Tanzania’s exports to Kenya fall to seven-year low
Kenya’s imports from neighbouring Tanzania have slumped at the sharpest pace in seven years in a period renewed trade tiffs...
Five more local companies bestowed ‘Superbrand’ status
Five more locally registered companies including NMB Bank, GSM, Kilimanjaro Drinking Water, Dar Ceramic and NIC Insurance have received Superbrand...
Dar stock market ends week in green, posts 1.19bn/- turnover
Tanzania’s stock market ended last week on a positive note as both traded value and domestic market capitalization demonstrated an...
Government lauds Kilombero Sugar for massive investment in sugar industry
The Minister of Industry and Trade Dr. Ashatu Kijaji has lauded Kilombero Sugar Company Limited (KSCL) which produces 26 percent...
High import bills push Tanzania’s current account deficit to $4.86 billion in June 2023
Tanzania’s current account recorded a deficit of $4.86 billion in June 2023, compared with $3.398 billion recorded during the same...
Nobel Helium on track to commence drilling at its North Rukwa Project next month
Noble Helium Limited's is on track to commence drilling its first well at its North Rukwa Project in Tanzania in...
Private sector credit records 21.2 pct growth in June on improved business environment
Private sector credit in Tanzania continued to record strong growth, at 21.2 percent in the year to June 2023, mainly...
Tanzania’s inflation slows to a two-year low in July
Tanzania’s Annual Headline Inflation Rate eased for the sixth-straight month in July, 2023 to 3.3 percent from 3.6 percent recorded...
Oil hits new highs on US fuel demand, tighter supply
Oil prices hit new peaks on Wednesday with the global Brent benchmark touching its highest since January after a steep...
Tanzania’s real estate sector continued to recover from the pandemic-induced challenges in 2022
Tanzania’s real estate sector continued to recover from the pandemic-induced challenges last year with commercial property occupancy rate increasing, reflecting...