Job Vacancy at University of Dar es Salaam – Procurement Specialist

Procurement Specialist BACKGROUND  The University of Dar es Salaam through the Government of the United Republic of Tanzania has received financing from the World Bank towards the cost of the Higher Education for Economic Transformation (HEET) Project. Loan No. / Credit No. / Grant No. 166415 and intends to apply part of the proceeds for […]

Why Youth UNEMPLOYMENT is Still ‘the darkness in the world…’

YOUTH: The Indian Ocean islands of Zanzibar like other countries invest a lot of money to solve the problem of youth unemployment with vast contributions from the government and aids organizations. According to a recent World Bank report, unemployment in Zanzibar remains a major problem that needs to be addressed urgently. The report says the […]

World Bank Inject $93B To Fund For Poorest Nations

ECONOMY: The World Bank’s fund to help the world’s poorest nations got a $93 billion injection of cash to help scale up aid for pandemic recovery and other programmes, the institution announced Wednesday. It was the biggest replenishment ever for the International Development Association (IDA), which provides grants for 74 countries, most of which are in Africa, […]

IMF Chief: How Will Countries Deal With Inflation, Amid Omicron Variant?

ECONOMY: The new omicron variant of COVID-19 could slow the global economic recovery, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Friday at a Reuters event in Washington. In its most recent World Economic Outlook, the IMF projected global growth of 5.9% this year and 4.9% next year. The United States and other […]