Dar stock market up 156 pct to 1.72bn/- on high investors’ appetite for stocks
Market activities at the Dar es Salaam Stock Exchange (DSE) registered an upside tick during the five-day trading session last ...
Tag: #LatestBusinessNews
Shanta achieves first gold pour at Singida mine in Tanzania
Aim-listed Shanta Gold has announced the first gold pour, of 35 oz, at the Singida gold mine in central Tanzania ...
Obedi Laiser appointed Absa Tanzania CEO
Former Absa Tanzania Executive Director Finance Obedi Laiser has been announced as the new Chief Executive Officer for Absa Tanzania ...
Tanzania, U.S. EXIM to ink $500 million MoU to facilitate export financing
The Export-Import Bank of the United States (EXIM) and the Government of Tanzania will sign a Memorandum of Understanding (MOU) ...
Shanta posts higher output, profit for 2022
Aim-listed Shanta Gold finished the 2022 financial year with 18% higher gold production, at 65 209 oz, with strong operational ...
New CAG report puts 14 Government business entities on spotlight over huge loses
A new report released by the Controller and Auditor General (CAG) has put fourteen Government entities including Air Tanzania Company ...
Walkabout secures $20-million debt facility to complete construction of its flagship Lindi Jumbo graphite mine
Junior Walkabout Resources has secured a $20-million debt facility with investment fund manager Gemcorp to complete construction of its Lindi ...
Dar CEOs rank changes in regulation as the highest potential disruptor to profitability
Top Chief Executive Officers (CEOs) working in Tanzania have ranked of changes in regulation as the highest potential disruptor to ...
NALA to invest $1 million in Tanzania after securing Payment Service Provider license from BoT
NALA, a Tanzanian fintech company, has received a Payment Service Provider license from the Bank of Tanzania (BoT) which will ...
Dar stock market slumps 48.5 pct to 675.2m/- on low investors’ appetite for stocks
Market activities at the Dar es Salaam Stock Exchange (DSE) registered a 48.5% decreased in turnover posting 675.2m/- as compared ...
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