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Today: May 20, 2012
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TANZANIA NEWSPAPERS

ATCL’s Dash 8-300 aircraft that skidded off the runway at Kigoma airport.  Picture: File China Sonangol International Holdings Ltd, the Chinese government investment firm, has been plunged into fresh controversy following revelation that it procured obsolete aircraft for the Tanzanian flag carrier.

Serena Hotel in Dar es Salaam,  formerly known as Movenpick, was sold to a new investor in a   multimillion-dollar deal, we can authoritatively reveal.

Tanzania won high praise on Friday for exemplary implementation of projects under the 698 million US dollars compact provided by the Millennium Challenge Corporation (MCC), the US government arm said it had no qualms negotiating a follow-up package.

The government has directed the Tanzania Bureau of Standards (TBS) Board to suspend its Director General, Mr Charles Ekelege to pave way for investigations over the alleged subcontracting of ghost agents to carry out pre-shipment vehicle-inspection exercise.

There was a rare ray of sunshine in an otherwise overcast market today courtesy of Ophir Energy, the FTSE 250 Africa-focused oil explorer.A day after delivering an encouraging trading statement the firm — backed by billionaire steel magnate Lakshmi Mittal — announced a hefty gas discovery off the coast of southern Tanzania.

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