DODOMA: AS Tanzania prepares to launch the Development Vision 2050 in July this year, eight key focus areas have been...
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Friday, March 13, 2026
Eight priorities drive Vision 2050
TPDC: Over 2,500 households connected to gas pipeline

DODOMA: A TOTAL of 2,515 households has been connected to the natural gas pipeline network, according to...
Dar reinforces stand on human rights protection

GENEVA: TANZANIA is doubling down on its commitment to safeguarding human rights, backed by...
UK-based Kenyan engineer turns to public appeal to find love after painful heartbreak
Story by Hillary Lisimba
- Ken Jose Owino has a wonderful career as an engineer and a stable life in the UK, but love has repeatedly remained elusive
- With time moving and his recent relationship ending in heartbreak, he has chosen to go public in the search for his "missing rib"
- He shared a list of the qualities he's looking for in a woman, and is open to meeting someone with or without a child
Working long days at one of Kenya’s most ambitious infrastructure projects has brought professional fulfilment to 33-year-old engineer Ken Jose Owino.
But away from the construction site, the British-affiliated engineering professional admits his personal life has been far less... stable.
Jose, who works with GBM Engineering, told TUKO.co.ke that he is currently stationed at the High Grand Falls Dam project in Kitui County, part of ongoing development initiatives linked to international engineering firms.
Though his work often connects him to the United Kingdom, where the firm is affiliated, much of his time is now spent on the ground in Kenya overseeing project activities.
Despite building structures meant to last generations, Jose says his own search for a lasting relationship has proved more difficult.
After experiencing what he describes as a painful heartbreak, the engineer has chosen an unconventional route in the hope of meeting someone genuine.
“I was seriously heartbroken,” he shared. “That is why I decided to try this path, so that someone who is truly single and ready for a relationship can reach out.”
The 33-year-old says he is open-minded about who he hopes to meet. He is looking for a woman between the ages of 21 and 35 who is ready to settle down, regardless of tribe or profession.
Whether she is employed or self-employed does not matter to him, emphasising that he is open to meeting someone with a child or someone without children.
According to Jose, one of the challenges he has faced in relationships is the uncertainty around intentions when people meet through conventional means.
“Sometimes when we meet people ourselves, it feels like we might be forcing them into a relationship,” he explained. “I believe if someone reaches out willingly, then it starts from a genuine place.”
For now, Jose continues balancing his demanding engineering career with hopes of finding a life partner who shares his desire for stability, honesty and commitment.
As the project in Kitui County slowly takes shape, the engineer says he remains hopeful that, somewhere beyond the construction site, a meaningful connection might also be in the making.
He clarified that at the moment, he is in Kenya since the government terminated their tender in 2025 shortly after he was assigned there.
"They haven't revived or re-tendered to our company again, as negotiations are still ongoing. I might go back to the UK once I'm recalled there," he concluded.
Thursday, March 12, 2026
Trump eases sanctions on Russian oil amid price surge
President Putin presides over a meeting with ministers and energy company executives regarding the international energy crisis at the Kremlin Palace on the 9th. /EPA-Yonhap
Story by Lee Chul
As oil prices surge, the Trump administration has begun easing sanctions on Russian crude oil exports imposed in response to the...
Gold prices stall as investors turn to dollar hedge amid Iran conflicts Story by Quynh Trang
Gold prices have edged down as the war in the Middle East has caused investors to temporarily shift toward the dollar, though the long-term outlook for the metal remains optimistic, analysts said.
They are now in the US$5,000–5,100 range, down from $5,400 at the beginning of the attacks on Iran by the United States and Israel.
Gold prices stall as investors turn to dollar hedge amid Iran conflicts |
In this photo illustration, U.S. dollar banknotes and gold bars are seen in Ankara, Turkey on Jan. 29, 2021. Photo by Anadolu via AFP |
Huynh Trung Khanh, vice chairman of the Vietnam Gold Business Association, said the correction is temporary. Gold has...
