Zanzibar export value declines to $167.6 million in September on decreased cloves receipts
The value of exports of goods and services in Zanzibar declined to $167.6 million in September this year as compared...
East Africa CEOs upbeat region’s economy could tip into a recession over the next year – KPMG outlook
A majority of business leaders in East Africa feel there is little chance the region’s economy could tip into a...
UNCDF appoints NBC Tanzania as Lead Transaction Advisor for Tanga Water Infrastructure Green Bond
The United Nations Capital Development Fund (UNCDF) has officially announced the appointment of the National Bank of Commerce Ltd (NBC)...
World population hits 8 billion today – UN
The global population has hit 8 billion people, a milestone in human development, according to UN estimates. "The milestone is...
Shanta ends takeover talks with Shandong and Chaarat
East Africa-focused Shanta Gold on Monday announced that it had ended takeover discussions with Shandong Gold Group and Chaarat Gold,...
Digital platform launched to boost competitive small businesses in EAC region
The East African Business Council (EABC) in partnership with the International Trade Centre (ITC) have launched an online platform www.myeasoko.com...
Global debt levels rose ‘substantially’ in 2021, World Bank president says
Debt levels among low- and middle-income countries rose sharply in 2021, with China accounting for 66% of lending by official...
Vodacom Tanzania service revenue up 4.7 pct to 508.0bn/- on strong data growth
Vodacom Tanzania’s service revenue increased 4.7 per cent to 508.0bn/-, with strong growth in data and fixed revenue partly offset...
Tanzania’s equity market plummets 43.8 pct to 1.3bn/- on low investors’ appetite for stocks
The Dar es Salaam Stock Exchange (DSE) slumped 43.8 per cent to post a turnover 1.33bn/- last week as compared...
EXCLUSIVE: Preparations for Kabanga Nickel Project at advanced stage
Tembo Nickel Corporation, a subsidiary of UK-based mining firm Kabanga Nickel Limited is finalizing the feasibility study for its nickel...