TANGA

Challenges Facing the Tanzanian Shilling Amid Economic Growth

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Tanzania’s economy is expanding, yet its currency, the shilling, has decreased by 8.9% this year, making it the world’s poorest performer. The decline is attributed to rising imports and increasing …

Uganda Charges Anti-EACOP Activists Following Protest at EU Mission

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

A group of 11 environmental activists protesting the East African Crude Oil Pipeline (EACOP) was charged and remanded in prison after demonstrating at the EU Mission in Uganda. The activists, …

Amsons Group Announces Major Investments in Tanzania and Kenya

November 1, 2024November 1, 2024 - by Marcus Chen - Leave a Comment

Amsons Group will invest USD 320 million to build a cement plant in Tanzania and plans an upgrade at Mbeya Cement. The company intends to invest USD 400 million in …