news and current affairs.
Tanzania seeks investors to boost local drug and device factories
Tanzania's health ministry has given pharmaceutical regulators three weeks to draft an investor pitch aimed at luring capital into domestic drug and medical equipment factories, a push designed to slash import bills and tighten quality controls over medicines reaching citizens. The directive channels responsibility to the Department of Pharmaceutical Services, the Chief Government Pharmacist's office and the medicines authority, tasking them with mapping out partnership opportunities that could seed new production plants nationwide. Expanding onshore manufacturing capacity will grant authorities firmer grip over safety standards while trimming foreign procurement costs that drain government coffers, the minister argued during remarks...
COP30 gives East Africa unity and hope, but little climate cash
East African negotiators emerged from climate talks in Brazil with stronger institutional frameworks but little hard cash, leaving the bloc better positioned for future funding battles yet still short of resources needed to tackle droughts, floods and displacement. The summit sharpened global attention on the region's vulnerability while delegations from Tanzania, Kenya and neighboring states presented a rare unified stance on adaptation finance, debt relief and loss-and-damage mechanisms that could bolster leverage at subsequent conferences and within multilateral climate funds. Structural gains outweighed immediate financial wins, with clearer pathways for national agencies to tap emerging facilities and improved carbon market...
Tanzania markets flat as investors flock to bank stocks and bonds
Tanzania's equity benchmark slipped a negligible three basis points while domestic bond yields climbed into double digits, signaling investor caution toward stocks and sustained appetite for sovereign paper across longer maturities. The Dar es Salaam bourse registered minuscule losses on its all-share gauge, closing near 2,568 points as turnover dried up outside banking counters, where MCB surged 17 percent after announcing a rights offering to bolster capital reserves. Fixed-income activity remained brisk, with treasury instruments spanning 35 days to quarter-century tenors commanding rates between six percent and 13.5 percent as the central bank prepared fresh bond auctions. Analysts advised capital raisers to target dividend-paying...
Oman signs with Airbus for reconfigurable national satellite
Airbus Defence and Space will supply Space Communication Technologies with OmanSat-1, a software-defined Ka-band satellite capable of real-time adjustments to coverage zones and bandwidth allocation while orbiting above the Middle East, East Africa and Asia. The fully reconfigurable platform represents the tenth OneSat order for the European aerospace contractor, which will handle end-to-end delivery spanning spacecraft fabrication, ground control software and launch logistics for the Omani operator. The high-throughput bird targets government networks, hydrocarbon producers, financial institutions, maritime fleets and aviation customers spread across the sultanate's territorial waters and neighboring markets. Derived from the Eurostar...
UAE lets residents pay government fees in instalments with Tabby
The UAE finance ministry has teamed up with Tabby to let citizens split government fees and penalties into monthly chunks through buy-now-pay-later mechanics, marking the first time federal authorities have embraced installment models for public obligations. Tabby fronts the full sum to agencies while customers repay under preset schedules, with commissions charged only when the deferred option is selected. Officials framed the arrangement as a dual win, smoothing revenue flows for ministries while granting residents breathing room on lump-sum demands. The move builds on wider federal ambitions to digitize transactions, widen financial access and modernize collection infrastructure across electronic payment networks nationwide.
Botim money and City Exchange launch digital salary card for UAE workers
Astra Tech's botim money has locked a multi-year deal with City Exchange to roll out co-branded salary cards that funnel wages directly into digital wallets for thousands of Emirati workers, tightening compliance with mandatory payroll safeguards while opening doors to remittances, credit and investment products. The tie-up weaves City Exchange's disbursement rails into the botim app, letting employees tap earnings the instant paychecks land and skip traditional bank branches for transfers or bill settlements. The arrangement bolsters Wage Protection System adoption mandated by the Ministry of Human Resources and Emiratisation, which compels employers to route salaries through approved channels that guarantee punctual delivery. City...
Riverbed debuts Saudi Arabia’s first AI observability cloud
Riverbed will spin up its Aternity Cloud observability platform inside Saudi Arabian borders by early 2026, delivering the kingdom's first software-as-a-service monitoring tool laced with artificial intelligence that satisfies strict data sovereignty mandates. The AIOps specialist has simultaneously planted regional headquarters in Riyadh, staffing the office with a general manager and executive directors to tighten its grip on Middle Eastern and North African accounts as the Gulf state escalates AI budgets by 160 percent year over year. The Digital Employee Experience system ingests telemetry from millions of endpoints, applications and cloud-native services to surface real-time performance bottlenecks across corporate networks. Local...
Ruslan Nigmatullin’s painful divorce and family rift with new love
Russian football legend Ruslan Nigmatullin has remarried at 51, tying the knot with television presenter Evelina Syncha months after a bitter split from his wife of 27 years ended in a property dispute worth tens of millions of rubles. The former goalkeeper accused Elena of refusing his 50-50 settlement offer, which would have handed her a four-bedroom Miami flat, before she demanded full control of assets and fled the country with proceeds from a Moscow apartment sale. Nigmatullin insists his new romance had nothing to do with the marriage collapse, rejecting whispers that he strayed with Syncha while still wed. The fallout has severed ties with his two adult sons, who sided with their mother and stopped responding to contact...
CommScope launches AI-powered Wi-Fi 7 for smarter residential networks
CommScope has rolled out its RUCKUS Multi-Dwelling Unit portfolio, embedding Wi-Fi 7 silicon and artificial intelligence engines to streamline network oversight across apartment blocks and managed residential estates. The package fuses the RUCKUS One MDU 360 platform with a conversational Digital System Engineer assistant that converts dense analytics into plain-language summaries, letting property managers and service providers diagnose performance bottlenecks without specialist training. Hardware anchors arrive as the H670 and R575 tri-band access points, which thread multi-gigabit throughput through wall and ceiling mounts while weaving in Bluetooth Low Energy and Zigbee radios compatible with Matter and Thread protocols for...
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