tanzania opens government
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Tanzania opens government debt market to all overseas investors

Tanzania has relaxed its foreign exchange regulations to permit all international investors to purchase government-issued Treasury bills and bonds.

The Bank of Tanzania announced that the policy change aims to deepen domestic financial markets and position the country as an attractive investment destination.

Participation in government securities was previously restricted to residents of the East African Community, the Southern African Development Community, and the Tanzanian diaspora.

President Samia Suluhu Hassan’s administration is seeking fresh revenue options following recent reductions in aid from international partners.

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    Taliban mark five years in power

    KABUL: The Taliban on Saturday marked five years since returning to power in Afghanistan, staging a military parade in Kabul and presenting their rule as a period of stability despite mounting humanitarian and human rights concerns. Armoured Taliban vehicles moved past the former US embassy in Kabul as officials raised flags and banners for what the government called “victory day” over Western domination. Interior Minister Sirajuddin Haqqani said in a video message that the Taliban’s return resulted from “morale, courage” and “divine assistance.” He also acknowledged that the country still faces unresolved issues and problems. The United Nations and international aid organisations have warned that Afghanistan continues to struggle with severe humanitarian and natural crises. They have also criticised the Taliban’s restrictions on women and girls. According to UNESCO, the Taliban have kept around 2.5 million girls and women out of secondary schools and universities since 2021 and imposed restrictions on their movement. UN Women reported this week that half of Afghan women now leave their homes only once or twice a month. The Taliban maintain that they uphold women’s rights under Islamic Sharia law. The group has also faced security challenges, including a series of attacks on officials in northeastern Afghanistan. Islamic State claimed responsibility for the killing of the Taliban’s information director in Badakhshan in late July. The mayor of the provincial capital was also killed in an attack on Thursday, according to local media. The Taliban seized power in August 2021 as US and allied forces withdrew from Afghanistan. The group initially promised a more moderate form of government than during its previous rule in the late 1990s and early 2000s. However, rights groups say its policies have instead imposed sweeping restrictions on women and girls. Five years after returning to power, the Taliban government still lacks broad international recognition. Russia remains the only country to have formally recognised it. Meanwhile, relations with Pakistan have deteriorated. Islamabad accuses Kabul of allowing Pakistani militants to operate from Afghan territory, adding further pressure to an already strained relationship.

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    AJK polling postponed in LA-27 after landslides

    MUZAFFARABAD: Polling for the Azad Jammu and Kashmir (AJK) Legislative Assembly constituency LA-27 Muzaffarabad-I was postponed on Sunday after heavy monsoon rains and landslides cut off key roads, preventing election officials and polling materials from reaching voting stations on time. According to the AJK Election Commission, severe weather disrupted transportation routes across parts of the constituency, making it impossible for polling staff and election equipment to arrive before the scheduled start of voting. As a result, polling in the constituency was suspended for the day. The commission said the decision was taken after assessing the situation on the ground and consulting the district administration, which had been working to reopen blocked roads since early morning. However, despite continued efforts, several affected routes remained inaccessible due to landslides and debris caused by the intense rainfall. Election authorities announced that a new polling date for LA-27 Muzaffarabad-I would be declared later in the day, with an official announcement expected at 2pm. The Election Commission expressed regret over the inconvenience caused to voters and appealed for public cooperation, stressing that the postponement was necessary to ensure the safety of election personnel and to conduct the electoral process in a fair and orderly manner. While polling was halted in LA-27, voting in all other constituencies across Azad Jammu and Kashmir continued according to schedule under security arrangements. Election officials said polling activities elsewhere remained unaffected by the weather. The suspension highlights the challenges posed by the ongoing monsoon season in the mountainous region, where heavy rainfall frequently triggers landslides and road closures, disrupting transportation and public services. Authorities said they were closely monitoring weather conditions and coordinating with local administration to restore road access as quickly as possible so that polling in the affected constituency can be held without further delay. Voters in LA-27 have been advised to stay updated through official Election Commission announcements regarding the revised polling schedule and any additional instructions.

