Tanzania’s National Bank of Commerce Ltd has been fined 1 billion Tanzanian shillings ($435 000) for failure to establish a data centre in the East African nation, the second bank in two months to be penalized for such a breach by the central bank.
South African authorities have impounded an Airbus 220-300 aircraft leased by Tanzania’s national flag carrier, the Tanzanian government said.
The SADC summit in Dar es Salaam, Tanzania, concludes on Sunday following a key language announcement and a commitment to industrialisation of the region.
The outgoing Chairperson of the Southern African Development Community (SADC) – president Hage Geingob of Namibia – has announced that Kiswahili will be one of the official languages in the SADC bloc.
South Africa and Tanzania have pledged to boost trade investment during a state visit to Dar Es Salaam by President Cyril Ramaphosa.