Sunday, April 23, 2023

Equity buys extra 6.6pc stake in DRC bank for Sh9.2bn

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Equity Group Executive Director, Mary Wamae, Group Board Chairman Isaac Macharia, Group MD and CEO, James Mwangi and Group Chief Operating Officer, Samuel Kirubi during the full year 2022 investor briefing. FILE PHOTO | POOL   

By PATRICK ALUSHULA More by this Author

Equity Group acquired an extra 6.6 percent stake in its subsidiary in the Democratic Republic of the Congo for Sh9.24 billion, underlining the lender’s quest to

KRA will allow used car importers to defer taxes

cars

Imported second-hand cars at the port of Mombasa on April 8, 2022. PHOTO | WACHIRA MWANGI | NMG    

By CONSTANT MUNDA More by this Author

Second-hand car dealers and individuals will soon be able to ship in vehicles and defer paying taxes for up to one year, boosting their cash flow positions in reforms that are

Morality and action over CAG report dominate Eid messages

 

Dar es Salaam.  Muslim clerics and the government issued messages demanding action over those implicated in the Controller and Auditor General (CAG) report as well as deteriorating ethics in society.

US embassy evacuated as Sudan fighting enters 2nd week

 

A man walks by destroyed vehicles outside the headquarter of the Rapid Support Forces (RSF) paramilitaries in southern Khartoum on April 19, 2023 amid fighting between Sudan's regular army and paramilitaries following the collapse of a 24-hour truce.

The US military has evacuated American embassy staff from Khartoum, President Joe Biden said Sunday, as fighting between the Sudanese army and a paramilitary group entered a second week following a brief lull.

Saturday, April 22, 2023

How to become a great team player

 

By 

Epiphania Kimaro

Summary

·         The social-know-how is the foundation for effective teamwork

Being a great team player is an important quality both at work and at home. Look at job advertisements – ‘we are looking for someone who can work in a team’, they would say. But what does it mean to be a great team player and how do we become one? Beyond having the skills and intentions to contribute to...

How AfCFTA can transform Africa’s agricultural sector

 

Tomato processing. African countries are increasingly seeking value addition in order to fetch better prices for agricultural produces. But a report says the agro-processing can bring value for money if the new trade pact is well exploited. PHOTO | COURTESY

By Louis Kalumbia


Summary

·         By 2030, intra-African agricultural trade is projected to increase by 574 percent if import tariffs are eliminated

Dar es Salaam. Agro-processing has important implications for economic growth, food security, job creation, and poverty reduction in Africa, according to a recent report by the ...

Global competition to drive domestic fintech startups


DAILY NEWS Reporter

TANZANIAN fintech startups have an opportunity to participate in the global open innovation competition, called Visa Everywhere Initiative (VEI) that...

President Samia joins Muslims in celebrating end of Ramadan


Esther Takwa

President Samia Suluhu Hassan has joined other Muslims for Eid El Fitri prayers at the

TR touts succession plan


MAUREEN ODUNGA

THE Treasurer Registrar (TR), Mr Nehemiah Mchechu has directed the boards and management of various public parastatal organisations to come up with

Strategic significance of the BRI and its benefits to African countries

THE main purpose of China’s Belt and Road Initiatives ‘‘BRI’’ is to achieve strategic connection, infrastructure interconnectivity, trade expansion, a wider use of local currency,

Tanzania aspires to become world’s minerals hub

Tanzania is determined to become a hub for production,  processing and exporting world’s  strategic minerals.

Tanzania announces over 20,000 teaching, health vacancies


Mariam Said

The Government has announced a total of 21,200 vacancies for education and health cadres.

 The application is open from Wednesday, April 12, 2023.

37.3bn/- set to expand national ICT backbone

NELLY MTEMA in Dodoma

TANZANIA Telecommunications Company Limited (TTCL) has signed a 37.3bn/- contract with Huawei Tanzania for the expansion of the...

Catholic bishops extol EACOP execution

DATIVA MINJA

TANZANIA Episcopal Conference (TEC) has commended and blessed the East African Crude Oil Pipeline (EACOP) project, saying that its implementation was vital and will

Tanzania, GIZ to mitigate human-wildlife conflicts


DAMIAN GOWELA

TANZANIA, through the Ministry of Natural Resources and Tourism (MNRT) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), on Thursday signed implementation agreement for a programme aimed at mitigating human-wildlife conflicts.

The signing marks the opening of the roadmap for the technical cooperation support to the Wildlife Division in the Ministry, on implementing the National Human-Wildlife Conflicts Management Strategy (NHWCMS).

The Wildlife Director, Dr Maurus Msuha, noted that the agreement seeks to support efforts by the government to implement a national strategy for the management of Human-Wildlife Conflict (HWC) in the country.

