Dar es Salaam. Good morning! The Chanzo is here with a rundown of major news stories reported in Tanzania on Tuesday, January 23, 2024.
CHADEMA pro-democracy demos: Will Tanzania’s opposition party prove doubters wrong?
Tanzania’s main opposition party, CHADEMA, expects a final notification today, January 23, 2024, from the police on whether or not its planned pro-democracy protests will go ahead on Wednesday amidst doubts about whether the centre-right party will bring people to the streets and accomplish its intended goals.
CHADEMA has invited its members, supporters and Tanzanians, in general, to come out en masse on Wednesday to protest against the proposed key electoral legislations, the high cost of living crisis and the stalled constitution-writing process, three key agendas it believes top Tanzanians’ priorities.
Things went slightly awry on Monday after the Dar es Salaam special zone police commander Jumanne Muliro contradicted the CHADEMA national chairperson’s earlier explanation that the law enforcement agency had allowed the demonstrations to go as planned.
Full story here.
Tanzania will spend Sh17.6b monthly servicing its Sh1.48t debt with Iran
Tanzania and Iran have entered into a formal agreement that will see the former spending about US$7 million –or Sh17.6 billion – monthly to service its debt with the West Asian nation, it has been revealed.
According to reports by the Iranian press, the deal was signed by Tanzania’s deputy minister of finance, Hamad Chande and Ali Fekri, the director-general of Iran’s Organisation for Investment, Economic and Technical Assistance.
Tanzania and Iran have agreed that the payment will be made monthly based on the agreed schedule that was kept from the public.
Full story here.
Tanzania Joining Mining Indaba: Why Does It Matter?
Tanzania will participate for the first time in the African Mining Investment Conference scheduled for February 5 to 8, 2024, in Cape Town, South Africa, the statement issued by the organisers on Tuesday revealed.
Mining Indaba, described as a place for deal sourcing and corporate matchmaking for the African mining industry, expects to bring together about 900 investors, 40 sectoral institutions, and approximately 1,000 executives from large companies worldwide to South Africa.
According to organisers, the conference will serve as an important platform for the participating countries to build and strengthen relationships and business networks in the mining sector. It first occurred in 1994.
Full story here.
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