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Special fund to cater for natural resource earnings

Deputy Energy and Minerals Minister Stephen MaseleTHE government is planning to establish an investment fund, Sovereign Wealth Fund (SWF), to serve as a catalyst for national development by diversifying the economy through the use of revenues from such natural resources as oil and gas.

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Judiciary to clear all pending cases by December

THE Judiciary is determined to clear all old cases and by December, this year, 88 per cent of those cases that have been pending in court for more than 10 years will be disposed off, it was revealed in Dar es Salaam on Wednesday.

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Africa toasts JK’s leadership

President Jakaya KikweteTANZANIA’s leadership style has been hailed as exemplary on the continent, as President Jakaya Kikwete reiterated that he would be ending his term contented and happy with his government’s achievements.

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NHC chief salutes Ethiopian firm

Mr Nehemia MchechuETHIOPIAN construction company, Flintstone Engineering, which won an over 5.9bn/- tender to construct residential apartments at Shangani in Mtwara Region earlier this year, is doing a good job on the ground.

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CAG asked to check Absa deals

PAC Chairman Zitto KabweTHE Parliamentary Public Accounts Committee (PAC) has asked the Controller and Auditor General (CAG) to scrutinise privatisation and subsequent contracts between the government and National Bank of Commerce (NBC) under the management of Absa Group of South Africa.

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Dutch lawyer urges state to clarify on escrow account

A DUTCH lawyer, Dr Camilo Schutte, has called on the government to stand firm and clear the confusion regarding funds that were deposited in the escrow account at the Bank of Tanzania (BoT).

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Delegation of British investors jets in Dar

FOREIGN investors have been advised to research the market and systematically verify local partners before taking any further steps so that in the end both parties will benefit.

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Health fund sends specialists upcountry

THE National Health Insurance Fund (NHIF) has started a programme to send specialist doctors upcountry to provide much needed medical services to the people.

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Delayed drug trafficking case irks court

THE Kisutu Resident Magistrate's Court in Dar es Salaam ordered the prosecution to speed up investigations in a drug trafficking case against Mariam Said and Abdullatif Fundikira.

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