Tanzania Financial News

29.07 / 07:13
UPS Booking Citizens Aware Injustice country World looking at India as nursery of new possibilities: PM Modi
India as a nursery of new possibilities and several countries are approaching the government for setting up IIT campuses there, Prime Minister Narendra Modi said on Saturday. Delivering the inaugural address at the «Akhil Bhartiya Shiksha Samagam» on the third anniversary of the launch of the National Education Policy (NEP), the prime minister said various global universities are also interested in setting up their campuses in India. «The world is looking at India as a nursery of new possibilities.
27.07 / 23:57
Strandline Resources raising $30m; Barrenjoey, Morgans, Shaws hired
WA and Tanzania mineral sands explorer Strandline Resources has mandated three brokers for a $30 million equity raising to finalise commissioning of its Coburn project.
19.07 / 04:35
FIVE Citizens VISA Mobile Indian index Henley Passport Index 2023: Indian citizens can travel to 57 countries visa free. Check full list here
India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.
16.07 / 03:57
Cooper Extreme Action Fighting India, UAE sign MoU for planning to establish IIT-Delhi campus in Abu Dhabi
UAE on Saturday signed a Memorandum of Understanding for planning to establish Indian Institute of Technology (IIT) — Delhi in Abu Dhabi, which could be the second IIT abroad after Tanzania. The MoU was signed following talks between UAE President Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Narendra Modi in Abu Dhabi. Modi was in UAE on a day long visit following his France trip.
15.07 / 14:23
UPS India signs MoU with UAE to set up IIT campus in Abu Dhabi
Indian Institute of Technology (IIT) Delhi has signed a Memorandum of Understanding (MoU) with Abu Dhabi Department of Education and Knowledge (ADEK) and the Ministry of Education in India to set up its international campus in Abu Dhabi. The MoU was signed in the presence of Prime Minister Narendra Modi and Sheikh Mohamed Bin Zayed Al Nahyan, President of the UAE, according to a release issued by IIT Delhi.
15.07 / 11:41
UPS IIT Delhi to set up campus in Abu Dhabi
IIT Delhi campus in the Gulf country. Prime Minister Narendra Modi is currently on an official visit to the United Arab Emirates (UAE). Indian Institute of Technology (IIT) Delhi is the second IIT to announce setting up an offshore campus after IIT Madras. Last week, IIT Madras signed an MoU for setting up a campus in Tanzania's Zanzibar. Union Education Minister Dharmendra Pradhan tweeted to congratulate IIT Delhi for signing MoU. «An exemplar of New India's innovation and expertise, the IIT Delhi campus in UAE will be an edifice of India and UAE friendship. It will set a brand new template for leveraging the power of knowledge for both mutual prosperity and global good as envisioned in NEP,» he added.
15.07 / 11:19
UPS Cooper Remark HON IIT Delhi to set up campus in Abu Dhabi, offer courses from THIS date
IIT Delhi's Abu Dhabi campus will offer Master's courses from January 2024, and Bachelor's courses from September next year. Union education minister Dharmendra Pradhan said, “IIT Delhi's Abu Dhabi campus to set template for leveraging power of knowledge for mutual prosperity and global good". Prime Minister Narendra Modi is currently on an official visit to the United Arab Emirates (UAE).
14.07 / 13:49
Provident FIVE CEO Gap Strategy Ames StanChart to sell sub-Saharan Africa business to Access Bank
DUBAI (Reuters) — Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Nigeria's Access Bank, putting into motion a plan announced last year to divest those businesses.
13.07 / 13:39
Target Progressive Aware Remark end India poised to end AIDS epidemic, says UNAIDS country director
New Delhi: David Bridger, UNAIDS country director for India, on Thursday expressed confidence that India has the potential to achieve the end of the AIDS epidemic as a public health threat. He emphasized the need to capitalize on the progress made thus far, saying that India has the opportunity to eradicate AIDS if efforts are sustained. Bridger’s remarks come in response to a new report released by UNAIDS titled ‘The Path that Ends AIDS’, which underscores the political and financial choices involved in ending AIDS and highlights the remarkable achievements of countries and leaders who have pursued this path.
10.07 / 18:13
Provident IIT-Madras' Zanzibar campus to start hiring, plans classes in October
Zanzibar, Tanzania, where classes for the first batch will start this October. IIT-Madras will bring in academic expertise and take charge of the admissions process while the Tanzania government will provide the financial and administration support, IIT-Madras director V Kamakoti told ET.Preeti Aghalayam has been appointed as the dean of the School of Science & Engineering.
