Tanzania’s mortgage market posts 14 pct YoY growth to 593.7bn/- in Q3, 2023
Tanzania’s mortgage market registered a 2 percent growth in the value of residential mortgages during Q3 this year as of...
AfDB approves $696.4 million financing for 650 km Burundi and Tanzania SGR project
The Board of Directors of the African Development Bank Group has approved various financing structures valued at $696.41 million for...
SBL commits to sustainability, inks MOU with the United Nations Global Compact
Serengeti Breweries Limited (SBL) has signed an agreement to become a member of the UN Global Compact Network Tanzania (UNGCNT)...
Tanzania’s current account deficit narrows to $3.26 billion in October 2023
Tanzania’s current account deficit narrowed to $3.26 billion in October 2023, compared with $4.99 billion recorded the preceding year attributed...
EACOP receives first batch of 100km line pipe in Tanzania paving the way for pipeline construction
The East African Crude Oil Pipeline (EACOP) has announced the arrival at the port of Dar es Salaam of the...
Noble Helium raises $14m for its flagship Tanzania project
Noble Helium Limited has received firm commitments from institutional, sophisticated, and accredited investors to raise AUD$14 million (before costs) through...
Dar stock market up 6.1 pct to 1.69bn/- on local investors’ appetite for stocks
Market activities at the Dar es Salaam Stock Exchange (DSE) registered a marginal uptick during the trading session last week...
EAC, TradeMark Africa unveil innovative app to revolutionise trade by eliminating Non-Tarriff Barriers
The East African Community (EAC) in partnership with TradeMark Africa uveiled a new mobile application (App) dedicated to the elimination...
TADB secures $66 million equity enhancement loan from AfDB
The African Development Bank Group’s Board of Directors has approved a $66 million loan to the government of Tanzania for...
NMB Bank mulls financing Tanzanian MSMEs grab opportunities in intra- trade
NMB Bank Plc, has announced its commitment to provide robust and comprehensive financing solutions to Micro, Small and Medium-sized Enterprises...