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Tanzania

How a self-taught hotelier proved the naysayers wrong

When Adri Kruger’s husband was diagnosed with cancer four years ago, she was forced to consider what many entrepreneurs give little thought to – a succession plan. “It became very difficult for me to give my full attention to the business, because my husband needed me more. I didn’t have a contingency plan for what would happen to my business if something were to happen to me,” recalls Kruger, the founder of Tzaneen Country Lodge, a four-star hotel situated in South Africa’s northern Limpopo Province. Kruger later appointed Lorraine Ntimana – who joined the lodge as a receptionist about 10 years ago – as the general manager.

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Tanzania: Entrepreneur overcomes financing challenges to launch cashew business

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Within two years of starting his business, Fahad Awadh had been named one of 30 entrepreneurs to watch in Africa by Forbes magazine, and also received a US$500,000 grant from the Africa Enterprise Challenge Fund. Awadh is the founder of YYTZ Agro-Processing, a cashew production company that focuses on exporting high-quality nuts from Tanzania, while working closely with local farmers to ensure they are sufficiently included in the value chain. In 2014, Awadh began looking for a business venture he could invest in – something that entailed value addition in Tanzania.

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Tanzanian Former Beauty Queen Creates Successful Body-Care Brand From Parents’ Backyard

By Ann Brown 

Hellen Dausen may have once been Miss Universe Tanzania, but these days she’s making a name for herself as the founder of Nuya’s Essence, a natural bath and body-care brand that she launched in June 2014. While Nuya’s Essence is now a success, the company’s early days could not be described as promising. Dausen, who was named Miss Universe Tanzania in 2010, started the business by building a soap-making plant in her parents’ backyard in Zanzibar. Unfortunately, it was deemed not up to standard by regulating authorities and Dausen was ordered to destroy it.

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Resource nationalism moves up a gear in Tanzania

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The Tanzanian government has asked Acacia Mining, a subsidiary of the world’s largest gold mining company Barrick Gold, to pay approximately USD$190bn in revised taxes, interest and fines. This latest development is a game changer in a dispute that pits mining companies against President John Magufuli’s government. It makes both nationalisation and mine closures more likely. Until this revised tax notice was served, the overhaul of Tanzania’s mining regime had a great deal going for it. Previous policy had given miners an easy ride. Low taxes and generous licence terms were sweetened by further tax breaks and exemptions. Tanzania’s mining sector contributes nearly 3% to GDP annually.

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