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Showing posts from April, 2026

Weather forecast for the next 24 hours Date 30th Aprily 2026

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DSE Q1 2026 Financial Highlights

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  📊 DSE Q1 2026 Financial Highlights The Dar es Salaam Stock Exchange (DSE) recorded a strong performance for the quarter ended March 2026, with total revenue increasing by approximately 73% to TZS 6.81 billion, up from TZS 3.93 billion in Q1 2025, while profit after tax rose by about 78% to TZS 3.26 billion compared to TZS 1.83 billion in the same period last year. This growth was primarily driven by a significant rise in market activity, with equity turnover reaching TZS 571 billion in Q1 alone—about 86% of the full-year 2025 turnover of TZS 663 billion—alongside increased trading in both equity and bond markets. Additional contributions came from higher listing fees on Government securities due to increased issuance in 2026, transaction fees from the two listed Exchange Traded Funds (ETFs), and growth in other income streams including training services and Central Depository System (CSD) fees. Operating expenses increased to reach TZS 3.34 billion from TZS 2.01 billion, main...

BELARUS OFFERS BUSINESS OPPORTUNITIES TO TANZANIANS THROUGH TanTrade

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April 28, 2026 Dar es Salaam The Tanzania Trade Development Authority (TanTrade) has continued strengthening efforts to promote international trade after receiving a delegation from Belarus. The visit aimed to discuss opportunities for enhancing trade and investment cooperation between Tanzania and Belarus. Speaking on the available opportunities in Tanzania, TanTrade Director General, Dr. Latifa M. Khamis, highlighted that the country offers vast business potential across several sectors, including mining, agriculture, health, transport, and entertainment. On the Belarus side, the Director General of the National Export Promotion Centre, Mr. Mikalai Barysevich, noted that his country has made significant investments in industrial technologies, creating opportunities for Tanzania to benefit from advanced technology and expertise in these sectors. Furthermore, TanTrade used the occasion to invite Mr. Mikalai and business stakeholders from Belarus to participate in the 50th Dar es Salaam...

Weather forecast for the next 24 hours Date 28th Aprily 2026.

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PARLIAMENT APPROVES TZS 174.9 BILLION FOR THE MINISTRY OF MINERALS

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● Targets TZS 1.4 Trillion in Revenue Collection ● Collections Reach TZS 1.156 Trillion ● A Total of 23.8 Tonnes of Gold Collected in 18 Months ● Part of the Efforts by President Samia Suluhu Hassan Dodoma The Parliament of the United Republic of Tanzania has approved a budget of TZS 174.9 billion for the Ministry of Minerals for the 2026/2027 financial year, aimed at enabling the ministry to achieve a revenue target of TZS 1.4 trillion. Presenting the ministry’s revenue and expenditure estimates in Parliament on April 27, 2026, Minister for Minerals, Anthony Mavunde said the funds will facilitate the implementation of the ministry’s responsibilities and those of its affiliated institutions, while sustaining the growth momentum of the mining sector through expanded geoscientific research across the country. Breaking down the budget, Mavunde noted that TZS 71.5 billion (40.9 percent) has been allocated for development projects, while TZS 103.5 billion (59.1 percent) will cover recurrent...

CBE LAUNCHES “CBE GENDER DAY,” DELIVERS KEY MESSAGES ON GENDER EQUALITY

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The College of Business Education (CBE) has marked its Gender Day (CBE Gender Day) as part of advancing the agenda of gender equality and socio-economic development. The event was officiated by the Guest of Honor, Ms. Fatuma Abdallah, Chief Executive Officer of Energy’s, who emphasized that gender equality is not just about celebrations, but a fundamental pillar for economic development, quality decision-making, and institutional efficiency. She commended CBE for strengthening gender equality through policies and implementation, noting that despite ongoing efforts, women still face various workplace challenges, including gender-based violence and unequal opportunities. She further stated that since joining the organization in 2023, women made up only 6 percent of the workforce, but that number has now increased to 27 percent—demonstrating a strong commitment to enhancing women’s participation in the energy sector. In addition, Ms. Fatuma highlighted the close collaboration between Puma...

