Economic perspectives of over 16,000 people seeking only 117 jobs

>Tanzanian shilling has been declining in relation to the major global currencies such as the US dollar in the recent past. In the week starting January 19, 2015 we observed the exchange rate of $1 for over Sh1,800.

>The 16th ordinary meeting of the heads of states of the East African Community (EAC) was held on the 20th February 2015 in Nairobi Kenya. These Presidents of Tanzania, Kenya, Uganda, Rwanda and Burundi made a number of resolutions. Among them is the resolution to speed industrial development in the regional block through banning importation of second hand clothes and vehicles popularly known as mitumba in Kiswahili.

 At least 36,186 jobs will be up for grabs by teachers who have graduated from various higher learning institutions.

>At least 70,000 self-employment chances were created for marginalised youth in the past three years in the country through a programme under the International Labour Organisation (ILO) dubbed ‘kazi nje nje.’

Lonmin announces 6,000 jobs cuts in South Africa as it scales back its mining operations due to the falling price of platinum.

Job seekers attend a Job Expo job fair in Boston, Massachusetts The US added 209,000 jobs in July, adding to optimism that the country’s recovery continues apace. The unemployment rate ticked up slightly to 6.2%, latest data from the Bureau of Labor Statistics has shown. The biggest job gains were in professional business services and manufacturing jobs. On Wednesday, the Commerce Department said the US economy grew by a better-than-expected 4% during the April-to-June period. In an...

>Between 100,000 and 150,000 jobs are projected to be generated as the oil sector transitions from exploration and appraisal to development and eventual production, according to a study conducted by three joint venture partners.

Up to 700,000 job opportunities are set to be created in 2014/15 fiscal year, minister for Labour and Employment Gaudensia Kabaka told Parliament yesterday.

>The government yesterday announced it would hire 31,056 primary and secondary school teachers next month to end the anxiety that has gripped thousands of graduates who have waited for nearly two years for employment.