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International News

IMF Raises Concern Over Tanzania’s Government Policies

Tanzania’s economy will be subdued if recent government policies and legislation continue, threatening to hit growth in East Africa’s third largest economy, an International Monetary Fund report seen by Reuters on Thursday said. President John Magufuli’s government has embarked on an ambitious program of industrialization, but foreign investment in the

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World Bank Approves Shs1.8 Trillion To Support Refugees In Uganda

By Drake Nyamugabwa The World Bank has approved US$ 500 million (Shs1.8 trillion) to support Uganda’s Refugee Programme. The World Bank Vice- President for Africa, Hafez Ghanem made the announcement while meeting the Minister of Finance, Planning and Economic Development, Matia Kasaija at the on-going World Bank /International Monetary Fund

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