Coverage of financial markets, economic policy, business activity, and trends affecting local and global economies.
Tanzanian conglomerate Amsons Group has signed an agreement to acquire Oryx Energies’ downstream oil business in Tanzania, in a major transaction that would expand…
The Tanzania Revenue Authority (TRA) collected Sh10.65 trillion in domestic revenue during the first three months of the 2026/27 financial year, exceeding its target…
Tanzania’s government is preparing measures to bring down cement prices within a week after Prime Minister Mwigulu Nchemba acknowledged growing complaints over the rising…
President Cyril Ramaphosa has launched the third phase of South Africa’s Government-Business Partnership, shifting the focus from economic reforms and stabilisation towards faster growth,…
Tanzania and the Democratic Republic of Congo have agreed to deepen economic and social cooperation, with trade, minerals, energy, transport and technology among priority…
Tanzania continues to offer cheaper petrol and diesel than Kenya, despite a reduction in the price of diesel announced by Kenya’s Energy and Petroleum…
Tanzanian-based Amsons Group is reportedly in advanced talks to acquire Oryx Energies in a deal estimated at around $250 million, a move that could…
Tanzanian businessman Edha Nahdi has urged African companies to stop relying on foreign donors and begin directly financing the continent’s development, warning that Africa…
Tanzanian billionaire Mohammed Dewji is planning a $50 million soft drinks plant in Mombasa, Kenya, in a move analysts say reflects shifting East African…
The International Monetary Fund (IMF) has reached a new agreement with Tanzania that could unlock $375.5 million in fresh funding as the East African…
