Tanzania’s mobile money subscription up 8.7% to 51.4 million accounts in Q3, 2023
Mobile money subscription in Tanzania has increased by 8.7% from 47.3 million accounts in the second quarter ending June 2023...
Tigo, Zanzibar agency ink deal to accelerate digital transformation
Telecom firm TigoZantel and the Zanzibar Information Communication Technology Infrastructure Agency (ZICTIA) have signed a Memorandum of Understanding (MoU) geared...
Tanzania’s telecom subscriptions up 4.7% to 67.1 million in Q3, 2023
The number of active telecom subscriptions grew by 4.7% from 64.1 million recorded in June to 67.1 million during Q3,...
Sub-Saharan Africa M&A to rise over the next two years
South Africa and Nigeria will see the lion’s share of an expected rise in mergers and acquisitions in Sub Saharan...
Why mobile money users in Tanzania are switching back to cash payments
Governments across sub-Saharan Africa are implementing stiff and high taxes for mobile money services. In Tanzania and even Kenya, these...
Shanta Gold’s production hits 27,935 ounces in Q3, 2023
East Africa focused gold producer, developer and explorer Shanta Gold has reported steady gold production in line with expectations in...
World oil, gas, coal demand to peak by 2030, IEA says
World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy...
Huawei pledges to boost Tanzania’s ICT landscape with innovative technologies
Chinese tech giant Huawei has reiterated its commitment to working closely with the Government as part of its efforts to...
Bitcoin hits $35,000 for first time since 2022 on ETF optimism
Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last...
Here are the top five news stories for the week ending October 20, 2023
MARKETS: https://thebusinesswiz.co.tz/2023/10/16/dar-equities-market-up-59-to-3-01bn-on-nmb-tcc-block-trades/ BANKING: https://thebusinesswiz.co.tz/2023/10/17/banking-sector-total-assets-surge-to-46-1trn-on-increase-in-deposits-in-2022/ TRADE: https://thebusinesswiz.co.tz/2023/10/17/46519-car-units-imported-to-zimbabwe-through-dar-port-in-2022/ ENERGY: https://thebusinesswiz.co.tz/2023/10/18/decision-near-on-4-billion-eacop-project-standard-bank-says/ INTERVIEW: https://thebusinesswiz.co.tz/2023/10/20/lifezone-metals-poised-to-unlock-the-first-significant-nickel-mine-in-east-africa/