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The IPO gamble: The odds seem stacked against investors

New Delhi, June 12 -- Of the 275 initial public offers (IPOs) in India since covid, 35% have delivered negative returns on their issue price. Compared to their listing price, which is the price at whi... Read More


Trump-Musk Row Ends: Trump Appreciates Musk's Apology Over Spending Bill Spat

WEB DESK, June 12 -- The recent online feud between US President Donald Trump and tech billionaire Elon Musk appears to have been resolved, as the White House confirmed that the President has acknowle... Read More


Tanzania to benefit from China's tariff-free trade initiative

CHINA, June 12 -- TANZANIA is set to benefit alongside 52 other African nations following Chinas announcement to eliminate customs duties on products imported from all African countries with diplomati... Read More


Economists hail SOEs' performance as catalyst for budget self-reliance

DAR ES SALAAM, June 12 -- ECONOMISTS have praised the rising dividends and contributions from State-Owned Enterprises (SOEs) as a crucial step toward Tanzanias financial self-reliance. They said that... Read More


High hopes for new budget

DODOMA, June 12 -- TANZANIANS expect a forward looking plan that promotes inclusive growth, economic stability and increased investment in sectors that directly impact citizens lives in 2025/26 budget... Read More


Ministry of Health to launch client service charter

DODOMA, June 12 -- THE Ministry of Health will soon launch a Client Service Charter aimed at enhancing healthcare service delivery nationwide, Minister Jenista Mhagama announced this week in Dodoma. ... Read More


TZ's tourism boom pays off

DAR ES SALAAM, June 12 -- THE countrys growing recognition on the global tourism stage has earned it the privilege of hosting the 32nd World Travel Awards (WTA) for Africa and the Indian Ocean region,... Read More


Apni Party Stages Protest Against Misuse of Authority and Administrative Injustice in Gulmarg-Kunzer Belt

Tangmarg, June 12 -- In a strong demonstration of public resentment and demand for accountability, Apni Party leaders, workers, and local residents staged a powerful protest in Tangmarg today against ... Read More


State budget collection up 24.5% in first five months

Hanoi, June 11 -- Total state budget collection in the first five months of 2025 was estimated to reach 1,139 trillion VND (43.76 billion USD), equivalent to 57.9% of the yearly estimate, representing... Read More


Indonesia aims for sugar self-sufficiency in three years

Surabaya, East Java, June 11 -- Indonesia's Agriculture Minister Andi Amran Sulaiman has called for achieving national sugar self-sufficiency within three years through deregulation, intensified sugar... Read More