Tanzania weighs alternatives to Sh240 cashew levy as farmers’ debt burden comes under scrutiny

The government is under pressure to find alternative sources of funding to settle outstanding cashew industry debts and end the Sh240 deduction from every kilogramme of cashews sold by farmers.

The issue was raised in Parliament on Thursday, October 29, 2026, during the Fifth Meeting of the 13th Parliament, when Tandahimba MP Katani Katani challenged the Ministry of Agriculture to stop relying on farmers’ contributions to meet financial obligations accumulated over previous seasons.

Mr Katani asked whether the government could mobilise funds from other sources to clear debts relating to the 2021/22 and 2022/23 seasons, allowing farmers to retain a larger share of their earnings. Responding, Deputy Minister for Agriculture David Silinde said the government was willing to explore alternative funding arrangements but would first consult stakeholders in the cashew industry.

He said the government and the Cashewnut Board of Tanzania (CBT) regularly engaged MPs from cashew-producing regions to review the use of collected funds and consider proposals to improve farmers’ welfare.

‘Whenever we face challenges in one source of funding, we are ready to sit with stakeholders and discuss other areas from which we can raise the required money,’ he told Parliament.

The debate also raised questions about the management of money collected through the cashew export levy, particularly its use in settling historical debts.

Earlier, Lulindi MP Issa Mchungahela had asked how much the board had collected from the export levy since its reinstatement and how the money had been spent.

Mr Silinde said the board collected Sh363.27 billion in the 2024/25 and 2025/26 financial years, comprising Sh183.58 billion in the first year and Sh179.69 billion in the second.

He told Parliament that by June 2026, Sh349.31 billion had been spent on paying suppliers of agricultural inputs distributed to farmers under the subsidy programme between the 2022/23 and 2025/26 seasons.

A further Sh13.37 billion was spent on development projects, while Sh342.33 million was used to settle claims by farmers who had not received payment for their cashew sales during the 2017/18 season.

According to Mr Silinde, the affected farmers had been unable to recover their money following the liquidation of the former Covenant Bank.

However, Mr Mchungahela questioned why money collected from the cashew industry was being used to settle obligations linked to a collapsed bank, arguing that farmers deserved greater clarity on how their contributions benefited them.

Mr Silinde said the government had directed the board to settle the affected farmers’ claims to ease the losses they suffered following the bank’s liquidation.

‘The Sh240 deduction was among the mechanisms used to finance farmers’ needs, including agricultural inputs,’ Mr Silinde explained.

Revealed: Two contrasting sides of a Sh300 billion water project unveiled

In the past, some walked four to five hours to collect a single 20-litre jerrycan. Government interventions and the Same-Mwanga-Korogwe Water Supply Project have improved access for some residents, but in three of the village’s five hamlets, water remains difficult to obtain.

The over-Sh300 billion project, launched in March last year. Upon completion, it is expected to supply 103 million litres of water per day, up from the current 51.5 million litres. Phase One currently serves approximately 100,000 people in Kilimanjaro and Tanga regions.

The government is currently collecting funds for phase two to continue, its start and completion dates remain unknown. Once the entire project is completed, it is expected to serve approximately 450,000 people by 2038. Phase Two of the project is awaiting government funding and its start and completion dates remain unknown. Once the entire project is completed, it is expected to serve approximately 450,000 people by 2038.

Ishinde has five hamlets: Ishinde Stand, Kibaoni Igingo, Kigogo, Kisakeni and Morondwe. Residents of Ishinde Stand and Kibaoni Igingo have seen improvements, but those in the other three continue to face shortages.

The effects extend beyond household needs, affecting children’s school attendance, farming, family budgets and the time available for income-generating activities.

Hours spent searching for water

In Morondwe Hamlet, residents partly depend on a government-provided solar-powered water system. When sunshine is insufficient, however, the system struggles to meet demand. Residents may then spend Sh6,000 to buy five jerrycans of water.

For 75-year-old Mariam Mshana, fetching water remains a physical challenge. She has lived in Morondwe since marrying in 1975 and remembers walking to and from Vumari for up to five hours to collect a single 20-litre jerrycan.

