Registrar cautions political parties over fuelling violence

Written by CHRISTOPHER MAJALIWA

THE Registrar of Political Parties, Justice Francis Mutungi, stresses a point during the opening of a two-day forum on strengthening multi-party democracy in the country which has been hosted by his office and supported by the United Nations Development Programme (UNDP) in Dar es Salaam. Left is UNDP Country Director, Mr Phillipe Poinsot. (Photo by Mohamed Mambo)

AS the country inches towards general election, Registrar of Political Parties, Francis Mutungi has urged all political parties to ensure that they refrain from enunciating confrontational remarks that will plunge the nation into violence.

Tanzanians urged to remain united

Written by DAILY NEWS Reporter in Songea

ZANZIBAR President, Dr Ali Mohamed Shein.

ZANZIBAR President, Dr Ali Mohamed Shein, condemned misguided individuals who use differences in religious, tribal, political ideologies and economic status to divide Tanzanians.

Dr Shein advised members of the public to ignore people bent on distorting the country’s unity for their own ends. He made the remarks at the inauguration of the Uhuru Torch Race at Maji Maji Stadium here. He stressed that such people should never be entertained if national unity is to be sustained.

Dar reduces donor dependency

Written by ALVAR MWAKYUSA

The Minister for Finance and Economic Affairs, Ms Saada Mkuya Salum.

FINANCE Minister Saada Mkuya Salum unveiled projections for revenue collections and expenditures for the 2015/2016 fiscal year in which the government seeks to trim donor dependency from 14.8 to 8.4 per cent.

Presenting the highlights to parliamentarians in Dar es Salaam, the minister said the government expects to receive 1.888trl/- from donors next financial year down from 2.941trl/- pledged by development partners this year.

Falling shilling should be propped up

Written by EDITOR

THE Bank of Tanzania (BoT) was again this week forced to intervene against a rapidly depreciating shilling. The local currency hit an all-time low at over 2,000/- against the United States dollar.

The central bank’s intervention has successfully contributed towards stabilising the shilling but, as experts argue, such a measure is only temporary.

Dar flyover tender opened in Tokyo

THE Minister for Works, Dr John Magufuli.

 

Written by BILHAM KIMATI

THE tender for construction of a flyover at Tazara area in Dar es Salaam was opened in Tokyo, Japan and the agreement leading to the implementation of the project will be signed on June 3, this year.

Speaking in Dar es Salaam at the occasion to lay a foundation stone for the improvement of the famous 5.31 km Uhuru Road, the Minister for Works, Dr John Magufuli, said that in the next few months Dar es Salaam would look different in terms of modern transportation infrastructure to ease traffic jams.

Kenya Backpedals On Closure of Somali Refugee Camp

 

Photo: Kate Holt/IRIN

Somalia refugees in Dadaab camp (file photo).

Nairobi — Kenya appears to have softened its stance on the imminent closure of a camp hosting more than a third of a million Somali refugees, weeks after the deputy president announced it would happen within three months, as he reacted to the massacre at Garissa University.

Shilling on deathbed as it falls to 2,000 figure

Counting dollars. Due to reduced confidence in the shilling, some investors have developed a preference for dollars, further weakening the local currency, for this tends to create an unnecessarily high demand for the greenback.PHOTO| FILE 

In Summary

• It is historical free fall in just four months
• After three consecutive months of steady decline, the shilling depreciated to a record low of Sh2,015 to the dollar in some bureaux de change yesterday, sending shock waves among importers as the Bank of Tanzania remained tight-lipped

Dar es Salaam. It is now obvious that the shilling is in a serious crisis because at no time in the past decade have Tanzanians witnessed a free fall of this magnitude of their currency.

Yesterday, the shilling depreciated to a record low, reaching a maximum of Sh2015 against the dollar in some bureaus de change, sending shock waves to importers as Bank of Tanzania (BoT) remained tight-lipped.