Mbeto: The World Has No Doubt About Tanzania’s Form of Democracy

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By Our Reporter, Zanzibar The ruling party, Chama Cha Mapinduzi (CCM), has expressed confidence that Tanzania practices a strong and exemplary form of democracy under its leadership, citing its inclusiveness, broad citizen participation, and unquestionable transparency. The party also stated that citizens’ criticism, contributions, ideas, and collective opinions are heard, implemented, and reflected within governance systems. These remarks were made by the Secretary of the Zanzibar NEC Special Committee, Department of Ideology, Publicity and Training, Khamis Mbeto Khamis, during a Union dialogue organized by State University of Zanzibar (SUZA) through the Sheikh Abeid Amani Karume Academic Chair. Mbeto praised the historic decision by the leaders of Tanganyika and Zanzibar to prioritize national interests by uniting citizens 62 years ago. He further noted that the strength of Tanzania’s democracy is rooted in the freedom and welfare of its people, emphasizing the wide space for critici...

Weather forecast for the next 24 hours Date 26th Aprily 2026

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GOVERNMENT STRENGTHENS TRANSPARENCY IN THE MINING SECTOR, DAILY REFERENCE PRICES TO BE ISSUED

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KAHAMA The Government, through the Mining Commission, has announced that it will continue issuing daily indicative prices for minerals such as gold, copper, and silver. These prices will be used in markets and mineral buying centers, a move aimed at enhancing transparency in the mineral trade and enabling miners to sell their minerals at true global market prices. While closing a training session for Managers and Chief Mine Inspectors involved in small-scale mining from the mineral-rich regions of Kahama, Mbogwe, and Shinyanga, the Director of Mineral Audit and Trade, CPA Venance Kasiki, said the price information will help miners make informed business decisions and avoid losses caused by middlemen commonly known as “vishoka.” He noted that in the past, some miners sold their minerals without knowing the actual global market prices, which led to loss of income and engagement in unfavorable contracts. He explained that with the current system of daily price updates, miners are now bett...

Government Strengthens Clean Energy and Rural Electrification, Citizens Benefit More

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Deputy Minister for Energy, Salome Makamba, has said that the Government continues to strengthen the use of clean cooking energy and expand access to electricity across the country as part of implementing the Ministry of Energy’s 2026/2027 budget. She made these remarks on April 23, 2026, in Parliament in Dodoma while responding to Members of Parliament following the presentation of the Ministry’s budget speech for the 2026/2027 fiscal year. While addressing the concerns, she noted that the President of the United Republic of Tanzania, Samia Suluhu Hassan, is a key champion of the clean cooking energy agenda, aiming to ensure that 80 percent of Tanzanians use clean cooking energy by 2034. She explained that usage has already increased from 6.9 percent in 2021 to over 28 percent currently, with these efforts focused on protecting the environment and improving public health. Furthermore, she stated that the Government has distributed more than 56.4 kilometers of natural gas pipelines, ov...

Weather forecast for the next 24 hours Date 24th Aprily 2026

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TANESCO Encourages the Use of Electric Vehicles to Cut Costs and Protect the Environment

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The Tanzania Electric Supply Company (TANESCO) continues to promote the use of clean energy across the country, including encouraging the adoption of electric vehicles as a modern and cost-effective transportation solution. With this type of vehicle, a user can consume 78 units of electricity for charging, costing approximately 27,768 Tanzanian shillings, and travel up to 605 kilometers. The company is urging citizens to switch to electric vehicles in order to reduce expenses and contribute to environmental conservation.

CHIEF MINE INSPECTORS URGED TO BE AMBASSADORS OF LEGAL MINERAL TRADE

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  📍KAHAMA The Government has called on Chief Mine Inspectors and Mine Managers across the country to act as ambassadors in enforcing mining laws and regulations, while demonstrating patriotism in the minerals trade in order to increase the sector’s contribution to the national economy. The call was made on April 24, 2026, in Kahama District, Shinyanga Region, by Mining Engineer Erasmina Massawe from the Directorate of Mineral Audit and Trade under the Mining Commission. She was speaking during a training session for managers and chief inspectors of small-scale mines, which brought together participants from mining regions including Kahama, Mbogwe, and Shinyanga. The training aimed at strengthening technical knowledge, improving mine management, ensuring compliance with mining laws and regulations, and promoting safe and sustainable mining practices. She noted that, in addition to enhancing safety in mining operations, the leaders must also be part of the Government’s strategies to...

