TANZANIA’S leading private carrier, Precision Air, which has been unable to raise cash from the air markets for three consecutive years, faces the risk of running out of liquidity...
Economy
Business
Economy
Politics
Uncategorised
China lobbies to revive Bagamoyo Port construction previously halted by Magufuli
CHINA is lobbying to revive the construction of the Bagamoyo Port, a project that was previous ridiculed and halted by President John Magufuli, SAUTI KUBWA has learnt. Almost agreed...
MORE and more print media in Tanzania are facing tough economic times, with major media outlets expecting to either close business or jump to digital production as readers’ purchasing...
Business
Economy
Politics
Tanzania’s Precision Air to close business citing Corona effects, passenger scarcity
PRECISION Air, Tanzania’s leading private carrier, is facing prospects of shutting down business operations in the first quarter of 2021 if the prevailing economic crisis doesn’t change, SAUTI KUBWA...
Economy
Politics
Tanzania’s bureaucracy stalls pharmaceutical investment worth Euro 150 million for two years
WHILE the President of Tanzania, John Magufuli, recently insisted that an investment permit for foreigners seeking to invest in Tanzania must be OK-ed within 14 days, his government has...
Tanzania is losing nearly Shilling 690 billion ($300 million) in tax each year to international corporate tax abuse and private tax evasion, costing the country the equivalent of 135,577,...
TANZANIA inapoteza karibu shilingi bilioni 690 (dola 300 milioni) za kodi kila mwaka kutokana na kampuni kubwa na watu biafsi kulipa kodi kidogo au kukwepa kabisa. Hasara ambayo serikali...
By A Special Correspondent FORGET about Panama and Paradise Papers. Now it is Mauritius Leaks, which has revealed four – at least for now – Tanzanian companies that operate...
By A Special Correspondent FORGET about Panama and Paradise Papers. Now it is Mauritius Leaks, which has revealed four – at least for now – Tanzanian companies that operate...
Economy
Politics
Magufuli’s way of causing problems and proposing solutions explains his meeting with businessmen at Ikulu
THINKING his statement was going to resonate with the feelings of the poor majority in his country, Tanzania’s President John Magufuli said publicly in 2016 that he wished rich...