. The shilling closed at the levels of 2153/2193.
A local investment company, VIP Engineering and Marketing Limited, has filed before the High Court in Dar es Salaam three reports implicating Standard Chartered Bank (SCB) of massive extraction of funds from Independent Power Tanzania Limited (IPTL).
THERE is an alternative lifestyle out there whereby people survive by moving from one location to another, depending on the changing weather conditions, water availability and livestock conditions or simply to honour their traditions.
THE Vodacom Premier League is finally getting to the best part of the game with the top clubs---league leaders, Young Africans, Azam FC and Simba firing in all cylinders in their quest to get to the apex of the league by the time the league winds up.
WE are living in a much competitive world today. Either we compete or we perish. That’s what executives in local manufacturing concerns should understand. They need to build strong corporate brands to position their firms well to penetrate the global market and compete with other brands.