Tag: John Magufuli

Tanzania reaches middle income status

Tanzanian President John Magufuli yesterday tweets about the country’s World Bank middle income status; the Bank of Tanzania’s monthly review for May shows promise for exports and optimism for a speedy economic recovery post Covid-19. Bankable Partner, Ivan Tarimo joins CNBC Africa for more.

Op-Ed: Shot and stripped of his seat, Tanzania opposition MP Tundu Lissu keeps fighting

For three consecutive weeks leading up to 19 August 2017, police or intelligence agents allegedly followed opposition chief whip, and perennial thorn in the president’s side, Tundu Lissu wherever he went.

Tanzania urges banks to set up data centres or face fines

The Tanzanian Central Bank on Friday sent out a circular warning banks without local primary data centers, that they have a deadline of 3 months to set one up or face large fines – this comes at a time when the bank has a mandate by President John Magufuli to take action against failing financial institutions. Ivan Tarimo, founding Partner of Bankable Tanzania joins CNBC Africa for more.

Rufiji Hydropower project could be a game changer for Tanzania, here’s why

After months of planning and organising, the Rufiji Hydropower Plant Project in Tanzania has finally been launched by President John Magufuli. The project has finally been handed over to the winners of the tender to build it - JV Arab Contractors Company and Elsewedy Electric Company. It is expected to be a solution for the country's shortage of power, though it hasn't come without challenges. Kamanga Kapinga, of KW Kapinga & Partners joins CNBC Africa for more.

World Bank contradicts Tanzania’s rosier growth estimates, what you need to know

Tanzania’s economy expanded 5.2% in 2018, the World Bank said on Thursday, the second major report this year from a multilateral financial institution contradicting rosier government figures.

OpEd: What you need to know about Tanzania’s homosexual crackdown fallout

Dar es Salaam Regional Commissioner plans to set up a squad to hunt down and arrest gay people.

Tanzania’s President John Magufuli claims the ruling party will be “in power forever”, this is what the stats say…

His comments are reminiscent of those of former South African President Jacob Zuma when he said the ANC would rule “until Jesus comes”.

Tanzania’s Magufuli reshuffles cabinet, here’s a look at who stays and who goes

NAIROBI (Reuters) - Tanzanian President John Magufuli has reshuffled his cabinet and will swear in three new ministers on Monday, his office said, in a shake-up that included the sacking of the...