Banking sector total assets surge to 46.1trn/- on increase in deposits in 2022
The banking sub-sector’s total assets increased by 17.3 percent to 46.15trn/- in 2022 from 39.34trn/- recorded during the preceding year ...
Tag: #LatestBusinessNews
46,519 car units imported to Zimbabwe through Dar Port in 2022
The volume of transit cars from Japan and European countries to Zimbabwe through the Dar es Salaam Port has been ...
Dar equities market up 59% to 3.01bn/- on NMB, TCC block trades
The Dar es Salaam Stock Exchange (DSE) recorded a notable uptick recording total market turnover of 3.011bn/- marking a substantial ...
Behind TRA’s impressive numbers and the bumps ahead
The Tanzania Revenue Authority (TRA)’s impressive quarter one performance paints an encouraging picture to investors and businesses of the country’s ...
Money supply surges by 17.4 pct in August on sustained expansion of credit to the private sector
Tanzania’s money supply grew by 17.4 percent, driven mainly by the sustained expansion of credit to private sector and improvement ...
Tanzania’s foreign exchange reserves up 2.3 pct to $5.2 billion in August, 2023
Tanzania’s foreign exchange reserves increased by 2.3 percent to $5.20 billion in August this year as compared to $ 5.092 ...
Bank deposits up 17 pct to 31.1trn/- in H1, 2023 driven by agent banking services
Bank deposits in Tanzania increased by 17.7 percent to 31.14tn/- during H1, 2023 attributed to enhanced use of agent banking ...
Tanzania targets 10-fold increase in Indian investment by 2025
Tanzania will target boosting investment from India, the East African nation’s biggest trading partner, by 10-fold in the next two ...
Dar port dominates as Tanzania’s port cargo surges 17pct to 24.2 million tonnes
The volume of cargo handled through Tanzania’s major sea and lake ports increased by 17.2 percent to 24.2 million tonnes ...
Tanzania’s inflation stagnant at 3.3 pct in September but a slightly more optimistic outlook persists
Tanzania’s Annual Headline Inflation Rate for the month of September, 2023 stagnated at 3.3 percent as it was recorded for ...
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