PARLIAMENT PASSES THE 2026/2027 ENERGY MINISTRY BUDGET BY A LANDSLIDE

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📌 TZS 2.53 trillion approved 📌 Government to introduce TZS 27,000 electricity connection project in urban areas with rural characteristics 📌 2000 MW coal-powered electricity project underway The Parliament of the United Republic of Tanzania has overwhelmingly approved a budget of TZS 2.53 trillion for the Ministry of Energy for the 2026/2027 fiscal year. Out of the total amount, TZS 2.46 trillion (equivalent to 97.5%) has been allocated to development projects, while 2.5% will cover recurrent expenditures. While concluding the debate on the ministry’s revenue and expenditure estimates, the Minister of Energy, Deogratius Ndejembi, told Parliament that the ministry will continue to implement the vision of President Samia Suluhu Hassan, in line with the ruling party’s manifesto and the national Development Vision 2050. He emphasized that the ministry is committed to achieving its target of generating 8,000 megawatts of electricity by 2030, with a long-term goal of reaching 70,000 megaw...

Weather forecast for the next 24 hours Date 23rd Aprily 2026

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GOVERNMENT STRENGTHENS SUPPORT FOR SMALL-SCALE MINERS, EMPHASIZES MINE SAFETY

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📍KAHAMA The government has continued to emphasize the importance of empowering Chief Mine Inspectors and small-scale miners across the country in order to improve workplace safety, protect the environment, and increase the mining sector’s contribution to national economic growth. The call was made today, April 23, 2026, in Kahama District, Shinyanga Region, by the Director of Licensing Services at the Mining Commission, Engineer Aziza Swedi, while opening a training session for managers and Chief Mine Inspectors in the small-scale mining sector. She was representing the Executive Secretary of the Mining Commission, Engineer Ramadhani Lwamo. The training brings together participants from key mining regions including Kahama, Mbogwe, and Shinyanga, with the aim of strengthening technical knowledge, improving mine management, ensuring compliance with laws and regulations, and promoting safe and sustainable mining practices. Speaking at the event, Eng. Swedi said that Chief Mine Inspectors...

HESLB Partners with Tanzania Posts Corporation to Simplify Student Loan Applications

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The Higher Education Students' Loans Board (HESLB) has entered into a cooperation agreement with the Tanzania Posts Corporation aimed at simplifying student loan application services for youth across the country. Speaking during the signing ceremony held today, April 22, 2026, the Executive Director of HESLB, Dr. Bill Kiwia, said the partnership will help address various challenges students have been facing when applying for loans. He explained that post offices will be used to assist young applicants in filling out and submitting loan applications, verifying documents, and providing technical support to ensure they meet the required criteria. “Our goal is to ensure that no young person misses out on a loan due to technical challenges or lack of assistance in completing applications,” emphasized Dr. Kiwia. He added that since the establishment of the board, over nine trillion Tanzanian shillings have been disbursed as loans to more than one million beneficiaries, including undergra...

MINISTER NDEJEMBI PRESENTS THE 2026/27 ENERGY MINISTRY BUDGET IN PARLIAMENT

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📌 Says priority is to ensure reliable electricity supply nationwide 📌 Power generation capacity increases by 12.17 percent 📌 Increase attributed to completion of various power projects The Minister for Energy, Hon. Deogratius Ndejembi, has presented the revenue and expenditure estimates for the Ministry of Energy for the 2026/2027 financial year, outlining key priorities in the electricity sub-sector, including ensuring a reliable power supply to drive economic and social development. Presenting the budget speech on April 22, 2026, in Parliament in Dodoma, Minister Ndejembi stated that priorities include expanding electricity generation through nine turbines at the Julius Nyerere Hydropower Plant, completing subsequent phases of the Kishapu solar power project after the initial 50 megawatts were connected to the national grid, and implementing the Malagarasi hydropower project in Kigoma, which is expected to generate 49.5 megawatts. Speaking on achievements in power generation, Mini...

