ClickAfrique takes a look at Tanzania which has been ranked as having the best natural environment in the 2008 Travel & Tourism Competitiveness Report by the World Economic Forum…..

The second annual Travel & Tourism Competitiveness Report 2008 was released recently by the World Economic Forum and this year’s Report, under the theme Balancing Economic Development and Environmental Sustainability, places a particular focus on this issue, both through a reinforced environmental component of the Index used to measure travel & tourism (T&T) competitiveness and through topics covered by the analytical chapters.

In the latest report, 130 countries were profiled and one of the key indices looked at was the country’s natural environment.

Natural environment is a terminology that encompasses all living and non-living things that occur naturally in a region. This includes a few key components such as complete ecological units that function as natural systems without massive human intervention, including all vegetation, animals, microorganisms, rocks, atmosphere and natural phenomena that occur within their boundaries.

It also includes universal natural resources and physical phenomena that lack clear-cut boundaries, such as air, water, and climate, as well as energy, radiation, electric charge, and magnetism, not originating from human activity.

When the natural environment of all the 130 for the Report were examined, the east African country of Tanzania was ranked #1 in the world. The country is bordered by Kenya and Uganda on the north, Rwanda, Burundi and the Democratic Republic of the Congo on the west, and Zambia, Malawi and Mozambique on the south by the Indian Ocean to the east.

Tanzania’s natural beauty is best exemplified by the mountainous region in the north-east of the country, where Mount Kilimanjaro, Africa’s highest peak, is situated. Standing at 5,895 meters (19,340 ft), Mount Kilimanjaro provides a dramatic view from the surrounding plains. The highest point on Kilimanjaro is Uhuru Peak, which is one of the Seven Summits (the highest mountains of each of the seven continents). Due to Kilimanjaro’s equatorial location and high elevation, almost every climate type on earth is represented, including a year-round snow-topped summit.

Central Tanzania comprises a large plateau, with highland areas, plains and arable land. The Great Rift Valley runs through the middle of the country.

The eastern shore is hot and humid, with the island of Zanzibar lying just offshore. Zanzibar is actually an archipelago of several small islands and two large ones: Unguja (the main island, informally referred to as "Zanzibar"), and Pemba.

To the north and west are Lake Malawi (Nyasa) and the Great Lakes of Lake Victoria (Africa’s largest lake), and Lake Tanganyika (Africa’s deepest lake, known for its unique species of fish) which are shared with Malawi, the Democratic Republic of the Congo and Kenya and Uganda respectively.

In the south west of the country are the spectacular Kalambo Falls, which are the second largest in Africa and are located near the southern tip of Lake Tanganyika.

Tanzania’s main river is the Rufiji which lies entirely within the country. The river is formed by the convergence of the Kilombero and Luwegu rivers. It is approximately 600 km (375 mi) long, with its source in southwestern part of the country and its mouth on the Indian Ocean. The river’s delta contains the largest mangrove forest in the world.

Much of Tanzania’s environment is protected by a system of National Parks. The rolling plains of the Serengeti National Park are home to millions of animals and birds including herds of antelope, zebra and wildebeest. These bovids participate in a large scale annual migration. Up to 250,000 wildebeest perish each year in the long and arduous movement to find forage in the dry season. Tanzania is also home to 130 amphibian and over 275 reptile species, many of them strictly endemic and included in the IUCN Red lists of different countries.

Other conservation areas include Arusha National Park, Gombe Streams National Park, Mahale Mountains National Park, Lake Manyara National Park, Ruaha National Park and Tarangire National Park.

The coral island of Chumbe, which forms part of the archipelago of Zanzibar is one of the most well known nature reserves in East Africa and aims to promote awareness of coral reef ecology.

Tanzania has put in a lot of effort to protect its environment as it sees it as a vital tool in bringing in tourists that would help to boost it economy.

A list of African countries and how their natural environments were ranked is shown below.

