Shanta Gold to generate around $1bn in revenue over the next five years
Shanta Gold Limited - Shanta Gold set to generate around $1bn in revenue over the next five years, as gold...
Banks dominate as Tanzania’s financial sector assets rise by 17.2 pct in 2022
The financial sector performance in Tanzania remained robust, as attested by the growth of assets according to the latest Financial...
Silvercorp Metals initiates takeover deal for Nyanzaga gold project in Tanzania
Silvercorp Metals (TSX/NYSE: SVM) has initiated a takeover deal for Australian gold developer OreCorp (ASX: ORR). Under the deal, the...
Stock market slumps 68.3 pct to 596.3m/- on low investors’ appetite for stocks
The Dar es Salaam Stock Exchange (DSE) witnessed mixed sentiments during the trading session last week, as both total and...
Exim Bank eyes enhanced service delivery after posting strong H1 2023 performance
Exim Bank has reiterated its commitment to continue investing in technology as part of its commitment to enhance its service...
IMF hails Tanzania for preserving macroeconomic stability amid global shocks
The International Monetary Fund (IMF) Deputy Managing Director Bo Li has commended Tanzania for its commitment to preserving Tanzania’s macroeconomic...
India commits $2 million to boost digital financial inclusion across Africa
The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI) housed and managed by the...
Fuel prices hit record highs on rising dollar woes, price in the world market
Motorists in Tanzania should brace for tougher times ahead as fuel prices hit a new record high with effect from...
Gold investment remains resilient, WGC report shows
Despite some softness in some areas of the market, the World Gold Council’s (WGC’s) ‘Gold Demand Trends’ report for the...
NMB Bank sponsors 10 SME entrepreneurs trip to China
NMB Bank yesterday bid farewell to 10 Small and Medium Entrepreneurs (SMEs) customers who are set to embark on a...