As a registry mandated to receive application and process mining licenses, the Ministry of Energy and Minerals (MEM) up until recently has been lagging behind in terms of the technological catchup and simplification of the procedures. A lot of paperwork and unjustified bureaucratic personnel intervention had a hand in unnecessary delay in the process. In […]
Ministry of Energy and Minerals invites Investors to Invest in Energy Production in Partnership with the Government.
In a move calculated to rid of and unburden the Tanzania Electric Supply Company Limited (TANESCO) from the power production hustles, the Ministry of Energy and Minerals (MEM) has officially announced its intention to partner up with private investors towards the power production issue. According to MEM’s Commissioner for Energy and Petroleum Development in a […]
Tanzania’s buoyant Capital Market set to be boosted by new products in the market
Introduces corporate retail bonds from Exim Banks Laying out infrastructure for derivatives trading The commodity exchange set to come alive As the investment and business sector got to a standstill in 2015, the capital markets side of the business was not an exception. Marred by a political uncertainty apprehensiveness, investors chose to jump fence and […]
Tanzania marginally improving according to the 2016 World Bank’s Doing Business (DB) Report.
Holds the 139th slot in the overall rankings A spot higher than previous year (DB Report 2015) Neighbouring East African countries pull away as their business environments thrives. Each year, the World Bank releases its global report on business environments around the world, analyzing the conduciveness of the countries’ business enhancement culture, as well as […]