Although the distance has since reduced, she says age makes the task difficult.

‘At my age, I am unable to fetch a lot of water. Carrying one jerrycan, I have to rest two or three times before I get home. In a family of five people, we need more than five jerrycans a day,’ she said.

The shortage also affects children’s education. Some attend school in dirty clothes because their families lack enough water, while others miss classes altogether.

‘When they miss school, parents may be summoned by teachers,’ she said.

Ms Mshana added that previous water initiatives had sometimes collapsed after infrastructure fell into disrepair, forcing residents to resume long journeys in search of water.

Farming affected by shortages

In Morondwe, unreliable water supplies have also undermined farming.

Hamlet chairperson Juma Mshana said residents had previously cultivated more crops when a water project sponsored by the Rotary Club was operational.

‘Morondwe has very fertile land. We used to produce large quantities of crops when we had a water project sponsored by the Rotary Club. That project ended when the new project kicked off. We were left with only one well to serve the entire hamlet,’ he said.

Without reliable water, residents spend more time searching for supplies and less on farming and other economic activities.

‘If we had access to clean and safe water, residents would have no excuse for failing to participate in government initiatives. Not knowing exactly when we will get water, or why we do not have it, kills people’s morale and discourages them from taking part in other social activities,’ he said.

Walking for a bucket

In Kisakeni Hamlet, residents face similar difficulties.

Chairperson Sesilia Mgala said the government had provided a community water tank outside the main Same-Mwanga-Korogwe project, but supplies sometimes stopped for three or four consecutive days.

‘When the Same-Mwanga-Korogwe Water Project was introduced, many of us installed the necessary facilities in our homes because we expected to receive water. Unfortunately, our area was not connected to the project. At my age of 62, how can I continue walking for about an hour just to fetch a bucket of water?’ she asked.

The shortage also affects farmers and livestock keepers, who struggle to irrigate crops and provide water for their animals.

Mr Deusdedit Mchala, a resident of the Mareti area in Kisakeni, said about 16 families faced serious shortages.

‘We can’t build modern houses due to a lack of water. The current economic situation and the rising cost of living have made things even more difficult for us,’ he said.

Mr Mchala added that children sometimes went to school in dirty uniforms and warned that inadequate water supplies could increase health risks during disease outbreaks.

Paying more for water

In Kigogo Hamlet, the shortage has placed an additional burden on household budgets.

During an interview in August, Ms Flomina Mgonja said residents had been without water since April 26 and were paying Sh3,000 to transport five buckets on a motorcycle.

‘We previously had water sponsored by the Rotary Club, but the project ended when the current project started, which left us thirsty and spending a lot of money and time to get water,’ she said.

The shortage has also affected small-scale farming, with some residents abandoning vegetable production because they can no longer irrigate their crops.

Mr Emmanuel Maghembe of the Same-Mwanga-Korogwe Water Supply Project said the disruption in Kigogo had resulted from a pump breakdown. The government had spent Sh10 million to restore supplies, he said.

In Kisakeni, some households in elevated areas had yet to be connected to the water infrastructure, he added.

Uneven progress Not all residents of Ishinde have experienced the same difficulties.

Mr Godfrey Mbwambo, a resident of Ishinde Stand, said access to clean and safe water had improved, although some households still had to walk to collect it.

‘I am glad that access to clean and safe water in Ishinde Stand Hamlet was made available, but there are still some residents who walk for 30 minutes to fetch water, especially those whose houses do not have water facilities installed,’ he said.

Mr Maghembe said Ishinde was initially excluded from the project’s first phase. The government later directed officials to extend services to villages along the central area between Same and Mwanga districts.

Morondwe, which lies in the Ishenge area, is included in the second phase, whose preliminary implementation has started, he said.

He added that areas such as Mareti had not been settled when the project was designed but had since developed, making their inclusion in the second phase necessary.

The limits of solar power Some of the challenges are also linked to the technology used by communities.

Meteorologist Ramadhan Shaba said Ishinde’s mountainous terrain could influence sunshine levels in different parts of the village.

As moist air rises over mountains, it cools and may form clouds, reducing the sunlight reaching the ground. Cloudier conditions are generally more common during wetter months, particularly between October and May.

