Fortune favours African old Big Men

 

Former President Mzee Jomo Kenyatta. If in 1963 Kenyatta was among the very few outliers in terms of age in Africa, today he wouldn’t be. If African “democracies” like Ghana and Nigeria teach us anything, it is that electoral politics favours older presidents.

By Charles Onyango-Obbo

Summary

·         It seems that African voters are involved in very complex political arbitrage in electing older candidates in the majority of countries.

Rostam's Taifa mining acquires stake in Williamson Diamonds

 

By Alex Nelson Malanga 

Business journalist

Dar es Salaam. Petra Diamonds announced yesterday that it has entered into definitive transaction documents that give effect to the...

What is behind this hesitancy on the Songas contract?

 

Charles Makakala

                                                       




Summary

·         Tanzania requires $30 billion for power generation in the next 20 years, and this money could be better allocated to other development needs if companies like Songas are given the chance to invest in power generation while Tanesco focuses on transmission and distribution

CARTOONS

 

MultiChoice Tanzania scoops five awards at SDG’s business awards 2023

 

Business SDG Awards earned by MultiChoice Tanzania on the UN Global Compact Local Network Tanzania Annual Business SDG Awards 2023.

In September 2015, all 193 Mem­ber States of the United Nations adopted a plan for achieving a better future for all laying out a path over the next 15

Inside Tanzania's Sh3 trillion energy development plan

 

By Josephine Christopher

Josephine Christopher is a business reporter for The Citizen and Mwananchi newspapers.

Mwananchi Communications Limitted

Summary

·         Sh3.049 trillion budget for energy ministry for the fiscal year 2023/24 was in line with President Samia Suluhu Hassan’s goal of expanding electricity coverage, protecting the environment through the use of clean energy, protecting Tanzanians against volatile global petroleum prices and ensuring that Tanzanians benefit from its massive natural gas resources.

UN Rural development agency partners with Amundi to issue IFAD’s largest sustainable bond to date

T

Today the International Fund for Agricultural Development (IFAD) issued its largest private placement (€115 million) to Amundi Asset Management, to increase financing for