Is Africa rich enough for McDonald’s?

Is Africa rich enough for McDonald’s?

  Three quarters of a century since the opening of the first McDonald’s, the fast food chain operates around 34,000 outfits in around 120 countries and territories across all continents. In sub-Saharan Africa, however, – a region of 48 countries and almost a billion people – only South Africa and

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Air Algerie flight AH5017 crashes: Official

Air Algerie flight AH5017 crashes: Official

  Air Algerie flight AH5017, en route from Burkina Faso to Algiers and carrying 116 people, has crashed, an Algerian aviation official told Reuters. “I can confirm that it has crashed,” the official said, declining to give details of where the plane was or what caused the accident. Here is

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Breaking News: Air Algerie plane disappears from radar

Breaking News: Air Algerie plane disappears from radar

  The official Algerian news agency says an Air Algerie flight from Burkina Faso to Algiers has disappeared from the radar. APS said air navigation services lost track of the plane 50 minutes after takeoff early Thursday, last sited at 0155 GMT. Developing News…. Source: AP

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Tanzania Central Bank Probes Local FBME Deals

Tanzania Central Bank Probes Local FBME Deals

  INVESTIGATIONS are going on against a 10 million euros (over 22.47bn/-) transfer made by an Italian politician (name withheld) through his FBME Bank account in Tanzania, last year. Bank of Tanzania (BoT) and Treasury’s Financial Intelligence Unit have been investigating the money laundering allegations since last year and are

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In Tanzania, Al-Shabab Terrorism Case Adjourned to August 6

In Tanzania, Al-Shabab Terrorism Case Adjourned to August 6

  ALMOST 60 suspects connected to various crimes linked with terrorism, human trafficking and bombing incidences have been arrested around the country within the past two months. The Director of Criminal Investigations (DCI), Mr Issaya Mungulu, said the latest arrests include 25 new suspects who were flushed out in Arusha

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Three Face Money Laundering Charges in Tanzania

Three Face Money Laundering Charges in Tanzania

  FORMER National Microfinance Bank (NMB) official Mtoro Midole and two others yesterday appeared before the Kisutu Resident Magistrate’s Court in Dar es Salaam, charged with conspiracy to commit money laundering, fraud and theft of over 1bn/- belonging to the financial institution. Midole was charged before Senior Resident Magistrate Hellen

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Fastjet Go for More Routes Despite Loss Report

Fastjet Go for More Routes Despite Loss Report

  FASTJET, the budget airline, which reportedly suffered over 80 million US dollars loss last year, will go on with its expansion programme that includes increasing the number of flights on Dar es Salaam to Mwanza, and Dar es Salaam to Lusaka routes. The airline also announced on Tuesday that

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Africa’s most powerful passports List ; Tanzania is 12th on the list

Africa’s most powerful passports List ; Tanzania is 12th on the list

  Seychelles is the African country whose citizens have the most freedom to visit other countries around the globe, while Eritrean passport holders have the hardest time travelling. A new infographic, designed by Rosie Spinks for GOOD magazine, ranks countries according to the number of places their passports can enter

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Kevin Durant And WNBA Star Fiancée Monica Wright Split, And She Blames It On A Difference In Religious Beliefs

Kevin Durant And WNBA Star Fiancée Monica Wright Split, And She Blames It On A Difference In Religious Beliefs

  Around this time last year, news got around that Oklahoma City Thunder star Kevin Durant was engaged to be married to WNBA star Monica Wright, a guard for the Minnesota Lynx. It was a real life Love and Basketball situation (Get it? Monica Wright?)! But sadly, it looks like

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Gas Boom to Transform Mtwara Port

Gas Boom to Transform Mtwara Port

  COME 2030 and the Mtwara Port would be handling some 28 million tonnes of traffic, thanks largely to the gas boom in Mtwara and Lindi regions. Our Staff Writer CHABY BARASA reports.A HUGE leap indeed for the Port located 580 kilometres Southward of Dar es Salaam whose current capacity

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