For communities relying on solar-powered water systems, clouds and rain can reduce the energy reaching solar panels, limiting the amount of water pumped.

Mr Shaba said such systems should account for local weather conditions and be supported by sufficient water storage and reliable backup systems.

Mr Maghembe said the new project was designed to improve reliability through a high-pressure system connected to the national electricity grid.

‘We are connected to the national electricity grid that passes through Iyungi and Hale. The main objective is to ensure that all citizens receive water through this project, even when there is a power outage, except when the fault occurs on the national electricity grid,’ he said.

For some Ishinde residents, the project has reduced the distances they previously travelled to collect water. But families in Morondwe, Kisakeni and Kigogo continue to count the cost in time, transport expenses, lost farming opportunities and the difficulties children face at school.

The second phase offers the prospect of wider coverage. Until it reaches the remaining communities, however, many families must still decide how far to walk, how much to spend and what household needs to sacrifice to secure enough water for the day.

Poll favoring defense team done before VP financial evidence shown

A recent survey showing more Filipinos favoring Vice President Sara Duterte’s defense team for the impeachment trial rather than the prosecution panel was conducted before financial evidence against her was revealed, Lanao del Sur Rep. Zia Alonto Adiong stressed on Thursday.

In a press briefing, Alonto Adiong said this is the reason why surveys should only be a guide and not considered as gospel truth, because the respondents’ perceptions may change.

The survey from Social Weather Stations (SWS), which was released on Wednesday, showed that 47 percent of Filipinos were satisfied with Duterte’s lawyers, while only 24 percent were dissatisfied.

Meanwhile, only 30 percent were happy with the prosecution, and 35 percent were displeased.

The SWS survey was conducted from Sept. 21 to 27 – just a few days after the first witnesses for Article II were presented.

‘Well, exactly my point… Surveys can change… We should not take that as some biblical truth because we cannot maintain the same responses from the public,’ Alonto Adiong, spokesperson for the prosecution panel, told reporters in a mix of English and Filipino.

‘And that’s a good point, we saw the public engagement when Attorney [Alexander] Cabera appeared. Maybe in the next survey, there will be a different result. That’s exactly my point,’ he added.

Alonto Adiong was referring to Cabrera, a financial forensic expert who was presented by the prosecution as a witness last Oct. 9.

Cabrera testified that Duterte failed to declare at least P817.8 million worth of wealth in her statement of assetsk liabilities, and net worth (SALN) from 2022 to 2025.

According to the witness, they were able to arrive at this number by matching the declared cash assets in Duterte’s SALN with the year-end balances of the bank accounts under Duterte, her husband, Manases Carpio, and other joint bank accounts with her.

Alonto Adiong believes the survey numbers will change due to the strength of Cabrera’s testimony.

‘For me, I’m optimistic. I’m positive that, because of Attorney Cabrera’s explanation, the people will be enlightened because as I said before, the unexplained wealth – the reason why we have to vigorously explain it to the people – because this is the most technical aspect of the impeachment articles,’ he said.

It was also during Cabrera’s testimony that Duterte’s alleged huge credit card expenses were revealed.

Cabrera then said that among Duterte’s ‘unusual banking behavior’ were meals at Ginza Inakaya Tokyo in Japan worth P200,007.29 with a transaction date of March 19, 2025; and two transactions on Dec. 27, 2025 with the Nike store in a Davao City mall worth P93,750.00 and P205,392.00.

At Don Quijote, a discount store chain in Japan offering a variety of items – from Japanese-made toiletries, toys, gadgets, souvenirs, and even food products – there were two transactions in Shibuya worth P62,900.95 and P65,877.64 made on Dec. 8, 2025.

The other Don Quijote outlet that Duterte transacted with is in Aichi Prefecture, specifically in Naka-ward. The transaction on July 20, 2025, was worth P111,109.24.

Later on, Carpio claimed that the transactions were his, and that Duterte had nothing to do with it.

Other key witnesses also testified after the SWS survey was conducted.

Last Oct. 5, Anti-Money Laundering Council (AMLC) Executive Director Ronel Buenaventura confirmed former Sen. Antonio Trillanes IV’s allegations that Carpio’s company, Cale88 Foods Corp., received P319 million worth of funds from China.

