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Showing posts from March, 2019

Tanzania More Peaceful Nation than France, US and UK

By Staff Writer, New York 31-3-2019: TANZANIA remains East Africa’s most peaceful and calm nation than most of the developed world like France, the United States of America (USA) and the United Kingdom (UK), the report reveals. The Global Peace Index (GPI) 2018 report released this weekend by the Institute for Economic and Peace (IEP), shows Tanzania improved by ranking 51, gaining three positions from 54 in 2017. Four living Presidents of Tanzania The most powerful nation on earth, USA is ranked 121 st while the UK ranked 57, six positions behind Tanzania. The UK dropped 16 positions compared to its 2017 rank. The s tudy covers 163 independent nations and territories around the world. This is good news for most Tanzanians and Africa about the reality of their narrative compared to the Africa of the Western media. Tanzania is one of the top five countries in Africa whose economies is the fastest on the continent. The nation is a beacon of peace and harmony in...

What Does Markel’s Call to Magufuli Means In Modern Diplomacy?

The German Chancellor, Angela Merkel congratulated President John Magufuli of Tanzania for his great performance in attracting local and foreign investments through fighting corruption and constructing infrastructures to make Tanzania an industrial economy.  A statement issued by the state house in Dar es Salaam few days ago stated that President Magufuli’s efforts to build the national economy have also attracted Chancellor Merkel and his government to send a team of Germany investors to build the largest African fertiliser factory in Tanzania. Chancellor Merkel told President Magufuli via a phone call discussion on which she declared the much needed diplomatic support in that the government of Germany intends to support the government of Tanzania to build its economy through industrialisation process adding that the fertilizer factory to be constructed in the country will contribute much in the national economy.   Diplomatically the call is a major achiev...

Ghana ranked fourth happiest in Sub-Saharan Africa

Source: Graphic.com Date: 21-03-2019 Time: 02:03:11:pm Share Ghana has been ranked the fourth happiest country in Sub-Saharan Africa. The ranking contained in the World Happiness Report released by the Sustainable Development Solutions Network for the United Nations on March 20, saw Ghana improve her ranking to 99 from 108 (2018) in the global ranking of 156 countries. In the Sub-Saharan African ranking, Ghana placed fourth behind Mauritius (57), Nigeria (85) and Cameroon (96) in the top five which was completed by neighbours Ivory Coast (99). The ranking was computed based on an average of three years of surveys taken by Gallup between 2016 and 2018 and include factors such as gross domestic product, social support from friends and family, healthy life expectancy, freedom to make life choices, generosity, perceived corruption and recent emotions of citizens -- both happy and sad. The data “offer the world’s governments and individuals the opp...

'Israel-Ghana dance bridges' held in Accra

Source: Ghana| Myjoyonline.com Date: 21-03-2019 Time: 12:03:09:pm On Saturday, March 16, 2019, the Embassy of Israel climaxed its weeklong cultural dance festival, dubbed Israel-Ghana Dance Bridges Week with a stunning performance titled YE SI GESHER (We built a Bridge). This choreographic piece was the result of intense master class collaboration between Israeli Choreographer Oded Ronen, the Dance Students of the University of Ghana, the National Dance Company, the Great African Heritage Ensemble and the Ghana Dance Ensemble.

German Chancellor Promise To Support Tanzanian Industrialization Drive

By Staff Writer, Berlin, German The German Chancellor, Angela Merkel has congratulated President John Magufuli of Tanzania for his great performance in attracting local and foreign investments through fighting corruption and constructing infrastructures to make Tanzania an industrial economy. A statement issued here in Berlin and confirmed by State House in Dar es Salaam, stated that President Magufuli’s efforts to build the national economy have also attracted Chancellor Merkel and his government to send a team of Germany investors to build the largest African fertiliser factory in Tanzania. Chancellor Merkel told President Magufuli via a telephone discussion that the government of Germany intends to support the government of Tanzania to build its economy through industrialisation process adding that the fertilizer factory to be constructed in the country will contribute much in the national economy.   On his party, President Magufuli showed great apprecia...

Ghana and Benin eye bond sales on the same day

Nikou Asgari in London March 19, 2019   Benin and Ghana will test investors’ appetite for high-yielding but risky bets on frontier markets, as the neighbouring west African countries both sell bonds. Ghana, the second-largest exporter of cocoa beans , is returning to the bond market on Tuesday even as it battles a tumbling currency. Meanwhile, Benin has hired a trio of banks to sell its first ever debt denominated in euros. The two nations are heavily dependent on their agricultural sectors, and will be hoping to entice investors with juicy yields. A decade of low interest rates in the west has opened the global bond market to new emerging market borrowers as investors hunt for higher returns. With a population of 11m and a gross domestic product worth about $11bn a year, Benin will be one of the world’s smallest sovereign borrowers. Fitch rates Benin, one of Africa’s biggest cotton producers and cashew nut ...

Tanzania Launches East Africa’s First Gold Market Hub

By Special Correspondent, Nairobi 2019-03-18: TANZANIA’s mineral reforms under President John Magufuli have entrenched deep in history by launching the first East Africa’s Gold Exchange Centre, the third on the continent. The international gold exchange market in Geita region will increase gold revenues in a country that has been losing its rightful stake of the resource, is also intended to curb gold smuggling. This is another milestone to problem solving leadership of President John Magufuli who want to ensure that Tanzania benefits from its vast mineral wealth. The President himself convened a meeting on 22 January this year, the meeting that brought together both government officials and the private sector, where Dr. Magufuli sought answers on why  Tanzania is yet to see real benefits of its vast mineral wealth. “I would like to listen to you mining stakeholders and kindly speak openly,” President Magufuli told the stakeholders on that historic meeti...