EDITORIAL: Spend our money wisely

Tanzanians were all ears last Thursday, hoping against hope that the 2014/15 Budget would have a positive impact on their lives and the nation in general. It was not to be, unfortunately.

The curtain is about to fall on the transfer window and top flight clubs are racing against time to plug the missing links.

Today is Christmas Day. This annual event – meant to commemorate the birth of Jesus Christ – is taking some new dimensions that go beyond what one would expect from a religious commemoration.

>The Sh500 banknote is being phased out in the wake of the Sunday launch of the new coin bearing the same value. It is a most welcome move, and we say kudos to the brains at the Bank of Tanzania who came up with the idea.

A new report by the British market intelligence firm Business Monitor International (BMI) has ranked Tanzania highly in terms of attracting investment in the natural gas sector in Africa.

The East African Community (EAC) has been challenged to utilise funds from donors to implement the intended projects and programmes.

>The European Union yesterday joined the Cybercrimes Act debate and urged President Jakaya Kikwete to listen to those who are opposed to the new law and decline to sign it.

Deputy Finance minister Mwigulu Nchemba has urged local pension and social security funds to think of investing in sectors that attract less investment but vital to boosting the country’s economic development.

IN BRIEF: In recent year, we have seen a tremendous increase of mobile applications across many countries – It is like everyone want to come with a mobile application for many reasons. On the other hand, the rate of fake and malicious mobile applications is rapidly growing posing major security risk to mobile users.

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 Mobile application developers are now facing threats to customers and application data as automated and sophisticated attacks increasingly...