Tanzania’s Energy Ministry receives Sh1.15trn for development projects

The Ministry of Energy was authorised to utilise a total of Sh1.965 trillion for the 2025/26 financial year, of which Sh1.886 trillion, or 95.97 percent, was allocated for development projects, while Sh79.23 billion, or 4.03 percent, was designated for recurrent expenditure

The BizLens Reporter

Dodoma. The ministry of Energy has received Sh1.15 trillion for the...

Billionaire Tycoon Acquires Majority Stake in Nation Media Group, Ending Aga Khan’s 66-Year Ownership

Taifa Group Founder, Rostam Azizi, and Sultan Ali Allana, Director of the Aga Khan Fund for Economic Development (AKFED), sign transaction documents at Serena Hotel, Nairobi, on March 10, 2026. Following the signing, Taifa Group—through its affiliate Taarifa Ltd—acquired the entire shareholding previously held by AKFED in NPRT Holdings Africa Limited (NPRT), a Kenyan private limited liability company that holds the majority stake in Nation Media Group

 Nairobi, Kenya – The Aga Khan Fund for Economic Development S.A. (AKFED), the Swiss-based international development institution, announced on March 10, 2026, that it had entered into an agreement to sell its 100 per cent shareholding in NPRT Holdings Africa Limited to Taarifa Ltd, a company owned by Tanzanian billionaire Rostam Aziz.

Aga Khan Sells Nation Media Group to Tanzanian Tycoon

byMorgan Wanyonyi

 

The Aga Khan Fund for Economic Development (AKFED) has announced it is exiting its investment in Nation Media Group, ending a 66-year partnership with one of East Africa’s most influential media houses.

Tanzanian billionaire Rostam Aziz acquires Kenya's Nation Media Group from Aga Khan

 

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Rostam Aziz

Tanzanian billionaire Rostam Azizi has bought the Aga Khan Fund's controlling stake in Nation Media Group, ending a 66-year era.

Tanzania Expands Social Protection to Cover Informal Sector Workers

The government has unveiled a new Social Protection Policy aimed at extending social security coverage to millions of Tanzanians working in the...

IDRAS will not change tax laws, says TRA expert

 Heckton Chuwa

KILIMANJARO: THE newly established Integrated Domestic Revenue Administration System (IDRAS) by the...

Victory Attorneys Launch Tax and Finance

DAILY NEWS Reporter

DAR ES SALAAM: VICTORY Attorneys & Consultants has officially launched its Tax and Finance Department, marking a significant milestone in the...