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US SENATE VOTES ON TRUMP'S 'BIG BEAUTIFUL BILL' AMIDST REPUBLICAN DIVISIONS

Sri Lanka, July 1 -- The US Senate is currently voting on US President Donald Trump's "Big Beautiful Bill." Foreign reports indicate a division among some Republican senators regarding how many welfa... Read More


Centre approves Employment Linked Incentive (ELI) Scheme

Jammu, July 1 -- Scheme to Enhance Job Creation, Employability and Social Security in all Sectors New Delhi, 01 JUL 2025:The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, hasapprov... Read More


Vikram Sahay promoted as Chief Commissioner of Income Tax

Srinagar, July 1 -- Vikram Sahay, a 1992-batch IRS officer currently serving as Principal Commissioner of Income Tax for Jammu & Kashmir and Ladakh since September 2024, has been promoted as Chief Com... Read More


Punjab Land Scam Unveiled: WWII-Era airstrip illegally sold by Mother-Son duo near Indo-Pak Border

Punjab, July 1 -- In a land scam of shocking proportions, a mother-son duo has been accused of fraudulently selling a World War II-era defence airstrip located in Fattuwala village, near the India-Pak... Read More


Kilifi County Speaker Hon. Teddy Mwambire Impeached in Landmark Vote

Kenya, July 1 -- Kilifi County speaker impeached. The Kilifi County Assembly has recently decided to remove its Speaker, Hon. Teddy Mwambire, in a big vote that showed most members wanted him gone. T... Read More


Tick size reforms revive stock volatility

Dar es Salaam, July 1 -- FOLLOWING a week of extraordinary activity, the Tanzanian equity market saw a predictable normalisation in turnover for the week ending June 27th, 2025. Total equity turnover... Read More


COLUMN: WEEKLY INVESTMENT TALK. Retained earnings and efficient asset allocation

Dar es Salaam, July 1 -- THE 2025/26 National Budget introduced a withholding tax of 10 per cent on companies retained earnings, which sent panic waves across all the country raising concerns on vario... Read More


COLUMN: TANZANIA TRENDS. SMART data: Tanzania's magnet for investors

Dar es Salaam, July 1 -- APROMISING country with massive growth potential but all youve got is last years budget speech, a PDF from the National Bureau of Statistics, and three PowerPoint presentation... Read More


Tanzania edges toward trade, industry recovery

Dar es Salaam, July 1 -- TANZANIAS trade and industrial sectors are showing strong signs of recovery, driven by improved business conditions and expanding market opportunities across the region and be... Read More


Tanzania's agro-economy sees sky-high growth in a decade

DODOMA, July 1 -- TANZANIA has made significant progress in the agriculture sector, particularly in food production over the past decade, President Samia Suluhu has revealed.  In the 2014/15 fin... Read More