Fred Maliki (Mgosi Mkoloni), one of the bongo flava artists from wagosi wa kaya group, thinks foreign artists are more favored when they are performing various shows in Tanzania than local Tanzanian artists.
He says that in the case of royalties, foreign artists are given more money. When invited to perform in various events in Tanzania, they are given royalty worth more than Tsh. 4 million while Tanzanian artist are paid not more than two hundred thousand. It seems like exploitation.

China’s new economy value of $ 1.33 is slightly higher than $1.28 of gigantic Japan, analysts have advised Tanzanians to adhere to hard working practices and turn to community economy with direct indigenous participation, management and operation of their own technology.
“What we should learn is development does not depend on a system, capitalism or socialism is not an issue. The important thing is to see how much the economy is reflected in people’s normal life,” said Dr Haji Semboja from the Economics Department at the University of Dar es Salaam.

ONE of the most successful entrepreneurs Michael Shirima, the co-owner of the Precision Air has called for an investment environment which will help the private sector to make a positive contribution.
Shirima castigates the culture of lacking confidence in business which has affected a good number of entrepreneurs. He says it is this negative trend which has led many people to brand his company as ‘Kenyan’.
“More than 98 percent of our workers are in Tanzania and the gossip that the company is a Kenyan company is sheer rumours and unfounded,” he says.

The growth of the Chinese economy in the past few decades since economic reform in 1979 has been one of the wonders of modern economic development.
China has experienced unprecedented growth in the past thirty years, with Growth Domestic Product (GDP) rising on average by 9.5 percent per year over that period.
Indeed, China currently has the fourth largest GDP, measured in US dollars, with the 2006 figure standing at USD2.68 trillion.