Why TZ will soon overtake Kenya in creating millionaires

Njombe. Former Prime Minister Edward Lowassa says Tanzania has all the resources it needs to be the leading economic giant in East Africa, a dream he would attain if elected president.

South Africa is named as the country with the highest number of dollar millionaires in Africa, with Johannesburg at the top.

It is one machine that has earned millions of shillings to the so-called healers or ‘doctors’ of traditional medicine, but one which remains with a dubious medical record.

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From manufacturing, real estate to road transportation, participation of Tanzanian investors is noticed but not in the aviation sector.

>The fall in global prices for gold is creating new dimensions in the measurement of most important sectors of Tanzania’s economy with manufacturing ranking high on the seesaw.

A few weeks ago, I wrote in these very columns, why I strongly felt that Azam FC were better placed to succeed compared to older clubs like Simba and Young Africans.

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