Delayed funds push project costs up, says CAG

IPPmedia
Tanzanian president says Eurobond would be delayed if costs too high
Reuters
DAR ES SALAM (Reuters) - President Jakaya Kikwete said on Friday that Tanzania aimed to launch its debut Eurobond worth at least $700 million in the next financial year starting in July and could seek more if conditions were favorable or delay if costs were ...
Govt pledges to strengthen public-private partnershipsIPPmedia
Tanzania President declared 'most outstanding African leader'Coastweek
Membe stresses...

>Commencement of massive rehabilitation of the 110 kilometre Arusha-Holili road which was expected to have kicked off last month will be further delayed until April next year.

Leaders counselled on proper use of project funds
Daily News
LEADERS at the grass-roots level have the responsibility to ensure that funds allocated for national development are properly used. In a meeting with community leaders (shehas) and ward councillors in Zanzibar recently, Deputy Principal Secretary in the ...

The Treasury has disbursed funds to the National Electoral Commission (NEC) in a bid to enable it to meet its targets ahead of the April 30 referendum on the proposed constitution, The Citizen can reliably report.

Councils warned over water project funds
Daily News
THE government has warned district councils against wanton diversion of funds earmarked for water projects to other uses. The warning was issued here by the Deputy Minister in the Prime Minister's Office (Regional Administration and Local Government), ...

>The completion schedule of a project to rehabilitate Mwanza Airport has been interrupted due to government failure to deliver funds to the contractor in time.

Standard Chartered funds US$1.46bn for Tanzania's SGR Project  African Review

The Parliamentary committee for Local Authority Accounts Committee (LAAC) yesterday advised the government to remove MPS seating allowance and allocate the fund to other crucial groups in the country.

The recently released Controller and Auditor General (CAG)’s report reveals huge amount of unspent money meant for HIV/Aids programme during the 2012/13 Financial Year. A total of 58 councils failed to spend about Sh2.3billion.