2-Year Treasury bond subscribed by 108% on investors’ appetite for short-term papers
The 2 years Treasury bond auctioned last week was subscribed by 108%, receiving bids totaling 157.05bn/- available data from Bank ...
Tag: #LatestBusinessNews
Dar stock market plummets 62%, total market capitalization slightly falls to 15.57bn/-
Market activities on the Dar es Salaam Stock Exchange (DSE) dipped during the trading week session last week posting a ...
Tanga Cement share price jumps 9.8 pct despite cautionary notice issued this week
The Tanga Cement Company Limited (TCCL) stock appreciated by 9.8% to close at 1120/- per share during yesterday’s trading session ...
Shanta Gold receives VAT tax refunds worth $5.7 million from the taxman in Q1, 2023
East Africa-focused gold producer Shanta Gold received Value Added Tax (VAT) refunds and offsets amounting to $5.7 million (approximately 13.4bn/-) ...
Peak secures Special Mining License for the Ngualla Rare Earth Project
The Tanzanian Government has granted Peak Rare Earths Limited (ASX: PEK) a Special Mining Licence (SML) for the Ngualla Rare ...
CRBD Bank nominated for African Banker Awards 2023
African Banker magazine has shortlisted CRBD Bank as one of nominees for this year’s edition of its African Banker Awards. ...
20 Yr Treasury bond undersubscribed for the first time since 2018
Investors’ appetite for the 20-yr Treasury bond waned last week with the long-term bond being undersubscribed for the first time ...
Improved business environment to drive flight frequencies and cargo volumes up in 2023 – Swissport
Improved business environment registered in the aviation sector over the past years is expected to increase flight frequencies and volume ...
Shanta achieves 100,000 oz/y gold production status
Aim-listed Shanta Gold achieved the first gold pour at its Singida gold mine, in Tanzania, on March 30, increasing production ...
IMF approves immediate disbursement of about $153 million to Tanzania
The executive board of the International Monetary Fund (IMF) has approved the first review of Tanzania's three-year extended credit facility, ...
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