Tanzania’s inflation slows to a two-year low in July

Tanzania’s Annual Headline Inflation Rate eased for the sixth-straight month in July, 2023 to 3.3 percent from 3.6 percent recorded ...

Tanzania’s real estate sector continued to recover from the pandemic-induced challenges in 2022

by Editor

09/08/2023

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Tanzania’s real estate sector continued to recover from the pandemic-induced challenges last year with commercial property occupancy rate increasing, reflecting ...

Shanta Gold to generate around $1bn in revenue over the next five years

by Editor

09/08/2023

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Shanta Gold Limited - Shanta Gold set to generate around $1bn in revenue over the next five years, as gold ...

Banks dominate as Tanzania’s financial sector assets rise by 17.2 pct in 2022

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08/08/2023

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The financial sector performance in Tanzania remained robust, as attested by the growth of assets according to the latest Financial ...

Silvercorp Metals initiates takeover deal for Nyanzaga gold project in Tanzania

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08/08/2023

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Silvercorp Metals (TSX/NYSE: SVM) has initiated a takeover deal for Australian gold developer OreCorp (ASX: ORR). Under the deal, the ...

Stock market slumps 68.3 pct to 596.3m/- on low investors’ appetite for stocks

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07/08/2023

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The Dar es Salaam Stock Exchange (DSE) witnessed mixed sentiments during the trading session last week, as both total and ...

Exim Bank eyes enhanced service delivery after posting strong H1 2023 performance

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07/08/2023

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Exim Bank has reiterated its commitment to continue investing in technology as part of its commitment to enhance its service ...

IMF hails Tanzania for preserving macroeconomic stability amid global shocks

by Editor

03/08/2023

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The International Monetary Fund (IMF) Deputy Managing Director Bo Li has commended Tanzania for its commitment to preserving Tanzania’s macroeconomic ...