Trillanes was scheduled to appear as a prosecution witness, but he withdrew to supposedly relieve the prosecution panel of pressure. Instead, the former senator presented what would have been testimony during a press conference in San Juan on Oct. 2.

One of the items Trillanes discussed was the alleged P319 million that went into Cale88 – despite having a paid-up capital of P125,000 from 2021 to 2025, having low electricity costs, and having no rank-and-file employees.

Trillanes said that the P319 million was sent by Chinese firms in tranches, from 2023 to 2025.

Prosecutors have refused to comment on the strength of their evidence against Duterte so as not to violate the sub judice rule, but their spokespersons have expressed confidence in the case that they built.

Alonto Adiong’s fellow spokesperson, former Surigao del Norte Rep. Robert Ace Barbers, said that while dropping three out of four articles of impeachment is a huge risk – as the entire case would now rely on the strength of Article II – the fact that they did it shows how confident they are.

On Tuesday, Barbers said he thinks Duterte was checkmated as the evidence presented against her is hard to debunk or dispute.

Feeling the Christmas magic at Rustan’s

Fairies, twinkling lights and a jolly Santa Claus! Rustan’s pulled out all the stops as it ushered in the holidays with ‘Once Upon A Christmas,’ turning its iconic Makati store into an enchanting storybook wonderland while kicking off the countdown to its much-awaited 75th anniversary.

The festivities began on a magical high as a Christmas fairy danced her way through Rustan’s grand entrance, with dazzling decorations all aglow all. Guests and passersby were captivated by the delightful spectacle, which brought the fairytale to life. Meanwhile, a real-life Santa Claus was ready to hear the whispered wish lists of children and grown-ups alike. After all, who says one is ever too old to tell Santa what’s on the wish list?

The imaginative window displays held various scene that kept us entranced- from The Wish Upon A Star and The Enchanted Workshop to The Christmas Train and The Heart of Christmas, each scene tells its own story, celebrating the joy of giving and togetherness.

The real fun, however, was watching little ones tug their parents toward the toy section, their eyes wide with excitement as they surveyed the tempting treasures on display. Nearby, happy shoppers were already armed with their gift lists, happily ticking off presents for family and friends while soaking up the festive atmosphere. With delightful discoveries around every corner, shopping became less of a chore and more of a celebration in itself.

As an added bonus, shoppers spending at least P25,000 in a single receipt can take home a limited-edition Rustan’s Bear commemorating the 75th anniversary. Families can also look forward to Santa Meet and Greets at selected stores.

More meaningful is the Angel Tree initiative, which turns children’s wishes into acts of kindness. This year, Rustan’s will support Servants of Charity in Metro Manila and Everlasting Hope in Cebu, treating beneficiaries to a special celebration and a meet-and-greet with Santa.

Seventy-five years of elegance and treasured memories deserve a celebration worthy of the occasion. And at Rustan’s, the loveliest gift of all remains the joy of making memories together.

Tanzania targets global markets with 129 crops as COPRA expands trade opportunities

Three years after its establishment in 2023, the Cereals and Other Produce Regulatory Authority (COPRA) says it has made progress in regulating trade in 129 crops, expanding market access and improving coordination across Tanzania’s agricultural value chain.

An interview with Mwananchi Communications Limited Managing Director, Rosalynn Mworia, Permanent Secretary in the Ministry of Agriculture, Gerald Mweli, COPRA Board Chairperson, Prof Sifuni Mchome and Director General Irene Mlola highlighted the authority’s achievements and priorities.

Mr Mweli said COPRA was established to address gaps in the coordination of agricultural trade and help farmers access reliable markets. ‘After addressing challenges in agricultural trade, we realised that we lacked a system for coordination. COPRA regulates 129 crops,’ he said.

Expanding international markets

The government says COPRA has helped open 15 markets in different countries, including India and China, creating opportunities for farmers and traders to sell their produce abroad.

Mr Mweli cited banana exports to South Africa, avocado exports reaching 30,000 tonnes and maize sales exceeding 15,000 tonnes as examples of the opportunities available.