“This is a three-year project with funding amounting to six million Euros; the project will operate within the Selous Ecosystem, in the Southern Tanzania,” Dr Msuha explained

The signing of the agreement was held in Dar es Salaam by the Permanent Secretary in  the Ministry of Natural Resources and Tourism, Dr Hassan Abbas and GIZ Country Director for Tanzania and the East African Community (EAC), Dr Mike Falke.

Permanent Secretary in the Ministry of Tourism and Natural Resources, Dr Hassan Abbasi (right), and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Country Director for Tanzania and the East African Community, Dr Mike Falke (left), signing the implementation agreement for the program "Mitigation of Human-Wildlife Conflicts" at the Tanzania Tourist Board (TTB) headquarters in Dar es Salaam, witnessed by the Minister for Natural Resources and Tourism, Mohamed Mchengerwa, and the Ambassador of the Federal Republic of Germany, Regine Hess
Permanent Secretary in the Ministry of Tourism and Natural Resources, Dr Hassan Abbasi (right), and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Country Director for Tanzania and the East African Community, Dr Mike Falke (left), signing the implementation agreement for the program “Mitigation of Human-Wildlife Conflicts” at the Tanzania Tourist Board (TTB) headquarters in Dar es Salaam, witnessed by the Minister for Natural Resources and Tourism, Mohamed Mchengerwa, and the Ambassador of the Federal Republic of Germany, Regine Hess.

The project of HWC Mitigation is one of the programmes, resulting from the technical cooperation agreement between the governments of the Federal Republic of Germany and

USAID project secures giraffe population


EDWARD QORRO in Babati

A multi-billion conservation project is now paying dividends if the drop in number of

EAC eyes increased fisheries contribution in economy

DAILY NEWS Reporter

DEPUTY Minister for Livestock and Fisheries Mr David Silinde has appealed to member states of the Lake Victoria Fisheries Organisation (LVFO) to partner with

Health ministry announces 247 jobs


DAILY NEWS Reporter

THE Ministry of Health has announced 247 job vacancies for health personnel to

Safaricom retains position as most valuable brand in Kenya, E. Africa

Safaricom headquarters in Nairobi.

Safaricom headquarters in Nairobi. According to a new report by Brand Finance, Safaricom maintained its status as the most valuable brand in Kenya and the East African region. PHOTO | FILE | NMG

By JAMES ANYANZWA

Mobile telephony operator Safaricom has maintained its status as the

Tanzania, Australia firms sign $667m deal to mine rare earths

Tanzania mining site

A mining site in Tanzania. The country on April 17, 2023 signed contracts worth $667 million with three Australian companies to mine graphite and rare earths, in a move to boost the mining sector's contribution to its economy to at least 10 percent by 2025. PHOTO | FILE | NMG

By AFP

The Tanzanian government on Monday signed contracts worth $667 million with

Kenya's ICT bodies to deploy fibre optic cable in remote counties

fibre optic cable in nyeri

Workers lay a fibre optic cable in Nyeri County, Kenya. The country's communications and the ICT authorities are planning to roll out 100000 kilometres of last-mile fibre optic cable to 19 remote counties. PHOTO | JOSEPH KANYI | NMG

Workers lay a fibre optic cable in Nyeri County, Kenya. The country's communications and the ICT authorities are planning to roll out 100000 kilometres of last-mile fibre optic cable to 19 remote counties. PHOTO | JOSEPH KANYI | NMG.


By VINCENT OWINO

The Communications Authority of Kenya (CA) and the ICT Authority (ICTA) are

EAC secretariat to begin digitising imported goods tariffs

Workers at the Export Processing Zone in Athi River, Kenya.

Workers at the Export Processing Zone in Athi River, Kenya. A digitised Common External Tariffs will contain searchable functionalities by tariff code or generic product description with data extraction for statistical purposes as required by importers and exporters. PHOTO | FILE | NMG

By THE CITIZEN

The East African Community (EAC) secretariat has commenced the process of

Creative, chaotic: If AI takes over the world, what will Africa do?

An AI-generated portrait.

An AI-generated portrait. If AI is going to take over the world, what is Africa going to do to it? The future might just be exciting after all. PHOTO | MAO SIQIAN | XINHUA VIA AFP

By ELSIE EYAKUZE

At the beginning of the year, the company Open AI (haha, the irony!) allowed the

Namibia to honour genocide victims at German concentration camp

namibia slaves

An undated photo taken during the 1904-1908 war of Germany against Herero and Nama in Namibia shows a German soldier (R) supervising Namibian war prisoners. Germany on May 28, 2021 took a historic step by acknowledging that the massacre of Namibia's indigenous Herero and Nama peoples by colonial-era troops was an act of genocide. PHOTO | HANDOUT | NATIONAL ARCHIVES OF NAMIBIA VIA AFP

By AFP

Descendants of victims of genocide in Namibia will gather at the site of an infamous concentration camp this weekend to commemorate the killing of tens of thousands of