Brics dream on financial institution to materialise

The Guest of Honour; the Deputy Minister for Finance Hon. Adam Malima (MP) presenting the award of the Best Presented Financial Statements under the category of Regulators applying IPSAS to the Social Security Regulatory Authority, Director General Mrs. Irene Isaka . The Guest of Honour; the Deputy Minister for Finance Hon. Adam Malima (MP) congratulating SSRA for emerging the 1st Winner of the Best Presented Financial Statements under the category of Regulators applying IPSAS. 2nd left is...

The Brics group of emerging economies launches its New Development Bank in Shanghai, seen as a rival to the World Bank and IMF.

The so-called BRICS countries - Brazil, Russia, India, China and South Africa - agree to create a $100bn development bank and emergency fund.

Tanzania must fight corruption and increase accountability for the country to fully utilise the advantages of international development cooperation.

Indian Prime Minister Narendra Modi headed to Brazil yesterday for a meeting of the Brics group of emerging powers, hoping to seal the long-discussed deal to open a new development bank.

The launch last week of a development bank and an emergency reserve fund by the Brics -- Brazil, Russia, India, China and South Africa -- appears to be a concrete attempt to address inequities created by European and American dominance at the World Bank and the IMF.

Economists wary of BRICS initiatives, transparency snags
IPPmedia
Experts have cautioned the government to be careful in handling foreign investors coming to the country offering contracts without transparency. Participating in a debate organized by Policy Forum over the weekend in Dar es Salaam to evaluate investments ...

NHC named most open public institution
Daily News | The National Newspaper (press release) (blog)
THE National Housing Corporation (NHC) has been named the most open government institution following a study conducted by the Media Institute of Southern Africa, Tanzania Chapter (MISA Tan). 0 Comments. On the other hand, the Ministry of East Africa ...

Tanzanian police are seen as the most corrupt institution: survey
Coastweek
DAR ES SALAAM (Xinhua) -- A recent survey has showed that Tanzanians view their police as the most corrupt institution in the east African nation. Tanzanians also view corruption as very common in some government sectors, including politics, tax, land, ...