Private sector credit up 22.5 pct in April on improved business environment
Credit extended to the private sector grew by 22.5 percent in April this year compared with 13.4 percent recorded in...
Dar bans trading of forex with international foreign currency brokers not licensed in Tanzania
The Bank of Tanzania (BoT) has banned trading of foreign exchange with international foreign currency brokers who are not licensed...
Tanzania to launch first oil and gas bid round in a decade
Tanzania aims to launch its 5th oil and gas licensing round by the end of 2023 in a move designed...
Uber, Tigo Tanzania partner in new cashback initiative for drivers and riders
Ride hailing company Uber has entered a one-year partnership deal with telecommunications firm Tigo Tanzania that seeks to roll out...
AfDB provides $2 million partial credit guarantee, $528,600 grant to facilitate access to fertilizer for Tanzania smallholder farmers
The Africa Fertilizer Financing Mechanism (AFFM), managed by the African Development Bank (AfDB), will provide the African Fertilizer and Agribusiness...
Outlook for Tanzania’s equity market to remain positive in coming weeks
Tanzania’s equity market outlook is expected to remain positive in the coming weeks driven by favorable economic environment supported by...
African economies debt outlook remains “cloudy” – World Bank economist
The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies...
EACOP project to be completed as planned – Deputy Energy Minister
The Deputy Minister for Energy, Stephen Byabato, assured all stakeholders that the East African Crude Oil Pipeline (EACOP) would be...
Dar equity market continues bullish run, posts 4.9bn/- turnover
Market activities on the Dar es Salaam Stock Exchange (DSE) demonstrated a consistent upward trend for the third consecutive week...
Titanium miner eyes Tanzania as Kenya withholds licenses
Kwale miner Base Titanium has shifted its exploration for new mineral resources to Tanzania as Kenya maintains a ban on...