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    Mushfiqur breaks Bangladesh record before Australia Test

    SYDNEY: Bangladesh’s veteran wicketkeeper-batter Mushfiqur Rahim created a unique record before even taking the field in his first Test match in Australia, adding another milestone to an already remarkable international career. Mushfiqur entered the Australia Test having already played 103 Test matches, making him the most experienced player ever to feature in a Test in Australia for the first time. The achievement underlined the longevity of his career. While most players make their first appearance in a country relatively early in their Test journey, Mushfiqur reached the landmark after more than a century of matches. Before him, the record among Bangladeshi players belonged to fellow batter Mominul Haque, who had played 78 Tests before making his first Test appearance in Australia. Mominul now moves to second place on the list, while Mushfiqur’s 103-match experience puts him well ahead of the previous mark. The Bangladesh veteran’s achievement also eclipsed a record previously held by former Sri Lankan captain Marvan Atapattu. Atapattu played his first Test in Australia in 2004 after appearing in 73 Tests, making him the most experienced player to make a first Test appearance in the country at the time. Mushfiqur’s milestone therefore represents another significant chapter in a career that has made him one of Bangladesh’s most accomplished Test cricketers. However, the Bangladesh star’s achievement in Australia is not the biggest record of its kind in Test cricket. That global record belongs to England fast-bowling great James Anderson, who had played an extraordinary 175 Tests before making his first Test appearance in Pakistan. Mushfiqur’s milestone nevertheless stands out as a remarkable testament to his consistency and longevity. At 103 Tests, he arrived in Australia not as a newcomer to Test cricket, but as one of Bangladesh’s most experienced players — making his first Test in the country a historic occasion before the match had even begun.

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    Moroccan footballer dies while trying to reach Ceuta

    Moroccan footballer Faten Ben Omar Al-Azizi has reportedly died after drowning while attempting to reach Ceuta, the Spanish-administered territory on the North African coast. According to local media reports, Al-Azizi had previously represented Moghrib Atletico Tetouan, and news of her sudden death has left Morocco’s football community in shock, particularly football circles in Tangier and northern Morocco. Reports suggest that the footballer attempted to make the dangerous journey to Ceuta by sea, but the trip ended in tragedy. She lost her life after encountering difficulties during the crossing, highlighting the severe risks faced by people who attempt to reach the Spanish territory through irregular migration routes. The incident comes amid growing attempts by migrants in northern Morocco to reach Ceuta by sea. Rough waters, strong currents and other dangers along the route have led to several deaths in recent weeks, with many people risking their lives in the hope of reaching European territory. Following Al-Azizi’s death, her former teammates, friends and members of the Moroccan football community expressed deep sorrow and paid tribute to her. Those who knew her described her as a hardworking, talented and kind-hearted person who made a positive impression on those around her. Her death has also drawn attention to the dangers associated with irregular migration routes in the region, where difficult sea conditions can quickly turn attempts to cross into deadly tragedies.

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    7.4-magnitude quake hits Colombia, killing 26

    A powerful earthquake struck western Colombia on Monday, leaving at least 26 people dead and causing widespread damage across several cities. The United States Geological Survey recorded the earthquake at magnitude 7.4. It struck at around 7:34am local time, with its epicentre near San José del Palmar in the Chocó region at a depth of about 107 kilometres. The tremor was felt across much of Colombia and in neighbouring Venezuela, Ecuador and Panama. Authorities warned residents to remain alert as aftershocks were recorded following the main earthquake. Local officials reported deaths in several parts of the country. Three children were among those killed in Calima El Darién after a wall collapsed. Other fatalities were reported in Zarzal, Buenaventura, Manizales and Pereira. Pereira officials reported 18 deaths, while authorities in Manizales confirmed additional fatalities. Rescue teams continued assessing the situation as reports of casualties and damage were updated. Cali was among the worst-affected cities. Mayor Alejandro Eder said at least 20 buildings had collapsed, with people reportedly trapped under the rubble. He requested additional rescue personnel from Bogotá and Medellín to assist emergency teams. Residents were urged to leave buildings if they noticed major cracks or believed the structures were unsafe. Serious damage was also reported in Quibdó, the capital of Chocó. Regional authorities said several people were injured and buildings were damaged. Rescue workers were deployed to assess affected areas and search for people who may be trapped. Manizales also suffered significant structural damage. Images and videos showed part of the Cathedral Basilica’s clocktower leaning dangerously. A five-storey building was also seen collapsing as people evacuated nearby areas. The earthquake caused panic in Bogotá, where residents rushed out of homes and workplaces. Emergency sirens sounded across parts of the capital. People gathered in streets as buildings and traffic lights shook during the tremor. Bogotá authorities initially reported cracks in some structures but said there was no immediate indication of major infrastructure damage. The earthquake also disrupted air travel. Colombia’s civil aviation authority suspended operations at several airports after damage was reported at facilities in Pereira, Manizales, Quibdó, Armenia, Cartago and Buenaventura. Operations at Popayán airport were also suspended because of volcanic ash. Officials said the Colombian Geological Service recorded two aftershocks, measuring 2.8 and 4.8. The stronger aftershock was widely felt. Colombian authorities described the earthquake as the strongest recorded in the country in roughly a decade. Emergency agencies continued damage assessments while rescue operations remained underway. President Abelardo De La Espriella said he had taken direct charge of the emergency response. He ordered the creation of a unified command centre to coordinate rescue and relief efforts and said he would travel to Pereira to monitor the situation. The disaster comes less than two months after powerful earthquakes struck Venezuela on June 24. Those quakes killed more than 6,100 people and caused extensive destruction.

