SSNIT justifies sale of stake in hotels to boost investments
By Paul Mamattah Director-General of Social Security and Investment Trust (SSNIT) Kofi Osafo-Marfo, has justified SSNIT’s decision to sell a 60% stake in each of its six hotels, which according…
Winning cases on foreign soil remains elusive for Attorney General Dame -floored by Eni
The saga of arbitration losses continues for Godfred Yeboah Dame, the Attorney General of Ghana. On Monday, the international tribunal adjudicating the case brought against Ghana for wrongfully unitizing an…
Asantehene warns NAPO over arrogant label
‘Don’t make Bawumia regret choosing you as running mate’ The Asantehene, Otumfuo Osei Tutu II, yesterday advised the yet-to-resign Energy Minister, Dr Matthew Opoku Prempeh, alias “NAPO”, to eschew his…
Tanzanian entrepreneur gets $40 million investment for his fintech
A fintech, NALA, founded by Tanzanian entrepreneur Benjamin Fernandes, has received a financial boost after it was announced on the US stock exchange NASDAQ
Zanzibar’s debt set to hit Sh4.6 trillion in five years
The opposition party ACT Wazalendo has raised concerns about Zanzibar’s escalating debt, predicting a potential surge of nearly 2400 percent following the unveiling of the 2024/2025 budget in June.
Italy at the heart of Zanzibar’s tourism boom
Zanzibar is experiencing an unprecedented boom in tourism, with July’s schedule showing over 409 flights landing on the island this month, far surpassing last year’s numbers.
Advancing clean cooking solutions both in Tanzania and beyond
In Tanzania, the ten-year national clean cooking strategy was launched, setting the bold ambition to achieve 80 percent household adoption by 2034.
Kerry Group eyes expansion in Tanzania’s food industry
Irish ingredients Kerry Group Company is poised to significantly bolster its investments in technology to enhance bakery and beverage production in Tanzania.
Tanzania insolvency agency set to liquidate defunct telecom firm
Th decision is meant to protect the rights of shareholders, partners, creditors and employees as well as ensuring that all government taxes and dues are duly paid