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Private sector-friendly budget targets growth, jobs, industry

Dar es Salaam, June 17 -- TANZANIA S 2025/26 national budget, presented by Finance Minister Dr Mwigulu Nchemba last Thursday and aligned with President Samia Suluhu Hassans broader economic vision, in... Read More


Budget 2025/26: Eyeing impact on Tanzania capital markets

Dar es Salaam, June 17 -- TANZANIA through its Minister for Finance, Dr Mwigulu Nchemba (MP), announced its national budget for fiscal year 2025/26 on 12th June with a theme agreed by EAC Member State... Read More


Govt sets 30pc procurement quota for groups

ARUSHA, June 17 -- PROCUREMENT agencies have been directed to allocate 30 per cent of their annual procurement budgets to indigenous companies and special groups to promote inclusive economic growth. ... Read More


Sabasaba grounds set for major upgrade

DAR ES SALAAM, June 17 -- THE Tanzania Trade Development Authority (TanTrade) has embarked on a transformative initiative to redevelop the Mwalimu Julius Nyerere Grounds into a state-of-theart, intern... Read More


CTI backs budget, welcomes business reforms

DAR ES SALAAM, June 17 -- THE proposed budget signals a clear commitment to inclusive economic transformation through domestic resource mobilisation and strategic, resilient investment, the Confederat... Read More


NHC revenue up as housing sector recovers

DAR ES SALAAM, June 17 -- THE government investments over the past four years in the real estate sector through the state-owned National Housing Corporation (NHC) are beginning to pay off, with long-s... Read More


Samsung and IIT Madras sign MoU to drive AI-based research in healthcare

India, June 17 -- Samsung R&D Institute, Noida (SRI-N) has deepened its industry-academia engagement through a Memorandum of Understanding (MoU) with the Indian Institute of Technology Madras (IIT-M) ... Read More


Serum Institute of India partners with DNDi to advance development of new dengue treatment

India, June 17 -- Pune-based Serum Institute of India (SII), part of Cyrus Poonawalla Group, the world's largest vaccine manufacturer, and the not-for-profit medical research organization Drugs for Ne... Read More


Final Trade June 17: Markets End Lower Amid Geopolitical Tensions; Sensex Sheds 213 Points

India, June 17 -- Analysts suggest that geopolitical developments will remain a key overhang in the near term. While domestic fundamentals remain stable, global uncertainties, particularly around US-I... Read More


Shivo Towers breaks ground amid island-wide infrastructure surge

Unguja, June 17 --   With the sudden roar of heavy machinery cutting through the calm morning air in Paje, the long-anticipated construction of Shivo Towers officially began—signaling not j... Read More