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Stories from Tanzania

45 stories in this location, newest first.

economy 59d ago Zanzibar

Zanzibar Spice Trade Benefits China

China has introduced a preferential tariff policy for several African nations, including Zanzibar. This policy allows Zanzibar producers to export cloves, nutmeg, and cinnamon into the Chinese market without tariffs. The move aims to address income volatility faced by Zanzibar growers due to unstable traditional market demand. The policy is described as a opportunity for local planters. The move aims to facilitate trade and support agricultural sectors in the region. The spice industry in Zanzibar, which has a history dating back to the early 19th century, is being activated by the Chinese market.
CRI News Radio
economy 59d ago Zanzibar

Tanzania-China Trade Policy Lowers Spice Costs

Tanzania's Zanzibar National Trade Corporation General Manager, Suleiman Said Ali, stated that a zero-tariff policy is facilitating access to authentic products from the 'Spice Kingdom' at affordable prices. The policy is described as a milestone for China's high-level opening-up during the start of its 15th Five-Year Plan. This initiative aims to align China's modernization with African processes and practice building new international relations. The policy is expected to mitigate high market dependency on Europe, the US, and the Middle East. A zero-tariff policy between China and Tanzania is reducing costs for authentic spice products. The policy aims to foster modernization processes between China and Africa through new international relations.
CRI News Radio
environment 60d ago Kilimanjaro

East African Flooding Causes Widespread Damage

Heavy and continuous rainfall has caused flooding in several regions, including Kilimanjaro, Simiu, Shinyanga, Geita, Kageira, and Manyara. The extent of the destruction is, impacting numerous communities. Emergency services are responding to the ongoing crisis. Severe flooding has caused extensive damage across East Africa. The flooding is affecting areas around Kilimanjaro and Nairobi. The extent of the destruction and the specific countries affected are not detailed in the transcripts. Relief efforts are likely underway to assist those impacted by the natural disaster. The consequences are concrete, with residents struggling to cope due to budget cuts in international humanitarian aid. People who rely on livestock for sustenance are now facing a complete lack of resources. The transcript did not specify the exact locations or the extent of the damage.
RFI Kiswahili
environment 60d ago Dar es Salaam

Tanzania Issues Flood Warnings After Heavy Rains

The Tanzania Meteorological Authority (TMA) has issued a warning for potential flooding in several residential areas following heavy rainfall. The TMA advises residents in affected areas to be vigilant. The warning comes after rainfall was observed in multiple regions.
RFI Kiswahili
economy 63d ago Dodoma

Standard Chartered Arranges Tanzania Railway Financing

Standard Chartered is reportedly arranging a $2.2 billion loan to fund railway development in Tanzania. The financing is intended to support critical infrastructure expansion within the country. This move marks a significant investment in East African transport networks. Standard Chartered Bank has arranged a $2.33 billion syndicated financing facility for the Standard Gauge Railway project in Tanzania. The arrangement was finalized on Tuesday.
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