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    Karachi receives light rain as PMD forecasts more …

      Parts of Karachi experienced light rain and drizzle on Saturday afternoon, bringing a welcome drop in temperatures and creating pleasant weather across the city. The Pakistan Meteorological Department (PMD) has predicted that this spell of wet weather will continue over the next two days, with additional rain and thunderstorms expected in different parts of the metropolis. Light showers and drizzle were recorded in several neighborhoods, including Surjani Town, Gulshan-e-Maymar, and various suburban areas. Residents enjoyed cooler conditions after the rainfall, while cloudy skies covered much of the city. According to the PMD, Karachi is expected to remain mostly cloudy, with chances of light to moderate rainfall accompanied by thunderstorms during the coming 48 hours. Earlier forecasts had also warned of windstorms and thunderstorm activity, particularly during the afternoon and evening. Meteorological officials explained that the weather pattern is being influenced by a low-pressure system that had previously developed into a depression but has now weakened into a low-pressure area. The system is currently located over southeastern Rajasthan in India. Although it has weakened, it continues to draw moisture-laden monsoon winds from both the Arabian Sea and the Bay of Bengal, resulting in widespread rainfall across different regions. At the same time, a separate westerly weather system is affecting northern parts of the country, further contributing to unstable weather conditions. The PMD warned that these combined weather systems are likely to trigger thunderstorms, gusty winds, and rainfall in several districts of Sindh. Authorities also cautioned that heavy downpours in some areas could lead to urban flooding, especially in low-lying localities where drainage systems may become overwhelmed. The department stated that rain accompanied by strong winds, thunderstorms, and windstorms was expected over the next three to six hours in several districts, including Tharparkar, Mithi, Umerkot, Mirpurkhas, Badin, Thatta, Sanghar, Tando Muhammad Khan, Tando Allahyar, Hyderabad, Matiari, Jamshoro, Shaheed Benazirabad, Ghotki, Khairpur, Jacobabad, Dadu, Larkana, Sukkur, and nearby areas. Residents in these regions have been advised to remain cautious and stay updated with official weather advisories. In response to the forecast, the Sindh government has placed all relevant departments on high alert to ensure preparedness for any weather-related emergencies. Adviser to the Chief Minister on Rehabilitation, Gyan Chand Essrani, directed the Provincial Disaster Management Authority (PDMA), Rescue 1122 teams, and mobile health units to maintain round-the-clock vigilance. He instructed all emergency response agencies to continuously monitor the situation and respond promptly to any incidents caused by heavy rainfall or flooding. To strengthen emergency preparedness, PDMA Sindh has deployed 50 specially equipped response vehicles fitted with dewatering pumps across the province. These vehicles are intended to quickly remove accumulated rainwater from flooded roads and residential areas. Of the total fleet, 10 vehicles have been stationed in Karachi, while 25 have been allocated to Hyderabad and Mirpurkhas divisions. The remaining 15 vehicles have been deployed in Sukkur and Larkana divisions to support emergency operations. Authorities have urged citizens to exercise caution during heavy rain, avoid unnecessary travel, and cooperate with emergency services to ensure public safety throughout the ongoing monsoon spell.

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