International news agency
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.

Search Results for: Tanzania

10 results out of 141 results found for 'Tanzania'.

TANZANIAN METAL SECTOR CRITICISES DRASTIC MINING LAW REFORMS

ANXIETY has greeted the passage and signing of three sets of laws to regulate the mining sector in Tanzania, even though it could reverse a ban on copper and gold exports imposed in March.

The Natural Wealth and Resources Contracts (Review and re-negotiation of unconscionable terms) Act 2017, The Written Laws (Miscellaneous Amendments) Act, No 7 of 2017 and The Natural Wealth and Resources (Permanent Sovereignty) Act 2017 were approved by parliamentarians on July 3

Tanzanian President John Magufuli signed the new bills into law on July 5, despite opposition from key industry players.…

Read more

MIDDLE CLASS STILL DRIVING DEMAND FOR DEODORANTS IN KENYA

THE EVER-intensifying skyline of Nairobi, Kenya’s capital city, illustrates the rapid economic growth of this equatorial East African country, and its growing workforce is increasingly keen to buy deodorants to keep them dry and comfortable in the office and outside.

An increased focus on banking, industry, manufacturing and construction have raised the country’s gross domestic product (GDP) by 5.3% year-on-year in 2014 and 5.6% in 2015 (Deloitte Economic Outlook 2016).…

Read more

IPSAS SET TO STANDARDISE KENYAN GOVERNMENT’S FINANCIAL PROCEDURES

KENYA is east Africa’s economic dynamo and what happens in this jurisdiction has a lot of influence over government policy in neighbouring countries. So, the fact that the Kenyan government is now pushing hard on installing detailed public accounting standards, following in the footsteps of next-door Tanzania – is important.…

Read more

EAST AFRICAN GOVERNMENTS PASS TOBACCO CONTROL LAWS, BUT EFFORTS ARE UNEVEN AND IMPLEMENTATION PATCHY

GOVERNMENTS in east Africa may have been passing legislation and regulation to control the tobacco sector, but these laws’ effectiveness is being weakened by lax implementation.

Kenya has been leading the local pack with controls, in 2007 enacted its first Tobacco Control Act, and in 2014 ratifying the World Health Organization Framework Convention on Tobacco Control (WHO-FCTC).…

Read more

AFRICA STARTS TO ADOPT PUBLIC ACCOUNTING STANDARDS – BUT THE JOB WILL NOT BE EASY

WITH the economies of sub-Saharan Africa emerging from past poverty, informality and occasional chaos, the regularisation of the region’s public sector accounts is increasingly viewed as an important way of ensuring growing tax revenues are spent wisely.

As a result, accounting experts have been encouraged by growing moves to adopt International Public Sector Accounting Standards (IPSAS).…

Read more

TANZANIA BREAKS GROUND IN AFRICA WITH PUBLIC FINANCE ADVANCES

Tanzania is gearing-up for new international public accounting system as it prepares asset assessment policies for all government ministries, agencies and other organisations to promote consolidated public sector bookkeeping. East Africa’s second largest economy has been working on these reforms having adopted International Public Sector Accounting Standards (IPSAS) from July 1, 2004, both for local and central governments.…

Read more

AFRICA DIASPORA UNIVERSITY CONFERENCE

KENYA’S EDUCATION MINISTER CALLS FOR LESS GOVERNMENT MEDDLING IN AFRICAN UNIVERSITY MANAGEMENT

 

Kenya’s education minister has called for African governments to pull away from direct management of their country’s universities, saying such meddling is unnecessary and can hinder the development of effective management.…

Read more

SOLAR COOKERS OFFER HIGHER LIVING STANDARDS FOR THE POOR AND MAJOR EMISSION REDUCTIONS

SOLAR power of course draws on a free renewable energy to create electricity, but a burgeoning sector is enabling the harnessing of heat for cooking, which can promote energy efficiency in all manner of climates – solar cookers.

Indian solar cooker innovator Deepak Gadhia and Julie Greene, executive director, Solar Cookers International (SCI), co-chaired a 6th SCI World Conference held in Gujarat, India, this January, that demonstrated how these technologies are entering the mainstream.…

Read more

KENYA PAINT MARKET AND INDUSTRY GROWING INTI KEY EAST AFRICAN HUB

KENYA has long been regarded as east Africa’s economic powerhouse, with residential and industrial construction boosting sales of paints and coatings – and for now there seems to be no halt in this progress. Indeed, the last World Bank assessment of growth in this 45 million people country was that GDP rose by 5.6% in 2015.…

Read more

PROLIFERATION OF UNIVERSITIES BRINGS MIXED BAG OF FORTUNES TO SOMALIA

As guns continue to go silent in Somalia’s waning civil conflicts, exponential growth has been witnessed in the country’s higher education sector, although there are mixed reviews about the quality of education offered by the country’s new independent universities.

Before the 1988 civil war and subsequent collapse of the central government in 1991, Somalia had only one state-owned university, the Somali National University.…

Read more