The Citizen org
Corroborated stories featuring this entity · 4
The Tanzanian government has allayed fears over the rise in the national debt-to-GDP ratio to 40.7 per cent.
The Tanzanian government has allayed fears over the rise in the national debt-to-GDP ratio to 40.7 per cent.
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The current level of the national debt-to-GDP ratio is largely due to borrowing used to finance mega projects aimed at boosting economic growth and improving the living standards of citizens.
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The national debt-to-GDP ratio in Tanzania has risen to 40.7 per cent.
The national debt-to-GDP ratio in Tanzania has risen to 40.7 per cent.
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The rise in the national debt-to-GDP ratio is largely due to borrowing used to finance mega projects aimed at boosting economic growth and improving the living standards of citizens.
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Tongaat Hulett has been saved from liquidation at the 11th hour, saving at least 250,000 jobs across the country’s sugar industry value chain.
Attempts to take over Tongaat Hulett have been shadowed by suspicions that the initiative is driven by politically exposed Zimbabweans pushing to externalise their cash and their influence by gaining control of the sugar value chain in Southern Africa.
Attempts to take over Tongaat Hulett have been shadowed by suspicions that the initiative is driven by politically exposed Zimbabweans pushing to externalise their cash and their influence by gaining control of the sugar value chain in Southern Africa.
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A last-minute agreement between Tongaat Hulett’s business rescue practitioners, the Industrial Development Corporation (IDC) and the Vision Group averted the liquidation of Tongaat Hulett.
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