EA sends to varsity only 4pc of youth

National Bank of Commerce (NBC) has teamed up with Tumaini University Dar es Salaam College (Tudarco) to train youth on how they would use available opportunities to create employment for themselves and employ others in efforts to promote job creation in the country.

A third-year Economics student at Ardhi University, Mr Aman Nguku, has launched a book that challenges the youth to use their human and social capitals to realise their dreams.

Tanzania government plans to cut donor dependency in the coming Budget from the current 14.8 per cent to 8.4 per cent of the total estimates as part of its effort to facilitate smooth implementation of development projects.

Gold mining companies will now pay four per cent of their profit to the government as service levy compared to the 3 per cent they were previously paying following an amendment of the Mining Development Agreements (MDAs) it signed with mining firms in 1999.

A weaker Tanzanian shilling reduced the net profit of the Tanzania Cigarette Company (TCC) by four per cent during the first half of this year, the firm announced yesterday.

>anzania’s economy grew by 7.4 per cent in the first quarter of this year, driven mainly by communication, transport, industry, construction, energy and water sectors, the National Bureau of Statistics (NBS) said yesterday.

Tanzania registered a total of 1.166 million new subscriber identification module (Sim) cards between January and March this year as mobile phone firms grapple to win new clients in an ever expanding market of six players.

Joseph Muya captured  with the acting African Development Bank Vice President on the subject of green energy and development in Africa. Joseph Muya, Alvin Wanyama, pose with Dr, Raymonde Aggousus, the head of HR and Youth Division after candid discussions in her office about the challenges unique to the African Youth and the opportunities that the AU has for the African youth, on her left is Sia Marupa, the TUNZA regional Ambassador. Glory Blasio and Joseph Muya poses for a light moment in...