Tanzania

Around 5 Million USD to be Spent on Sanitation and Hygiene Improvement

Around 5 Million USD to be Spent on Sanitation and Hygiene Improvement

Plan of Tanzania's five year programme has been made called as Usafi wa Mazingira Tanzania-UMATA. As a part of the plan, around 5million USD will be spent to improve the sanitation and hygiene is different districts.

Chamwino, Bahi and Kongwa are some districts, where the sanitation work is going to take place. Stephen Kiberiti, Principle Health Officer in the Ministry of Health and Social Welfare, was of the view that poverty level is one of the reasons that has brought a rise in the sanitation and hygiene level.

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New Underwater Hotel room Opens at Tanzania Coast

New Underwater Hotel room Opens at Tanzania Coast

For brave and adventurous ocean-loving travelers, new submerged hotel room has been opened off the seashore of Tanzania. At the underwater room in Manta Resort, which started in Pemba Island, visitors are dropped off at a lodge and are literally floating at sea.

The resort is also known as `the Green Island' in Arabic. Visitors can also take sunbathe on the floor of their personal island space in day and can also have dinner.

But during night, the guests will go underwater where they will sleep with fishes and aquatic environment.

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Development of Mining in Johannesburg Stock Exchange

Development of Mining in Johannesburg Stock Exchange

There has been the revelation of a secondary listing in the stock exchange. The second mining list is of great interest for Ireland’s Kibo Mining firm. It shall be able to introduce the nickel and gold exploration as well as development drive.

There are two flagship projects that Kibo is involved with in Tanzania. "While access to capital is not one of the primary reasons for the listing, the company would like to be in a position where access to capital is facilitated to accommodate future growth”, Kibo said in its prelisting statement.

Wal-Mart Faces Hurdle with Retailer Acquisition in Namibia

Wal-Mart Faces Hurdle with Retailer Acquisition in Namibia

In its efforts to acquire the regional retailer Massmart, Wal-Mart may have to deal with yet another hurdle because the antitrust body in Namibia has stated that it might make an appeal against a recent decision by the high court that ruled in Wal-Mart’s favor.

Last month, Wal-Mart, a company based in the United States, was able to add Namibia to their list of countries they have influence over after Zambia, Tanzania, Swaziland and Malawi all approved a takeover of Massmart in their nations.

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