Weather forecast for the next 24 hours Date 21st Aprily 2026.

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Stakeholders Support OSHA on World Day for Safety and Health at Work

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By Our Reporter As part of commemorating the World Day for Safety and Health at Work, which will be nationally held in Njombe on April 28 this year, the Occupational Safety and Health Authority (OSHA) is set to conduct a special medical outreach clinic. The clinic, known as Imarisha Afya na Mama Samia, will involve health screenings for diseases such as cancer, hypertension, diabetes, women’s health conditions, eye problems, bone-related illnesses, and nutritional status. It will also provide medication to citizens who undergo health check-ups at the clinic, which will be held at Mji Mwema Primary School grounds in Njombe. This was revealed over the weekend by OSHA’s Chief Executive, Khadija Mwenda, while speaking to this publication in Dar es Salaam. She was receiving a donation from Planet Pharmaceutical Company based in Dar es Salaam and called on stakeholders to support the initiative for the benefit of citizens who will attend the clinic. Mwenda said that this year’s approach is m...

DSE Highlighted as a New Opportunity for Zanzibar Public Institutions

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The Office of the Registrar of the Treasury Zanzibar has urged public institutions and state-owned enterprises to adapt and take advantage of opportunities available at the Dar es Salaam Stock Exchange (DSE). This call was made over the weekend in Dar es Salaam during the signing of a three-year cooperation agreement between DSE and the Office of the Registrar of the Treasury Zanzibar. The agreement aims to build capacity, particularly in helping public institutions raise capital through the stock market. Registrar of the Treasury Zanzibar, Waheed Muhammad Sanya, said the agreement is a significant and beneficial step, noting that the process began in March and has now reached implementation stage. He emphasized that the office has multiple responsibilities, including overseeing public institutions and ensuring they operate efficiently. Speaking at the event, DSE Chief Business Officer Emmanuel Nyalali noted that the agreement will enhance participation of both institutions and citizen...

MINISTER NDEJEMBI INVITES MEMBERS OF PARLIAMENT TO VISIT THE JULIUS NYERERE HYDROPOWER PROJECT THROUGH DIGITAL EXPERIENCE

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📌 Invites MPs to witness the significant progress in electricity generation 📌 Part of the ongoing Energy Week exhibitions at Parliament in Dodoma The Minister for Energy, Hon. Deogratius Ndejembi, has invited Members of Parliament to visit the Julius Nyerere Hydropower Project, which generates a total of 2,115 megawatts of electricity, through a special virtual reality experience. Hon. Ndejembi made the remarks on April 20, 2026, while inspecting exhibition booths during the Energy Week event taking place at the Parliament grounds in Dodoma. The exhibition aims to showcase various activities carried out by institutions under the Ministry of Energy. “Through these exhibitions, Members of Parliament will have the opportunity to witness the various initiatives undertaken by the Ministry of Energy through its institutions. Even those who have never physically visited the Julius Nyerere Dam will be able to experience it through virtual reality technology and see the significant efforts be...

Weather forecast for the next 24 hours Date 19th Aprily 2026

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PRAY FOR THE PRESIDENT, PRAY FOR THE NATION – MASHILI

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Tanzanians have been encouraged to continue praying for the President of the United Republic of Tanzania, H.E. Dr. Samia Suluhu Hassan, so that she may have the peace of mind to lead the nation with harmony, love, and unity. This call was made today, April 19, 2026, by the Chief Executive Officer of MASHILI Company Limited, who is also the CEO of the Gold Processing Project (Matinje Mining, Msilale Mining, and Igurubi Mining), Mr. Peter Andrea Mashili. He made these remarks while attending the Inland Festival organized by the Africa Inland Church Tanzania (AIC) in Nzega District, Tabora Region. Mashili stated that President Dr. Samia is doing significant work in opening up the country and bringing development, and therefore it is the responsibility of citizens to pray for her so she can lead with wisdom and national unity. He also called on religious leaders and all residents of Nzega District to pray for the Member of Parliament for Nzega Urban Constituency, Hon. Hussein Bashe, so tha...

