Daily News Tanzania

The Daily News is an English-language paper based in Tanzania, which is the second-largest economy within the East African Community.

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TIB Development Bank Q1 profit rises on FX trading

3 days ago | dailynews.co.tz | Henry Lyimo

DAR ES SALAAM: TIB Development Bank reported a surge in quarterly profit driven by robust gains in foreign currency trading, masking which offset growing concerns about the performance of its core lending business. The bank’s after-tax profit reached Tshs 14.28 billion, a sharp increase from Tshs 8.22 billion in the similar quarter last year. The growth was largely fueled by a spike in non-interest income, particularly from currency transactions.
Chana calls for joint efforts to combat wildlife crimes

5 days ago | dailynews.co.tz | Matern Kayera

ARUSHA: WILDLIFE crime has been identified as closely linked to global criminal networks that exploit technology, corruption and transborder crimes. These remarks were made by the new President of the 14th Governing Council Meeting of Parties to the Lusaka Agreement, Ambassador Dr Pindi Chana, during a session held in Arusha recently.
Govt distributes inputs to boost cashew nut production

5 days ago | dailynews.co.tz | Hilda Mhagama

DODOMA: THE government has continued to promote cashew nut farming across the country by providing subsidised agricultural inputs including in newly identified cashew-producing regions such as Tabora. Deputy Minister for Agriculture, Mr David Silinde told the National Assembly on Thursday that in 2024/2025 farming season, the government distributed a total of 7,700 kilogrammes and 96,120 litres of pesticides to new cashew-producing regions, including Tabora.
Empowerment loans restart, groups urged to apply

5 days ago | dailynews.co.tz | Hilda Mhagama

DODOMA: THE government reiterated yesterday that it has resumed the issuance of the 10 per cent loans through local government authorities, following a temporary suspension in April 2023 to allow for system improvements.
TARURA budget hits 1tr/- as govt tackles damaged roads

5 days ago | dailynews.co.tz | Hilda Mhagama

DODOMA: AS 2024/25 Financial Year ends next month, the government has taken measures to speed up rehabilitation of roads damaged by heavy rains, including those in urban neighbourhoods following concerns raised by MPs over impassable routes during the rainy season.
Two firms under review for Engaruka soda ash partnership

5 days ago | dailynews.co.tz | Hilda Mhagama

DODOMA: PLANS to finalise the long-awaited Engaruka Soda Ash Project are progressing with the government currently vetting two companies that submitted bids to partner with the National Development Corporation (NDC). This was revealed in the National Assembly by the Deputy Minister for Industry and Trade, Mr Exaud Kigahe, in response to a question from Special Seats MP, Zaytun Swai (CCM) who sought to understand the government’s strategy for ensuring the project’s completion.
Extension officers to receive fuel boost next FY

5 days ago | dailynews.co.tz | Hilda Mhagama

DODOMA: AGRICULTURAL extension officers in five regions and twelve local government authorities are set to receive a monthly fuel allocation of 10 to 15 litres in the 2025/26 financial year, Legislators were told yesterday. The move aims to enhance their mobility and effectiveness in supporting farmers across the country.
Parliament faults TPDF recruitment criteria

5 days ago | dailynews.co.tz | Hilda Mhagama

DODOMA: SPEAKER of the National Assembly, Dr Tulia Ackson, has faulted the recent recruitment criteria issued by the Tanzania People’s Defence Forces (TPDF), saying it contradicts a standing resolution of the Parliament. Dr Tulia was responding to a point of order raised by Mbozi Legislator George Mwenisongole (CCM) who sought clarification on whether a government agency’s failure to adhere to a Parliamentary resolution constitutes a violation of that resolution.
2025/26 budget targets water project completion

6 days ago | dailynews.co.tz | Hilda Mhagama

DODOMA: THE government will focus on completing more than 1,500 ongoing water projects across the country in the 2025/26 financial year, with the aim of expanding access to clean and safe water in both rural and urban areas. Presenting the budget estimates for his docket before the National Assembly yesterday, Minister for Water Jumaa Aweso outlined the sector’s key priorities and execution plan for the coming financial year.
MPs endorse Ministry of Minerals’ 224.98bn/- spending plan

1 week ago | dailynews.co.tz | Sauli Giliard

DODOMA: MEMBERS of The Parliament have unanimously approved a 224.98bn/- budget for the Ministry of Minerals for the 2025/26 financial year which will enable the docket and its affiliated institutions to carry out their mandated responsibilities. Prior to the endorsement, Minister Mr Anthony Mavunde informed the lawmakers that the docket was determined to execute strategic projects in the mining sector as well as strengthening service delivery.