‘Our farmers are currently selling large quantities of bananas in South Africa. COPRA’s role is therefore to establish systems that enable our farmers to access the opportunities they deserve,’ he said.

The government is also working towards enabling online maize trading, including sales to the Democratic Republic of Congo (DRC), to connect producers with buyers and simplify transactions.

‘Our current strategy is to ensure that by next year, we can sell maize to DRC and other markets through online platforms,’ Mr Mweli said.

Building regulatory systems

Prof Mchome said COPRA’s initial priority was to establish operational systems, regulations and procedures, while recruiting qualified staff to carry out its mandate.

He said the authority had also engaged farmers, traders, institutions and international stakeholders to strengthen links between production, processing and consumption.

‘This is what ensures food security. When these three links do not communicate, challenges arise,’ he said. He added that better coordination could help align farmers’ output with market demand, while clear regulations would support more organised crop trading.

Digital systems and efficiency

Ms Mlola, who assumed office on October 1, 2023, said the authority had to build its capacity to meet public expectations and implement the Food Security Act of 2009.

She credited cooperation with the government, other institutions, the board and the private sector for supporting COPRA’s development.

The authority initially developed dedicated systems for six crops, including pigeon peas, sesame, lentils and soybeans, before introducing the COPRA Management Information System (COPRA MIS).

The digital platform supports warehouse registration, quality monitoring and the identification of consignments. Warehouse operators have also been trained to use the system.

Ms Mlola said COPRA monitors market prices and oversees auction prices to help protect the value of farmers’ produce.

Its five-year plan also focuses on increasing production and promoting the use of quality seeds, fertilisers and other agricultural inputs.

Targets for agricultural growth

Mr Mweli said farmers needed timely access to inputs and other services to increase production and benefit from expanding markets.

‘Farmers work very hard. Tanzanians are not lazy; they simply need support to access fertilisers and seeds on time so they can increase production,’ he said.

The government aims to increase crop export earnings to $5 billion by 2030 as part of its broader economic ambitions towards 2050.

Ms Mlola urged farmers and other stakeholders to work with COPRA, saying its regulatory framework was intended to support sustainable growth across the sector.

She said the authority would continue working to improve access to inputs, markets and services covering production, storage, transport and crop trading in Tanzania and internationally.

BARMM parliament opening raises security concerns

All is set for the inaugural session of the 80-seat parliament of the Bangsamoro Autonomous Region in Muslim Mindanao on Friday, October 30, in BARMM’s capitol here, now guarded by no fewer than a thousand policemen and soldiers.

Talks are circulating here and in BARMM provinces stating that President Ferdinand Marcos, Jr. will attend the session of the 80 newly elected lawmakers.

Classes in all schools in Cotabato City have been suspended since Monday and employees of all ministries and support agencies of the BARMM government are on “work-from-home mode” too as part of the security measures meant to ensure the safety of the event.

Local community leaders, residents and members of big business organizations in Cotabato City have posted on Facebook about their mixed feelings and apprehensions of security issues during the activity, the first ever since the BARMM’s creation in 2019, replacing then the 27-year less empowered Autonomous Region in Muslim Mindanao.

Brig. Gen. Edgar Catu, commander of the Army’s 6th Infantry Division, and Col. Jibin Bongcayao, director of the Cotabato City Police Office, on Thursday separately refuted Facebook posts stating that the entire city had been locked down in preparation for Friday afternoon’s gathering of regional lawmakers.

‘That is not true,’ Catu told reporters on Thursday morning.

Catu and Brig. Gen. Christopher Abecia, director of the Police Regional Office-Bangsamoro Autonomous Region, separately told reporters that there are now enough policemen and soldiers in strategic areas in the city and inside the BARMM capitol, tasked to do their best in keeping peace and calm for the whole duration of the activity, to be attended, likely, by local executives and peace activists from across the autonomous region.

Members of the BARMM parliament from 2019 until the first ever regional parliamentary polls last September 14 and their pioneer chief minister, Ahod Ebrahim and, subsequently, Abdulraof Macacua, functioned merely as presidential appointees, without electoral mandate.

