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Tanzania chides neighbours over forex reserve crisis

President Samia Suluhu Hassan said Tanzania had received requests to offer guarantees for their fuel imports.

She made the remarks on Wednesday while discussing Tanzania’s economic footing.

Quote Message: We have [foreign currency] reserves that can last for four months, our neighbours don’t even have reserves to last for a week.
We have [foreign currency] reserves that can last for four months, our neighbours don’t even have reserves to last for a week.

Quote Message: “We are receiving requests [from neighbours] to offer guarantees for fuel imports. I tell them we are in the same situation – although our economy is stronger.

“We are receiving requests (from neighbours) to offer guarantees for fuel imports. I tell them we are in the same situation – although our economy is stronger.”

Mrs Samia said Tanzania’s economy was the most economically stable in the region at the moment.

 

Source: www.bbc.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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