Search Results for: Tanzania

BY VILLEN ANGANAN, IN BEAU-BASSIN, MAURITIUS

INTERNATIONAL accounting firms are exploring opportunities within Africa, and are using the Indian Ocean island of Mauritius – a regional financial centre – as a stepping stone. All the Big Four: Ernst &Young, PricewaterhouseCoopers (PwC), KPMG and Deloitte are already successfully offering their services to African clients.…

BY KEITH NUTHALL

THE UNITED Nations has continued to proactively encourage handwashing with soap, staging a Global Handwashing Day in October, with the UN Children’s Fund UNICEF organising events. It said 8 million children in India’s Rajasthan, more than 1 million children in Pakistan,1.7 million children in Afghanistan from 1,700 schools, plus 326,809 Eritrean children in 1,272 schools participated in handwashing events.…

BY WACHIRA KIGOTHO

RESEARCHERS studying mining in the Democratic Republic of the Congo (DRC) are warning illegal uranium mining continues in a country still riven with political violence and weak government authority.

Indeed, militia groups and government soldiers continue to benefit from illegal uranium mining in the eastern DRC, claims Ms Nyambura Githaiga, a researcher with the Nairobi-based African Conflict Prevention Programme.…

BY MJ DESCHAMPS

IN a drive to combat the illegal exploitation of conflict minerals and create greater transparency of money flows between mining companies and governments, the European Commission is to table a new European Union (EU) law this autumn. It will ask large mining companies to reveal detail about their mining activities and associated financial transactions to shareholders.…

BY KEITH NUTHALL

IMPROVEMENTS are being made to Tanzania airports with the help of international organisation investment. The European Investment Bank (EIB) has developed plans to lend Euro EUR55 million to the Tanzania Airport Authority (TAA) to rehabilitate and improve facilities at five regional airports: Bukoba, Kigoma, Tabora, Shinyanga and Sumbawanga.…

BY MJ DESCHAMPS

THE POOREST countries in the world have an unprecedented opportunity to attract investment in the pharmaceutical sector, according to a new report by the United Nations Conference on Trade and Development (UNCTAD).

The study stressed how large research and development-based pharmaceutical transnational corporations facing the expiration of blockbuster drug patents are entering into partnerships with profitable generic manufacturers in developing countries as a survival strategy.…

BY MARK GODFREY

THE HEADLINES said it all. Chinese newspapers have recently been heavy with editorials and op-ed pieces largely favourable to nuclear power: among them ‘This Is Not the End of Nuke Power’ a half-page op-ed in the China Daily, the preferred conduit of China’s official thinking to foreign diplomats and executives.…

BY BILL CORCORAN

Mozambique’s fledgling tobacco leaf industry faces tough challenges

Mozambique’s young tobacco leaf industry is growing despite sometimes difficult climactic conditions. It mainly grows Burley – which is under pressure from World Health Organisation guidelines. And Zimbabwe competition is a potential complication.…

BY JOHN K AGUNDA

IF there was one African country where a business forum on ethics was most appropriate, it might well be Tanzania, given its immediate post-independence history of socialism and self-reliance.

Those purist 1960s and 1970s days of former President Julius Nyerere and his ‘ujamaa’ leftism are now history, of course, with Tanzania, very much part of the gloablised liberal capitalist mainstream.…

BY ANDY HOLDER

THE INTERNATIONAL gold market may be relatively small, but the metal’s rapid rise in price in the past 18 months to over US dollars USD1,400/oz(up from USD900) has given fraudsters the opportunity they need to tempt investors with some pretty audacious offers to join the ‘gold bug’ club.…