Equinor Visits Mtwara Port to Assess Readiness for LNG Project

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By Our Reporter Norwegian company Equinor, one of the firms expected to invest in the Liquefied Natural Gas (LNG) project, has conducted a visit to Mtwara Port to assess ongoing improvements aimed at preparing the port for the implementation of the strategic mega project. The project is expected to be implemented in the Lindi and Mtwara regions, with an estimated value exceeding TZS 100 trillion, making it one of the largest energy sector investments in the country. During the visit, Equinor representative Mr. Noel Cox, accompanied by a representative from the Tanzania Petroleum Development Corporation (TPDC), Mr. Asiad Mrutu, had the opportunity to observe firsthand the port’s readiness to receive and handle large cargo shipments required for the project. Presenting a report to the delegation, Acting Manager of Mtwara Port, Mr. Mtunze Sudi, stated that significant improvements carried out at the port have greatly enhanced its capacity and efficiency in handling large consignments. “We...

MARITIME TRANSPORT STAKEHOLDERS SHARE VIEWS ON IMPACT OF FUEL PRICE INCREASE

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By Our Reporter Stakeholders in the maritime transport sector in the regions of Mwanza, Kigoma, and Kagera on April 16, 2026, have come forward to express their views on the impact of rising fuel prices, emphasizing the need for appropriate measures to safeguard public interests and ensure the sustainability of the service. Speaking on behalf of the Director General of the Tanzania Shipping Agencies Corporation (TASAC), coordinators of the meetings stated that the sessions were organized to collect stakeholders’ opinions before any decision is made regarding adjustments to maritime transport fares. They added that the meetings were convened in accordance with Section 29 of the Tanzania Shipping Agencies Act, Cap 415, which requires TASAC to engage stakeholders in processes that call for public input. Speaking during a meeting held in Kagera Region, the Acting Regional Administrative Secretary (RAS), Mr. Isaya Tendega, commended TASAC for organizing the meetings at an appropriate time, ...

Weather forecast for the next 24 hours Date 17th Aprily 2026

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TANESCO DONATES ELECTRIC COOKING STOVES TO TEACHERS AT MANYARA GIRLS’ SECONDARY SCHOOL

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📌 Part of promoting the use of clean cooking energy through electricity 📌 Teachers thank TANESCO for the support and commend the organization’s efforts 📌 They pledge to become ambassadors for clean electric cooking energy By Our Reporter, Manyara In an effort to promote the use of clean cooking energy through electricity in Tanzania, the Managing Director of the Tanzania Electric Supply Company (TANESCO), Mr. Lazaro Twange, has donated more than 30 electric cooking stoves to teachers at Manyara Girls’ Secondary School as motivation for their dedication to work. Speaking on behalf of the Manyara Regional Commissioner, Hon. Queen Sendiga, the Simanjiro District Commissioner, Hon. Fakii Lulandala, commended TANESCO’s Managing Director, Mr. Lazaro Twange, for the initiative, noting that the donation aims to encourage the adoption of clean cooking energy using electricity. He stated that Mr. Twange is actively supporting the agenda of the President of the United Republic of Tanzania, H.E...

DEPUTY MINISTER WANU PRAISES HESLB FOR LOAN RECOVERY, DR. KIWIA INTRODUCES “KIDUCHU” CAMPAIGN

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The government has announced that the Higher Education Students’ Loans Board (HESLB) has successfully collected TZS 1.8 trillion from more than 400,000 beneficiaries over a period of three years. These beneficiaries had previously received higher education loans. This was revealed today in Dar es Salaam by the Deputy Minister for Education, Science and Technology, Wanu Ameir, during the launch of the “KIDUCHU” campaign, which aims to encourage loan beneficiaries to repay their loans gradually in small amounts. Wanu stated that the amount was collected between 2022 and 2025, representing 70 percent of the total due repayments. “For the 2025/2026 financial year, as of March 2026, a total of TZS 175 billion had been collected, with a target of reaching TZS 220 billion,” she said. She further noted that the KIDUCHU campaign, initiated by HESLB, is expected to help achieve a collection target of TZS 225 billion. “The KIDUCHU campaign is not a replacement for previous efforts, but rather a c...

Weather forecast for the next 24 hours Date 16th Aprily 2026

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