African Ranking                            World Ranking                                 Country

          1                                                                     1                                                Tanzania
          2                                                                    11                                               Uganda
          3                                                                    17                                               Zambia
          4                                                                    21                                               South Africa
          5                                                                    24                                               Kenya
          6                                                                    31                                               Botswana
          7                                                                    33                                               Zimbabwe
          8                                                                    34                                               Ethiopia
          9                                                                    38                                               Cameroon
          10                                                                  42                                              Namibia
          11                                                                  51                                               Senegal
          12                                                                  54                                               Benin
          13                                                                  61                                               Mozambique
          14                                                                  67                                              Burkina Faso
          15                                                                   70                                              Nigeria
          16                                                                   74                                             Madagascar
          17                                                                   77                                             Mali
          18                                                                   83                                             Burundi
          19                                                                   86                                             Egypt
          20                                                                   91                                             Chad
          21                                                                   93                                             Mauritania
          22                                                                  94                                             Tunisia
          23                                                                  95                                              Gambia
          24                                                                  97                                             Algeria
          25                                                                  114                                           Libya
          26                                                                 118                                            Morocco
          27                                                                 126                                            Mauritius

Source: Click Afrique

Saudi Arabia will increase its oil production by 200,000 barrels a day next month, its oil minister has told the United Nations.

The news was announced after UN Secretary General Ban Ki-Moon met Saudi Oil Minister Ali al-Naimi in Jeddah during a one-day visit on Sunday.

Last month, the Kingdom increased its production by 300,000 barrels a day in an attempt to bring down high prices.

It argues soaring prices are caused by speculators rather than oil shortages.

Oil prices fell by almost $2 on Friday after reports that Saudi Arabia might boost oil production. US light, sweet crude was trading at $134.86 in New York.

Speculative factors

After an earlier meeting with the Kingdom’s King Abdullah, Mr Ban said Saudi Arabia, the world’s biggest oil producer, viewed current prices as "abnormally high".

"He [King Abdullah] acknowledged that the current oil prices are abnormally high due to speculative factors and some other national government policies," Mr Ban said.

"He is willing to what he can to [bring] the price of oil to adequate levels."

On Friday, the Saudi oil minister said current elevated oil prices - which hit a record high of more than $139 (£71) a barrel last week - were unjustified.

Oil minister Ali al-Naimi said a meeting of oil exporters and importers to be held in Jeddah later this month would seek a solution to the unprecedented high prices, the Saudi state news agency said.

Source: BBC News

DODOMA (Reuters) - Tanzania’s economy is seen growing 7.8 percent in 2008, as forecast, and will rise to 9.2 percent in three years time, the finance minister said.

In 2007, the Tanzanian economy grew by 7.3 percent.

"The economy will grow by 7.8 percent in 2008, 8.1 percent in 2009, 8.8 percent in 2010 and 9.2 percent in 2011," Finance Minister Mustafa Mkulo said in an economic survey presented to parliament in Dodoma on Thursday.

Mkulo said the east African country’s GDP grew 7.1 percent in 2007, compared with 6.7 percent in 2006, led by telecommunications, financial services and construction.

"Inflation will be kept below 7.0 percent by the end of June 2009," he said. Average inflation in 2007 was 7.0 percent.

Mkulo released the survey ahead of making the country’s 2008/09 (July-June) fiscal budget speech later on Thursday.

Mkulo’s forecast comes at a time when high food and oil prices are eating into economies worldwide, and this could be a challenge to growth as it fuels high inflation.

Source: Reuters Africa

By JOSEPH MWAMUNYANGE
Special Correspondent

The Tanzania government has finally approved Kenya Commercial Bank’s Amana Islamic suite.

According to KCB-Tanzania head of retail banking Gloria Nyambok, the approval will see the bank introduce the second phase of the Amana suite comprising loan products.

Ms Nyambok added, “The bank consulted an Islamic panel of leading scholars to guide the product development process.”

She said the bank has agreed to abide by the stringent guidelines set by the National Muslim Council of Tanzania. Among these are the establishment of an Amana Banking Advisory Board to oversee the product and the appointment of Shariah-compliance officers.

Muslims make up more than 50 per cent of Tanzania’s population. Existing banking regulations have hindered the introduction of Islamic banking in the past.

The Islamic faith prohibits its members from earning interest on their accounts in any way. Giving and receiving as well as witnessing interest are all prohibited. Islamic banking products therefore do not pay interest on deposits nor demand or receive interest from borrowers.

The bank’s head of corporate affairs Doris Parsons said there would be a free ATM card that is linked directly to the Islamic facility, issued only to Amana Account holders.

KCB Tanzania has cut a niche for itself in the local banking sector for continually introducing competitive products.

Last year the bank introduced Biashara Banking for small and medium enterprises as well as KCB Cub Account for minors. the two products have been very well received.

Source: The East African