Alawi Masare

Dar es Salaam, Tanzania

Business Reporter at The Citizen (Tanzania)

Business Reporter @TheCitizenTZ. Writing down the night, reaching for the moon.#AvidReader Financial Statement analysis. Tweets are my own opinion.

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Articles

Tanzania’s gas-to-liquid plan gets fresh impetus

2 months ago | thecitizen.co.tz | Alawi Masare

Dar es Salaam. Tanzania is accelerating its efforts toward generating diesel and jet fuel using natural gas as investors are now moving ahead to conduct a feasibility study before building a processing plant. Canadian company Rocky Mountain GTL, in collaboration with its African partner Memnon Africa and local associate Rithi Tanzania Group Limited, has initiated a feasibility study with the Tanzanian government for constructing a gas-to-liquid (GTL) plant.
Regulatory dilemma: Where are telecom listings on DSE?

Jan 13, 2025 | thecitizen.co.tz | Alawi Masare

Dar es Salaam. The Tanzanian stock market is still waiting for some telecommunication companies to comply with the legal requirement to list on the Dar es Salaam Stock Exchange (DSE). In line with the Electronic and Postal Communications Act (EPOCA), 2010, non-state-owned telecom operators are obliged to sell at least 25 percent of their shares to the public through DSE.
Tanzania unveils overhaul of investment laws to improve business environment

Nov 15, 2024 | thecitizen.co.tz | Alawi Masare

Dodoma. The Tanzanian government has unveiled a comprehensive overhaul of investment laws, proposing a completely new statute that will replace three Acts and amend others. This is part of a move to improve the business environment and streamline the related management.
RIPOTI MAALUM: Janga, Kwa nini kamari zinaongezeka licha ya athari mbaya? - 2

Jun 8, 2024 | mwanaspoti.co.tz | Alawi Masare

Muktasari:Tuliona namna watoto hususan wanafunzi wanavyotumia fedha wanazopewa na wazazi ili kutumia shuleni wakiziteketeza kwenye mashine za kamari maarufu kama Dubwi kwa lengo la kujiongezea kipato. KATIKA mfululizo wa ripoti maalumu hii juu ya uraibu wa michezo ya kamari nchini, tuliona namna watoto wenye umri chini ya miaka 18 wanavyojiingiza, licha ya kuwepo kwa sheria kali zinazowazuia kujihusisha nayo.
RIPOTI MAALUM: Janga, Watoto katika uraibu wa michezo ya kamari

Jun 7, 2024 | mwanaspoti.co.tz | Alawi Masare

Muktasari:Ndani, watu wazima na watoto wanakusanyika karibu na mashine za kupangia pesa (slot machines), macho yao yakielekezwa kwenye skrini, wakiwa na matumaini ya kupata pesa za haraka kupitia mchezo wa kubahatisha. KATIKATI ya eneo la Mwandege Magengeni, wilayani Mkuranga mita 20 tu kutoka msikitini, kuna kituo cha michezo ya kubahatisha kinachoonekana kuwa cha kawaida.
Why gambling is likely to grow despite its negative effects

Jun 4, 2024 | thecitizen.co.tz | Alawi Masare

It is opposed by clerics and a segment of the general public, but for the government, gambling and other gaming activities are valuable sources of revenue. Gaming is allowed in Tanzania, with restrictions on children below the age of 18. Additionally, certain locations are regulated, and operators must obtain a license before commencing their operations. However, the rapid expansion of the industry in recent years has led to widespread operations, particularly concerning slot machines.
Dangers of unregulated gambling den as gaming expands unabated

Jun 3, 2024 | thecitizen.co.tz | Alawi Masare

Dar es Salaam. In the heart of Mwandege Magengeni, Tanzania, a seemingly innocuous gaming station sits a stone’s throw from a mosque. Inside, a troubling scene unfolds: children and adults alike huddle around slot machines, chasing the illusion of quick cash. This location, in Mkuranga District, exemplifies the disturbing trend of gaming stations flouting regulations and endangering young people.
How spread of slot machines is fuelling underage gambling

Jun 3, 2024 | thecitizen.co.tz | Alawi Masare

Dar es Salaam. In the heart of Mwandege Magengeni, Tanzania, a seemingly innocuous gaming station sits a stone’s throw from a mosque. Inside, a troubling scene unfolds: children and adults alike huddle around slot machines, chasing the illusion of quick cash. This location, in Mkuranga District, exemplifies the disturbing trend of gaming stations flouting regulations and endangering young people.
How Sh1.88 trillion Energy funds will be spent

Apr 24, 2024 | thecitizen.co.tz | Alawi Masare

Dar es Salaam. The government on Wednesday outlined priorities for the Energy ministry which is planning to spend 95 percent of its next budget for development projects. Deputy Prime Minister and Energy minister Doto Biteko tabled the Sh1.88 trillion estimates for 2024/25 in Parliament, stating the focus areas which include accelerating rural electrification, connecting remaining regions to the national grid and implementing strategic projects in the sector.
Investment looking up after years of ups and downs

Apr 22, 2024 | thecitizen.co.tz | Alawi Masare

Dar es Salaam. Investment in Tanzania is showing promising prospects after ups and downs that came with political leadership changes in the last three decades. Government statistics indicate that the number of projects and jobs created and size of injected capital increased from 1996 when the Tanzania Investment Centre (TIC) started keeping records until 2016 when numbers dropped significantly. However, there are notable rebounds in all the three aspects used to measure investment performance.