Only enabling economy can transform Tanzania

What you need to know:

We must recognise that Tanzania is not the first poor country to discover mineral wealth in its territory.

Some reports put the number of African countries with commercially viable reserves of natural gas and oil at no less than 44! The size of the finds is staggering in some cases and has the potential to radically transform the economies and lives of the citizens of these countries beyond their wildest dreams in a generation. Natural gas discovered in Tanzania is valued at between $350 billion and $500 billion at current prices, more than 10 times the country’s GDP! The problem facing all these countries, however, is how to transform the resource wealth that is still underground today into tangible and meaningful wealth for all African citizens within a realistic time frame. Public expectations are extremely high, outstripping government capacity to deliver and this is the source of most of the noise I referred to earlier.

Only enabling economy can transform Tanzania

What you need to know:

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Dar es Salaam litterbugs face hefty fines and jail under 2024 bye-laws

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Dar es Salaam crackdown: Municipalities clear petty traders from streets and roadsides

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Tragedy at Tanzania’s Himo junction: Court sends mentally unstable killer to psychiatric hospital

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Dar es Salaam litterbugs face hefty fines and jail under 2024 bye-laws

Dar es Salaam crackdown: Municipalities clear petty traders from streets and roadsides

Tragedy at Tanzania’s Himo junction: Court sends mentally unstable killer to psychiatric hospital

Drawing the Line: Why Chadema refuses to work with the government-backed panel