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SA mining industry sees a turnaround in financial performance amid a challenging operating environment

SA mining industry sees a turnaround in financial performance amid a challenging operating environment

2017 was another challenging year for South Africa’s mining industry in light of a decrease in dividends and market capitalisation, various retrenchments across the industry, and marginal increases in taxes paid. However, spot price increases for bulk commodities supported the industry and resulted in a return to profitability after the first substantial increase in revenues […]

Patoranking releases his massively anticipated single, Love You Die which features Diamond Platnumz

Patoranking releases his massively anticipated single, Love You Die which features Diamond Platnumz

Multi-Award winning Nigerian recording artist Patoranking has released his massively anticipated single, Love You Die which features East Africa’s own, Diamond Platnumz . Love You Die, produced by Master Garzy marks Patoranking’s first official single in 2017 after releasing his debut album GOE, a chart topping phenomenon which peaked at #4 on Billboard’s reggae Album […]

The End? Zari Drops Diamond’s Name from Daughter

The End? Zari Drops Diamond’s Name from Daughter

Tanzanian bongo star Diamond Platinumz and his wife Zari Hassan have once again given a clear indication that their marriage is on the rocks. This came after Zari commented that their daughter was no longer Latiffa Dangote but Latiffa Hassan. Diamond’s surname is Dangote. The socialite’s comment came amid speculations among fans that the two […]

President John Magufuli Meets Energy Experts From Ethiopia

President John Magufuli Meets Energy Experts From Ethiopia

President John Magufuli Wednesday met a delegation of electricity and dam construction experts from Ethiopia. The delegatation was sent by Ethiopia’s Prime Minister Hailemariam Desalegn on request from Tanzania, according to a statement from the State House released today. The team was led by Ethiopia’s water, irrigation and electricity minister, Dr Seleshi Bekele. According to […]

Milestone for Agriculture in East Africa

Milestone for Agriculture in East Africa

Agriculture will now be placed as number one engine of economic growth in the East African Community (EAC) integration process. This follows last week’s signing of the EAC Comprehensive Africa Agriculture Development Programme (CAADP) Compact. “The Compact is designed to facilitate coordination of regional and cross cutting programmes that complement agricultural programmes and projects at […]

Home Affairs Minister Mwigulu Nchemba Says No Room for Gays in Tanzania

Home Affairs Minister Mwigulu Nchemba Says No Room for Gays in Tanzania

The Minister for Home Affairs, Mr Mwigulu Nchemba, said yesterday that the government would arrest and take to court any person found campaigning for, or supporting homosexuality. The minister said all nongovernmental organizations (NGOs) that have been using human rights as a facade to campaign for homosexuality must find better things to do, or get […]

Accidents Top Subject in Zanzibar President Shein, Police Chief Sirro Discussion

Accidents Top Subject in Zanzibar President Shein, Police Chief Sirro Discussion

President Ali Mohamed Shein has expressed deep concern over the consistent increase in road accidents that claim several lives and maim many others, saying more should be done to minimise the problem. The sentiments featured in remarks he made at the State House yesterday, during a meeting with Inspector General of Police (IGP) Simon Sirro, […]

Uganda, Rwanda, Tanzania Link Project On Track

Uganda, Rwanda, Tanzania Link Project On Track

Three East African Community (EAC) member countries – Uganda, Rwanda and Tanzania – have unanimously agreed to hasten inter-connectivity of National Fiber Networks and Infrastructure for the benefit of the citizens in respective countries. The Permanent Secretary in the Ministry of ICT in Uganda, Mr Vincent Baggire, told the ‘Daily News’ in an interview in […]

It’s Time Africa Acted Over Its Wealth

It’s Time Africa Acted Over Its Wealth

That Africa needs to redress the huge gulf between its wealth and its poverty is a foregone conclusion. Statistics of outflows from Africa against inflows in everything from aid, foreign direct investment to remittances will boggle the mind. But you already know that. What Africa needs to do about it is another matter altogether. President […]

Mining Rot – Can Magufuli Shake the Dust Off Ruling Party?

Mining Rot – Can Magufuli Shake the Dust Off Ruling Party?

As Tanzanians grapple with what exactly to make of the findings of two presidential committees tasked with investigating the mineral concentrates saga, the spotlight is now on the pair of hands that are accused of signing the bad deals that have caused the Treasury shocking losses in potential revenue. That Tanzania has had a raw […]

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