08.07 / 14:03
MET Cooper Remark Continental India committed to strengthen its relations with Tanzania: EAM Jaishankar
S Jaishankar on Saturday reaffirmed India's commitment to strengthen relations with Tanzania as he held talks with his counterpart here to create the pathway to boost bilateral ties in various sectors, including trade. Jaishankar met Tanzania's Minister of Foreign Affairs and East African Cooperation Dr. Stergomena Tax at the 10th India-Tanzania Joint Commission Meeting.
08.07 / 09:25
UPS Provident Cooper Continental India and Tanzania started trade settlements in local currencies: S Jaishankar
S Jaishankar on Saturday said that India and Tanzania have started trade settlements in local currencies and this new initiative will help in promoting commerce between the two countries. Addressing industry leaders at a function, the minister said India-Tanzania bilateral trade has seen very strong growth, and stood at USD 6.4 billion in 2022-23. «Now, bear in mind, this is not only a very substantial bilateral trade, but it's also actually a bilateral trade, which is getting increasingly balanced.
08.07 / 01:05
UPS Remark Parke ‘India remains Tanzania's biggest…,’ says MEA S Jaishankar
During his visit to Tanzania, External Affairs Minister S Jaishankar stated that India's bilateral trade with Tanzania in the previous year amounted to USD 6.4 billion. Jaishankar further highlighted that India continues to be the primary market for Tanzanian exports. These statements were made by the minister during his speech at the India-Tanzania Business Conclave.
07.07 / 13:05
UPS Strategy ‘Not Here For Narrow Economic Objectives…’: Jaishankar Takes A Dig At China
External Affairs Minister S Jaishankar took an ind... moreExternal Affairs Minister S Jaishankar took an indirect dig at China during his ongoing visit to Africa.
07.07 / 08:05
UPS Citi Waters Remark Continental NOT India is not 'extractive economy' and is not pursuing 'narrow economic activities' in Africa: Jaishankar
Jaishankar has said that, unlike some other countries, India is not «an extractive economy» and it was not pursuing «narrow economic activities» in the resource-rich African continent. Jaishankar, who arrived here on Thursday after visiting Zanzibar, made these remarks while addressing the Indian community in Dar-es-Salaam city of Tanzania. «Had a lively interaction with members of the Indian community in Dar es Salaam.
06.07 / 08:41
Landmark Align Remark International Historic Milestone: IIT Madras Pioneers International Campus in Zanzibar, Tanzania
Marking a significant milestone in educational diplomacy, the first-ever campus of the Indian Institute of Technology (IIT) outside India is set to be established in Zanzibar, Tanzania.
06.07 / 05:33
UPS Cooper Indian ‘First IIT campus beyond Indian borders finds its home in Tanzania’, says MEA
National Education Policy (NEP) 2020 recommends that "high performing Indian universities will be encouraged to set up campuses in other countries". The campus, named IIT Madras at Zanzibar, is set to commence operations in October 2023 and will initially admit 50 undergraduate students and 20 master's students.
06.07 / 04:45
UPS Provident MET IIT to set up first overseas campus abroad in Tanzania
IIT campus to be set up outside India will be in Zanzibar, Tanzania. A Memorandum of Understanding (MoU) for setting up of campus of IIT Madras in Zanzibar- Tanzania was signed between the Ministry of Education (MoE), IIT Madras and Ministry of Education and Vocational Training (MoEVT) Zanzibar- Tanzania on Thursday in the presence of Dr. Hussein Ali Mwinyi, President of Zanzibar and Dr.
02.07 / 04:17
Provident Cooper Manufacturing Continental HAL India, Tanzania finalise five-year roadmap to expand defence collaboration including equipment & tech
S Jaishankar’s proposed trip to Tanzania next week India and Tanzania have finalised a five-year roadmap to expand bilateral defence cooperation including in areas of infrastructure building and collaboration in military equipment and technology. Both sides agreed on the roadmap at the second edition of India-Tanzania Joint Defence Cooperation Committee (JDCC) meeting that was held in Arusha (Tanzania) on June 28 and 29.
06.06 / 18:56
Blockchain Adoption regulation Sustainability Charity Africa PHILANTHROPY Standard A missing link in social giving: A SocialFi platform based on the gold standard
While social giving is seen as a key element in supporting the international development agenda, managing donations requires end-to-end clarity on the movement of funds. In its current state, donation management lacks reliable traceability features, making it difficult for donors to understand how their contributions are being used. The lack of transparency, coupled with the inefficient bureaucratic processes of cross-border fund transfers, creates a barrier that discourages potential donors from reaching out to regions in need.

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