Officials of different offices in BARMM are expecting the election, via nomination, of the region’s chief minister during the first regular session of the parliament this Friday.

At least 46 regional lawmakers, out of the 80 elected on September 14, among them Macacua, had formed a bloc two weeks ago in Davao City and together pledged to work out his stay as the region’s chief minister during their first regular session.

All five provincial governors in BARMM, Tucao Mastura of Maguindanao del Norte, Ali Midtimbang of Maguindanao del Sur, Mamintal Adiong, Jr. of Lanao del Sur, Mujiv Hataman of Basilan and Ysmael Ali of Tawi-Tawi had also crossed political party lines and manifested, via an official statement, their wish for Macacua to stay as figurehead of the parliament

BARMM’s duly-nominated minister shall lead the 80-member parliament and oversee the operation of all ministries and support agencies under its regional government.

Policemen and soldiers on Thursday morning closed down to passenger vehicles the Governor Gutierrez Avenue in this city, the main route to the BARMM capitol, subjecting all private vehicles passing through rigid inspections.

Bongcayao said police personnel in Cotabato City involved in the security operations are backed by different units directly under PRO-BAR and personnel of the municipal police stations in different towns in the BARMM provinces.

Palawan Group and AltPayNet form strategic fintech partnership

Overseas remittances continue to play a vital role in supporting millions of Filipino families, helping cover everyday expenses, education, healthcare, housing and other essential needs.

According to the Bangko Sentral ng Pilipinas (BSP), total personal remittances from overseas Filipinos reached US$39.62 billion in 2025, underscoring the important role these inflows play in supporting households and the Philippine economy. As families continue to rely on financial support from loved ones working abroad, accessible and dependable remittance services remain essential.

To help address this need, the Palawan Group of Companies (PGC) has partnered with AltPayNet to strengthen access to international remittance infrastructure services (remittance rail) worldwide. Under this partnership, beneficiaries can conveniently receive funds digitally through PalawanPay or over the counter at more than 3,800 Palawan Express Pera Padala (PEPP) branches nationwide, giving customers the flexibility to choose the option that best suits their needs.

The collaboration also expands Palawan Group’s growing ecosystem of financial services by providing customers with more convenient ways to receive remittances through both its nationwide branch network and digital platforms. Through its bricktech approach, combining the accessibility of physical branches with the convenience of PalawanPay, the company continues to make essential financial services more accessible to Filipinos wherever they may be.

“We have always believed that every partnership should create greater value, not only for the organizations involved, but more importantly, for the people we serve. Through our partnership with AltPayNet, we are expanding our ability to connect more Filipinos to the support of their loved ones overseas. Whether they are receiving money through PalawanPay or claiming it at any Palawan Express Pera Padala branch nationwide, our goal remains the same: to make remittance services more accessible, more convenient, and more reliable for every Filipino,” shared Lisa Castro-Sabado, chief business development officer of the Palawan Group of Companies.

Castro-Sabado added that every remittance carries a story beyond the transaction itself. It reflects the hard work, sacrifice, and unwavering commitment of overseas Filipinos to provide better opportunities for their families. By making these funds easier to receive, the partnership helps ensure that financial support reaches loved ones safely, efficiently, and when they need it most.

Sharing the same commitment, DonVacal, President and CEO of AltPayNet, emphasized the importance of expanding access to reliable remittance infrastructure serving overseas Filipinos and the families who depend on them.

Don further reiterated that every remittance represents the hard work and sacrifices of Filipinos striving to provide a better life for their families. Through our partnership with the Palawan Group, we are expanding our reach through one of the country’s most trusted financial networks, allowing more beneficiaries to receive their funds quickly, conveniently, and securely. Together, we share a common purpose of making financial services more accessible while helping overseas Filipinos stay connected with the people who matter most.”

Supporting the rollout of the partnership is Palawan for Business, led by Missy Baldemor, Head of Palawan for Business, which will work closely with AltPayNet to facilitate the seamless implementation of international remittance services across Palawan’s nationwide network.

By combining AltPayNet’s international remittance capabilities with Palawan’s extensive physical and digital infrastructure, the collaboration provides more Filipino families with convenient and reliable ways to receive funds, whether through the PalawanPay app or at any Palawan Express Pera Padala branch nationwide.

