Tag: Tanzania

Air Tanzania resumes Dar-es-Salaam – Nairobi flights

Editor

TANZANIA – Air Tanzania has resumed two daily flights between Dar es Salaam and Nairobi after 20 years since it ceased operations. The national carrier says it will operate an Airbus A220-300 aircraft on the new route as Nairobi becomes a strategic route in African plans. Air Tanzania Chief Executive Officer Ladislaus Matindi said the restart of the Dar-Nairobi route has been prompted by improved bilateral relations, increased trade between the two countries, inter-governmental relations, tourism, an extension of familial and friendly ties, and the need to connect the region…

Read More

Denny Marandure appointed as CEO for Liquid Intelligent Technologies’ Raha Limited

Editor

TANZANIA – Liquid Intelligent Technologies has announced the appointment of Mr. Denny Marandure as the Chief Executive Officer (CEO) for Raha Limited, Tanzania. Denny Marandure joined Liquid in 2014 as the CEO of ZOL Zimbabwe until 2019 when he moved to Liquid South Africa as Group Executive Cloud and Digital Sales and then subsequently as Group Executive Enterprise Sales. “Denny is a proven senior executive who has the vision, strategic thinking, leadership and energy to successfully drive our Tanzania operations to newer heights of excellence,” Adil El Youssefi, Regional CEO…

Read More

Air Tanzania ups regional competition with order of four new planes

Editor

TANZANIA – Boeing and the government of Tanzania have announced an order for a 787-8 Dreamliner, a 767-300 freighter, and two 737 MAX jets at the 2021 Dubai Airshow to boost the national carrier’s capability in Africa and abroad. The airplanes will be operated by Air Tanzania, the national flag carrier of Tanzania, to expand service from the country to new markets across Africa, Asia, and Europe. The order, valued at more than US$726 million at list prices, was previously unidentified on the Boeing Orders and Deliveries website. Air Tanzania…

Read More

Tanzania clears arrears in Shelter Afrique, boosts its stake to 1.72%

Editor

TANZANIA – The Government of Tanzania has paid its outstanding capital contribution amounting to US$407,284.97 to Shelter Afrique bringing the total contribution to US$3.1 million. By clearing the arrears, Tanzania has now raised its stake in the pan-African housing development financier to 1.72% from 1.54%. In September 2021, Tanzania paid US$2.7 million in capital contribution, significantly increasing its stakes in the company. “We are grateful to the Government of Tanzania for becoming a fully paid shareholder with no capital arrears. We thank Housing Minister William Lukuvi for supporting this important…

Read More

Air Tanzania gets a boost as government orders 5 additional aircraft

Editor

TANZANIA – The government of Tanzania has made a down payment of US$258.7 million purchase of five more aircraft for its struggling national carrier Air Tanzania. The order includes cargo planes, which are all expected to be delivered before the end of 2023. Aviation industry sources told The EastAfrican that the funds were approved by the current government despite heavy losses incurred by the carrier under a revival program initiated by former president John Magufuli and the effects of the Covid-19 pandemic. The planes, once they arrive in the country, will…

Read More

ADF approves US$116m loan to upgrade road corridor in Tanzania

Editor

TANZANIA – The Board of Directors of the African Development Fund has approved a loan of around US$116 million to the Tanzanian government to upgrade a 160-kilometer Mnivata-Newala-Masasi road corridor in the southern part of the country. The Bank’s loan represents 98.71% of the project cost; the government of Tanzania will provide the remaining 1.29% in funding. The project will upgrade the roadway, including the 84-meter Mwiti bridge, to bituminous standard. The works also have social components, including the provision of potable water, education and medical infrastructure, the establishment of…

Read More

Tanzania ratifies Africa free trade area treaty

Editor

TANZANIA – The government of Tanzania has ratified the agreement establishing the African Continental Free Trade Area (AfCFTA), joining a pact connecting countries with a total gross domestic product of US$3.4 trillion. AfCFTA was first opened for signing in April 2018 but came into application in 2019 after the requisite minimum of 21 of the 55 member states ratified it. Tanzania had not formally joined although former President John Magufuli signed on the agreement in 2019. After signing, parliamentary approval is required for the ratification of the agreement. Its East…

Read More

Tanzania ups its stake in Shelter Afrique to 1.54%

Editor

KENYA – The Government of Tanzania has increased its stake in Shelter Afrique after paying US$2.7 million in additional capital, the pan-African housing development financier has disclosed. The additional stake now takes Tanzania’s shareholding to 1.54% up from 0.3% held previously. Effectively, the contribution now reduces ownership of the top three shareholders with Kenya’s, Nigeria’s and African Development Bank’s shareholdings now standing at 17.78%, 13.27% and 12.83%, respectively. Shelter Afrique Group Managing Director and Chief Executive Officer Andrew Chimphondah said it was gratifying to see the unwavering support and renewed confidence…

Read More

Tanzania to route national fiber extension along electricity grid

Editor

TANZANIA – The government of Tanzania is to use the country’s national electricity grid to extend its nationwide fibre network. The country’s Ministry of Information and Communication Technologies has awarded Tanzania Telecommunications Corporation a contract to construct the network over the power infrastructure – and to extend the power network itself. Faustine Ndugulile, the minister of information and communication technologies, said high-speed internet was essential for the next industrial revolution. “The fourth industrial revolution is built on a combination of various digital and modern technologies such as blockchain, drones, internet,…

Read More

Vodacom Tanzania appoints Sitholizwe Mdlalose as managing director

Editor

TANZANIA- Vodacom Tanzania Plc has announced the appointment of Sitholizwe Mdlalose as the new Managing Director replacing Hisham Hendi who is stepping down after three years at the helm. Sitholizwe joins the company from Vodacom South Africa (VSA) where he was the Finance Director since 2017. Sitholizwe has previously held various roles in the Vodacom Group including that of Interim Chief Finance Officer as well as Chief Finance Officer of Vodacom Group’s International Business. Prior to joining Vodacom Group, he worked with Vodafone Group for more than 6 years holding…

Read More