Why Government securities market registered mixed performance in Q2, 2023
Government securities primary auctions registered a mixed performance during the quarter ending June 2023, with investors’ preference leaning on the ...
Tag: #LatestBusinessNews
Tanzania, others to participate in Google’s AI-first accelerator program
Google is inviting Tanzania and 16 African countries to apply for its ‘Google for Startups Accelerator: AI First’ program an ...
Exim Bank inks MoU with Indesso and Amani Essence to promote agriculture development in Tanzania
Exim Bank Tanzania has signed a Memorandum of Understanding (MoU) with Indesso and Amani Essence to cooperate in promoting agriculture ...
High import bills push Zanzibar’s current account deficit to $116.5 million in June
Zanzibar’s current account deficit widened to $116.5 million during the quarter ending June 2023, from $104.4 million recorded during the ...
Tanzanian fintech firm NALA taps into the Nigeria market
NALA, a Tanzanian fintech, has officially launched payments from the UK and Europe to Nigeria. NALA is an African payments ...
Tanzania’s forex reserves hit $5.28 billion at the end of June
Tanzania’s foreign exchange reserves increased to $5.28 billion at the end of June 2023, compared with $5.11 billion recorded during ...
Dar embarks on plans to revamp stalled tea industry
Tea production in Tanzania has slowed down due to weather changes that has affected most tea growing regions resulting into ...
Dar equities market up 18.4 pct on block trades
Tanzania’s equities market continued its bullish trend with the bourse demonstrating favorable performance during the trading session last week as ...
Noble Helium raises $12 million for second North Rukwa well
Noble Helium Limited has received firm commitments from institutional, sophisticated, and accredited investors to raise $12.0 million (before costs) through ...
Intra – EAC trade hit $74.1 billion in 2022 on strong collaboration with partner states
Intra - East African Community (EAC) trade increased by 13.4 percent to $74.1 billion in 2022 from $65.3billion in 2021, ...