Search Results for: Tanzania

Beauty markets in sub-Saharan Africa are becoming more sophisticated, and with this comes an increasing desire by consumers to use cosmetics that better match their own skin and hair characteristics, rather than utilising products that of more universal appeal.

Nigeria’s personal care product industry continues to grow, and given its population is the largest in Africa – now estimated by the United Nations at 200 million – this market inevitably has the most potential in the continent.…

Mentorship and sharing experiences will be a key part of the discussions on boost numbers of women in leadership and senior positions within Africa’s higher education sector, when African women vice chancellors meet for their annual symposium in December 2-6.

This meeting of the Forum for African Women Vice Chancellors (FAWoVC) is being staged alongside the annual general meeting of the Regional Universities Forum for Capacity Building in Agriculture (RUFORUM), to be held at the University of Cape Coast, in Ghana.…

Despite having high solar radiation with between 2,800 and 3,500 hours of sunshine in a year (when there are 8,760 hours for each non-leap year), the solar energy potential in East Africa is yet to be fully exploited.

But in this region, it is not fossil fuels that dominate.…

TANZANIAN authorities have put mining firms that continue to defy sections of the country’s mining laws on notice. 

Simon Msanjila, permanent secretary in the nation’s Ministry of Minerals told Metal Bulletin that all mining companies that fail to pay royalties and adhere to the mining code risk having permits to transport their products cancelled. …

THE TANZANIAN government’s decision to increase levies on dry hair imports and associated wigs, hair pieces and extensions, and which are widely popular in the country, has been met with real concern and some anger by the east African beauty industry.…

AFRICA is without doubt the continent to watch for airport and air traffic control investment in the future. It is the world’s second most populous continent (home to more than 1.2 billion people), and according to Airports Council International (World) – ACI World – Africa was the fastest growing region for air passenger traffic in 2017 and 2018, which rose 6.3% in 2017 year-on-year and 10.8% in 2018 to June year-to-date, year-on-year.…

Digital disruption has been transforming banking services worldwide, and Africa, with its important m-commerce sector, has been in the frontline of this change – a fact not lost on established bank executives, such as Samuel Fredrick Mwogeza, the chief financial officer of Stanbic Bank Uganda Ltd.…

WITH Kenya’s economy still growing fast – its GDP is projected to increase by 5.8% this year (2019) east Africa’s economic hub is expected to provide the paint and coatings sector plenty of extra sales. Such growth in the construction industry is reflected in its neighbouring countries, notably Ethiopia, Kenya, Rwanda, Tanzania and Uganda, offering additional sales for companies with the scale to score regional sales.…

The UK’s first deferred prosecution agreement (DPA) that the Serious Fraud Office (SFO) struck with Standard Bank in 2015, ended successfully on November 30, in a milestone moment for the British criminal justice system. The SFO said that Standard Bank had “fully complied with” the terms of the DPA, including covering SFO costs of GBP330,000 (USD382,135) and in May 2016 paying USD16.8 million in fines, USD8.4 million in disgorgement of profits, and USD6 million in compensation plus USD1,046,196.58 in interest to the government of Tanzania.…

The conventional arms trade has a reputation for using side payment sweeteners to secure multi-million dollar deals. But despite allegations of corruption in numerous jurisdictions, the legitimate arms trade is not on the Financial Action Task Force’s (FATF) radar. Should it be?…