DHL invests over Sh4 billion in two-year expansion plan

The Tanzania Commission for Universities (TCU) plans to introduce a five-year skills development strategy to curb a mismatch between job market needs and quality of graduates produced in the country’s higher learning institutions.

>Tax exemptions are still on the rise and cost the government at least Sh4.6 billion in the past two years, according to tax analysts.

Swala Oil and Gas Tanzania, a subsidiary of Australia-listed Swala Energy, is seeking to raise Sh4.8 billion in the coming Initial Public Offering (IPO) as the regulator approved the company’s prospectus.

Tanzania: Sh4 Billion Uhuru Day Cash for City Road
AllAfrica.com
Dar es Salaam — President John Magufuli's decision to cancel this year's Independence celebrations has saved Sh4 billion, State House said yesterday. President Magufuli has now directed that the money be used for the expansion of a 4.3 kilometre ...

Kibo Palace, one of the leading tourist hotels in Arusha, plans a major expansion costing Sh14 billion, the managing director Vincent Laswai, announced last week.

The London Stock Exchange (LSE)-listed Fastjet, has raised $75 million (about Sh138.75 billion on the existing exchange rate) to finance its expansion into various African routes.

The First National Bank (FNB) Tanzania will this year open branches in Arusha and Mwanza.

DHL Aviation, a part of DHL Express, the world’s leading international express services provider, has received the highly acclaimed award in the International All Cargo Carrier of the Year in Africa category at the STAT Times’ International Awards for Excellence in Air Cargo, held in Johannesburg, South Africa, on 26 February. The award winners are nominated and voted for by the worldwide readers of STAT TIMES, the dedicated trade publication for the global aviation and air cargo...

The World Economic Forum brought together political, business and civil society leaders to discuss economic development issues. It also attracted a host of entrepreneurs, among them Forbes' youngest member of the rich list, Mohammed Dewji, Group Chief Executive Officer of Mohammed Enterprises Tanzania. CNBC Africa's Bronwyn Neilson spoke with him about the company's expansion on the continent. Source: … ...