NMB Bank, Zanzibar agency ink MoU to boost maintenance of Forodhani Park
NMB Bank has signed a Memorandum of Understanding (MoU) with the Stone Town Conservation and Development Authority geared towards maintaining...
Africa’s economic growth to outpace global forecast in 2023-2024
Africa is set to outperform the rest of the world in economic growth over the next two years, with real...
Meliá Hotels announces extending footprint to 14 new markets including Tanzania
Meliá Hotels International, the leading hotel company in Spain has announced the extending of its footprint in 14 new markets...
All set for the 4th Tanzania Energy Cooperation Summit
High level representatives from India’s Solar Energy Corporation and Trinidad & Tobago’s energy ministry have confirmed to attend Tanzania’s official...
Investors’ appetite for long-term T-Bills robust in November 2022
The performance of government securities auctions in the primary market recorded mixed results in November last year, with investors’ preference...
Uganda and Tanzania move a step closer towards realization of the EACOP project
Uganda’s cabinet yesterday approved the awarding of the construction licence for the proposed East African Crude Oil Pipeline (EACOP), subject...
Shanta delivers strong results in 2022 despite missing guidance
Following a strong end to 2022 at all of its assets, including record yearly throughput at the New Luika mine,...
Global bond sales surge to record start of year at $586 billion
The best start to a year for bond returns is helping fuel an unprecedented debt-sale bonanza by governments and companies...
Uber makes a U-turn in the Tanzanian market
Ride-hailing service provider Uber has today announced the resumption of its services in the Tanzania market following a pause that...
Private sector credit growth up 22.6 pct on improved economic activity
Private sector credit growth in the country increased by 22.6 per cent on year-on-year basis in November last year ,...