Skip to main content

Posts

Showing posts from May, 2019

Mining windfall: Tanzania Reforms Brings First Most Expensive Diamond

By Special Correspondent, Nairobi HAD it not been for the reforms implemented in Tanzania’s mining sector, a small-scale miner, Joseph Tenela, could not have fetched more than TZS 3 billion (about $ 1.4m) from his discovery of a diamond weighing 512.15 Carats in Shinyanga Region. The current Tanzanian government has reduced several taxes and fees that were to be paid by the miners, established special mining stock markets for all gemstones and other mining, so that small dealers and miners like Joseph can no longer run to the dark markets. Speaking r3ecently on the development, the Deputy Minister for Minerals, Hon. Stanslaus Nyongo, confirmed the exceptional discovery that happened at the Maganzo mining area in Shinyanga. Under the new ‘mining stocks’ system, small-scale miners are especially compelled to openly trade their mineral findings on location through special exchanges, instead of selling them through perfidious underhand dealings as was the case for far t...

Magufuli's Magic: How Loss Making State Firms Now Turn Into Profitability in Tanzania

By Special Correspondents, Dar es Salaam and Nairobi  22 nd MAY, 2019: THE ongoing great transformations being made by the Fifth Phase Government under His Excellency John Pombe Magufuli in Tanzania are providing Africa with one of the greatest lessons on leadership and change for the rest of his willing peers to emulate. President Magufuli holding the dummy cheque for the TZS 2.1 dividend A number of once loss making and ailing national companies in Tanzania are now back to profitability. One such best practice is the Tanzania Telecommunication Company (TTCL). The company that was known for loss making for over 15 years in a row, last year, three years after President Magufuli started to reform the company, the firm declared its first ever profit score. “This company was making losses for 15 years. When we decided to implement a number of reforms; ranging from government’s intervention in dismantling the previous partnership with Bhart-Airtel, capitalizing t...

Muhimbili National Hospital; the Epitome of Health Reforms in Tanzania

 By Special Correspondent, Dar es Salaam 16, May, 2019: In his efforts to ensure the majority Tanzanians are receiving specialized and quality health services in the country, President John Magufuli of Tanzania, thrrough the Ministry of Health,   has transformed the National Referral Hospital, Muhimbili, in Dar es Salaam into one of East Africa’s hallmark of success in health delivery. New CT-Scan at Muhimbili Minister of Health, Ummy Mwalimu. President Magufuli who believes in the theory thus “ good health, quick development,” is accredited locally and internationally for implementing great reforms in various sectors in order to make Tanzania achieve the middle income economy status by 2025. In a report released recently, the government dished out a staggering TZS 27.9 billion to purchase equipment and improve building infrastructures at Muhimbili National Referral Hospital resulting into the following successes: #Infrastructure Development ...

Kenya's ex-President Daniel arap Moi ordered to pay for land grab

NAIROBI: A court in Kenya has ordered former President Daniel arap Moi to pay 1.06bn shillings ($10.5m; £8.2m) in compensation to a widow for illegally seizing her land. Mr Moi transferred to himself 53 acres of land belonging to widow Susan Cheburet Chelugui, the judge ruled. The land was illegally grabbed 36 years ago but only transferred to Mr Moi's name in 2007. Ms Chelugui's husband Noah Chelugui was a local chief during Mr Moi's rule. The former president, who remains Kenya's longest-serving leader, was accused by Ms Chelugui and her son David Chelugui of transferring their family land into his name two years after Ms Chelugui's husband passed away. Mr Moi is then said to have sold ...

Experts Hint on Why Tanzania Is Wary of China Merchant’s Bid on Bagamoyo Port

Staff Writers, Dar es Salaam and Lusaka Branded as a project that would turn the fishing small town of Bagamoyo into a “Dubai of Africa” the proposed Bagamoyo Port and its auxiliary industrial park and a satellite town has officially been suspended by the Government of reformist President John Magufuli. Announcing the decision in Dodoma this week, the Minister of Transport, Eng. Aloyce Kamwelwe, told the Parliament, that the government has suspended the talks however they would continue if China Merchant of Hong Kong, China would change some conditions.  In a quick rejoinder the opposition as well as ruling party MPs bragged into social media to condemn the decision accusing the government for what they cited as economic insensitivity.       “The Bagamoyo Project would attract multitudes of benefits to the people of Tanzania from employment, revenue to locating Tanzania as the logistics hub of Africa and the Dubai of Africa,” say Speaker of the Ho...