Economy

Thursday, March 11, 2010 - 9:17am
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MISMANAGEMENT of public finance has been the major obstacle to Tanzania’s development goals under the umbrella of anti-poverty economic vehicle Mkukuta, The Express can report today. Stakeholders have cited misallocations of public funds, embezzlement and over- expenditure as the major culprits behind the failure of the ambitious programme. “We failed to deliver through the country’s economic vehicle Mkukuta because of the rampant extravagance of public funds,” says Dr Oswald Mashindano, an economist at the University of Dar es Salaam. Acronym for Swahili version of National Strategy for...

Economy

01/08/2010
THE Government of Denmark provides Tanzania with DKK 60 million equivalents to TSH 15 billion to upgrade and improve road safety on the Chalinze-Segera, Tanga road. The Government of the United...
12/14/2009
Poor countries suffering from the effects of climate change are yet to receive a penny from a flagship United Nations fund, the BBC has revealed. In 2001, Kyoto Protocol signatories decided to...
12/02/2009
Gold leapt to another high on Wednesday as the dollar tumbled below significant support levels to hit near 16-month lows. After trading within a tight range for nearly three weeks, the greenback...
11/13/2009
The trading at the Dar es Salaam Stock Exchage showed a modest trading on Monday as DSE recorded a turnover of Tsh. 176.06 million from 135,768 shares traded in 67 deals. In the previous session a...
10/23/2009
THE World Trade Organization will help improve the Dar es Salaam harbour in order to revamp the Tanzanian economy and that of neighboring countries, it has been revealed. Speaking in Dar es Salaam...
10/21/2009
EXPERTS are discerning that least developed nations including Tanzania may suffer a bitter blow from the consequences of climate change, if the developed nations that are the ones leading in...
09/28/2009
WITH falling sales, rising public indebtedness and surging anti-business sentiment, the past year has been a tough one both for business people and for pro-business policymakers. “It is not just a...
09/27/2009
Tanzania and other low income African countries may benefit from the African Development Bank (AfDB) Group drive that is urging the G20 Summit to increase the institution’s resources, to enable it to...
09/24/2009
The government has announced that clean, untainted petroleum products is a major tool towards achieving the vision of the energy sector which is to efficiently contribute to the growth of the...
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