Deutsche Bank bets on Hong Kong wealth boom as Asian billionaires look beyond US assets
Story by Themis Qi •
Hong Kong is becoming a focal point for Asian billionaires seeking to pivot away from US exposure, Deutsche Bank's private bank says
Deutsche Bank is seeking to capitalise on wealthy investors across mainland China, Hong Kong, Taiwan and the Philippines who are looking to diversify away from US assets, as it pushes ahead with ambitious expansion plans in the region.
Affluent investors from mainland China, Hong Kong, Taiwan and the Philippines - markets Deutsche Bank groups as "North Asia" - were becoming increasingly uneasy about their heavy exposure to US assets and were looking more closely at opportunities in Europe, according to Claudio de Sanctis, a member of the management board and head of Deutsche Bank's private bank.
The shift in asset allocation is creating growth opportunities for Deutsche Bank's private banking business, particularly in Hong Kong, which De Sanctis described as the region's most dynamic wealth management hub.
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"In the Asian region, I find there are exciting opportunities everywhere. But the most exciting momentum is here in Hong Kong," said De Sanctis in an interview with the South China Morning Post. "Hong Kong is definitely taking a leading position in terms of investment."
De Sanctis says affluent investors were becoming increasingly uneasy about their heavy exposure to US assets. Photo: Sun Yeung
Much of that growth is expected to come from Hong Kong and mainland China. Looking ahead, De Sanctis said the bank expected double-digit revenue growth, particularly from emerging markets in Asia, fuelled by a strategic pivot towards ultra-high-net-worth and family office clients.
Deutsche Bank's private banking division managed Euro685 billion (US$795.8 billion) in assets and reported Euro2.3 billion in profit before tax last year, increases of 8 per cent and 95 per cent, respectively, from a year ago.
The German lender overall reported a record net profit of Euro7.1 billion in 2025, driven largely by its global investment banking business.
Hong Kong has also been gaining traction as a wealth management hub for global billionaires. According to a February report by Deloitte, the number of single-family offices in the city rose by 681, or 25 per cent, to nearly 3,400 in the two years to the end of last year. Their origins span mainland China, Hong Kong, Europe, Asia-Pacific, the United States and the Middle East.
The Hong Kong government has been working to reinforce the city's position in wealth management.
Financial Secretary Paul Chan Mo-po said in his February 25 budget speech that authorities would expand the range of funds and asset classes eligible for tax incentives, as part of a plan to attract 220 additional family offices by 2028.
As interest in Hong Kong grows, Deutsche Bank is increasingly connecting Asian family offices and billionaires with European entrepreneurs seeking investment partners.
The trend mirrors a wave of Chinese acquisitions in Europe last year. E-commerce company JD.com agreed to acquire German electronics retailer Ceconomy in December, in a deal valuing the company at Euro2.2 billion, while home appliance manufacturer Midea completed the purchase of German rival Teka in April.
Despite stiff competition from other European wealth managers, De Sanctis said Deutsche Bank's long-standing presence in Europe provided an advantage.
The bank is also offering Asian billionaires institutional-style services for both their business and personal needs.
"The new generation of family offices in Asia is becoming more professional," De Sanctis said. "Particularly here in Hong Kong, the level of professionalism is extremely high."
"In addition, Chinese clients continue to favour liquidity, tactical flexibility, and capital-market products, especially as the mainland and Hong Kong markets have rebounded. They remain active in equities and structured products, while gradually adding semi-liquid alternatives," said De Sanctis.
With portfolio diversification likely to remain a dominant theme among wealthy investors, De Sanctis said the bank expected to deepen its investment in Hong Kong over the next two years.
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This article originally appeared on the South China Morning Post (www.scmp.com), the leading news media reporting on China and Asia.
Copyright (c) 2026. South China Morning Post Publishers Ltd. All rights reserved.
De Sanctis said Hong Kong and other North Asian markets were expected to account for the bulk of the private bank's planned 250 new hires globally over the next three years, a target announced last November that would expand front-office headcount in emerging markets by about 50 per cent.