EDITORIAL: Contain the shilling and manage the cost of living

>Dar es Salaam residents pay more to access basic needs than their counterparts in Nairobi and Kampala, a new study shows.

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>The Tanzanian shilling is in very bad shape, so much that some analysts describe it figuratively as a currency that is in its death throes. It is cause for concern for us all, for it pains that while you could have purchased a dollar at around Sh600 in the late 1990s, you have to cough up Sh2,000 today for a single greenback.

When the outgoing Member of Parliament for Mwibara, Mr Kangi Lugola, displayed cheap imported goods in the National Assembly on June 17, 2015, to show why the shilling fell freely between January and June this year, some may have thought it was an isolated case.

The distance between Dar es Salaam and Nairobi, for instance, is just 670km, yet a return ticket between the two cities costs some $600 (Sh1,008,000). 

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