As overseas Filipinos continue to support their families from around the world, partnerships like this help ensure that financial assistance reaches loved ones quickly, safely, and conveniently. By combining AltPayNet’s international remittance network and expertise with Palawan Group’s trusted nationwide network and digital capabilities, both organizations are helping make cross-border remittances more accessible, bringing Filipino families closer, one remittance at a time.

Ramos snares bronze in weightlifting world joust

Rose Jean Ramos took the first significant step towards earning a ticket to the 2028 LA Olympics in picking up a bronze medal in the IWF World Championships at the Ningbo Olympic Center in China last Tuesday.

The 20-year-old Asian Championship silver winner and world youth champion pocketed the snatch bronze with an 86-kilogram lift in the women’s 49kg class, behind eventual gold and silver medalists Ri Song Gum of North Korea and Zhao Jinhong of China, both world champions.

The 29-year-old Ri, who won both the Worlds and Asian Games thrice, swept all three golds in total (211kg), snatch (92kg) and clean and jerk (119kg) while the 25-year-old Zhao grabbed all three silvers with a total lift of 207kg from 91kg snatch and 116kg clean and jerk.

Ramos, whose campaign is being bankrolled by the Philippine Sports Commission, was fifth in total lift with a 181kg.

Ramos’ effort earned her Olympic qualifier ranking points. She hopes to make the LA Games and chase the same honors delivered by fellow Zamboanga City native Hidilyn Diaz in Tokyo five years ago.

Elreen Ando, who will see action in the women’s 61kg, is also eyeing a spot in LA, which, if ever, would be her third Olympic stint.

Also shooting for the stars are Ramos’ sister Rosegie (53kg), Albert Ian delos Santos (men’s 70kg) and Kristel Macrohon (women’s 69kg).

Relevant. Witty. Daily

Morning news briefings from Philstar.com

Your Email Address

When BBM says don’t panic…

The peso’s slide is heart-attack level. But President Marcos said we should not be alarmed.

Don’t panic, he said yesterday, which ironically, given how things are in this nation of 117 million, makes people panic all the more.

BBM’s words, of course, were expected. No president wants to give the impression that a situation – however bad it is – is alarming, but a government that is too complacent certainly makes people more jittery. That’s just how it is.

In reality, though, the situation is quite dire.

As I write this, the local currency has breached the 64-to-the-dollar level when not too long ago, it was unimaginable that the peso would even hit 60.

In the newsroom on Tuesday when the peso crashed past 64, some editors said their earliest memory of the peso was at a single digit, at seven, while mine was 21 to the dollar.

Those were bygone eras.

Here we are now, witnessing the peso’s free fall, no thanks to the US’s eight-month war with Iran and the dollar’s fundamental strength.

Unfortunately, a weakening peso is bad for the country and we will all bear the brunt of it.

Higher electricity rates

For one, we should brace for even higher electricity rates this month. Prepare for bill shocks because some power supply contracts for companies supplying power to our households are in dollars. This means these power generation companies will need more pesos to pay for their contracts.

Another implication is that our imports will cost much more. That includes medicines and other imported goods such as rice.

Oil, of course, will continue to skyrocket. Transport fares will also likely rise.

What can the BSP do?

Perhaps, as a market source said, the Bangko Sentral ng Pilipinas (BSP) can talk to the Bankers Association of the Philippines and ask whether there is truly fundamental demand for dollars or whether speculation is causing the slide.

Simply put, the BSP needs to be more vigilant about dollar purchases, particularly large ones.

It can require more documentation on such big volumes.

We are not yet back in the crisis of the early 1980s – the first Marcos era – but we definitely don’t want to go there when the Philippines had to tighten belts and choose carefully which to spend our thin dollar reserves on – imported medicines or imported fuel.

And while the market understands that the BSP has no foreign exchange target, monetary authorities should also reconsider their explanation of the BSP policy moves.

The source said that monetary authorities should stop saying that rate hikes are not meant to influence the peso-dollar exchange rate, because they do.

The source said that even if the BSP raises interest rates primarily to control inflation, it cannot deny that doing so also affects the peso-dollar exchange rate.

