Broke, but not broken, KQ in deep cash crisis

At the 2012 London Olympics, before 80,000 roaring fans and a constellation of camera flashes, it took Oscar Pistorius 45.44 seconds to become a global icon.

President John Magufuli’s Cabinet which is yet to be constituted is likely to face a cash crisis, with signs that the government is running on a shoestring budget while things are not sitting pretty with the taxman.

>The Tanzania Centre for Democracy (TCD) faces financial uncertainty after failing to abide by the memorandum of understanding (MoU) it signed with the office of the Registrar of Political Parties, The Citizen can reveal today.

Overwhelmed by huge debts, the management of Moshi-based co-operative society has now started selling some of its assets to pay debts running into billions.

The Controller and Auditor General’s (CAG) report on the finances of political parties, which was handed over to the Parliamentary Public Accounts Committee on Tuesday, paints a disturbing picture.

>Few people in Tanzania, young and old, can tell with precision the events that led to the outbreak of World War I (1914-1918).   Even fewer know about the participation and the role that Africa and Tanzania played and the impact it has on the social and economic aspect of their lives.

A Russian airliner which crashed in Egypt's Sinai peninsula, killing all 224 people on board, broke up in mid-air, a Russian official says.

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>The government has admitted that it has been operating on a shoestring budget for the past six months.