A slower depreciation, in fact, helps the BSP achieve its inflation target.

No less than BBM himself said yesterday that the BSP will do everything it can to defend the peso.

‘People can take solace in the fact that our policy toward the peso is to continue to defend the peso as hard as we possibly can,’ Marcos said.

‘Don’t panic. It is an effect of rising prices of oil and consequently the rising prices of fuel, and its effect on the economy,’ he added.

The nation, he noted, has ‘healthy’ foreign exchange reserves.

The country’s foreign exchange buffer, however, already fell to its lowest level in three years in September.

This was due to the BSP’s foreign exchange operations, lower gold valuations and government withdrawals.

Preliminary data from the BSP showed gross international reserves (GIR) declined by 4.6 percent to $100 billion as of end-September from $104.85 billion as of end-August.

GIR is the pool of foreign assets held by the central bank, including gold, foreign currency deposits, securities and other reserve assets, that helps the country pay for imports, settle foreign debt and cushion the economy from external shocks.

The peso’s slide, if not arrested soon enough, will also further aggravate our fiscal position as we would need more pesos to settle our foreign debt.

Double, no, triple whammy it is.

Filipinos can only hope that the situation will improve – sooner than later.

Big businesses can do their share by spending more on new projects that would create jobs and have ripple effects on the economy.

Consumers can help by buying local products. Let’s support our industries, especially now that MSMEs are struggling to stay afloat.

Beyond that, it’s up to the government to save us from this dire situation.

Oh hello, economic team

Don’t panic, BBM said.

But what else can he say? What’s the game plan of his economic team? Speaking of the economic team, what are they doing to address the situation?

In the past, the Philippines largely weathered economic turmoil and averted near economic collapse because the economic team did its job.

Now, with the peso breaching 64 to the dollar and the economy almost at a standstill, Filipinos need more than assurances that everything is under control.

Perhaps, aside from telling us not to panic, BBM should let us know what his economic team is doing so we can survive this current tide.

The really scary thing is how hard this will hit us, ordinary households, and that’s enough reason to panic.

The Peninsula Club reaffirms commitment to golf development in Tanzania

The Peninsula Club has reaffirmed its commitment to the long-term development of golf in Tanzania through its sponsorship of the Vodacom Tanzania Open 2026, highlighting its ambition to support the growth of the sport through junior development, infrastructure investment, and collaboration with stakeholders across the golf industry.

As a private members’ business and lifestyle club, The Peninsula Club recognises golf as more than a sport. It is a platform for developing character, creating opportunities, strengthening relationships, and connecting business, tourism, and communities.

Speaking on behalf of the Club, *Johnson John, VIP Clients and Golf Manager*, emphasised the importance of a collective, long-term approach to advancing the sport. ‘We are committed to seeing the development of golf in Tanzania across all levels, from grassroots and junior development to professional competition, golf infrastructure, and investment in the sport.

We believe Tanzania has significant potential to grow its golfing landscape, and through strong partnerships, sustained investment, and a shared vision, we can create more opportunities for young people and build a stronger future for golf,’ said Johnson.

Investing in the future of golf

The Peninsula Club believes sustainable golf development requires investment beyond tournaments. Strengthening existing facilities, developing accessible practice environments, establishing development centres, and creating structured pathways for young golfers are essential to expanding participation and nurturing future talent.

The Club also recognises golf’s potential to contribute to tourism, hospitality, employment, and economic growth.

With continued investment and collaboration, Tanzania can further develop its golfing offering, attract new opportunities, and strengthen its position as a destination for sporting and leisure experiences.

A shared vision

The Club acknowledges that meaningful progress requires collaboration among golf facilities, sponsors, investors, development partners, and other industry stakeholders.

By working together, these partners can strengthen infrastructure, expand access to the game, and create a more inclusive and commercially sustainable golfing ecosystem.

‘Our ambition extends beyond supporting individual tournaments. We want to see more young people introduced to golf, stronger development pathways, improved facilities, and increased investment in the sport. No single organisation can achieve this alone.

Through collaboration and a shared commitment, we can make meaningful progress towards the future we envision for golf in Tanzania,’ Johnson added.