Dar equity market down 22 pct during first week of 2023
The Dar es Salaam Stock Exchange (DSE) registered a 22.2 per cent decrease in turnover during the first week of ...
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Tag: #LatestBusinessNews
Emmanuel Tutuba appointed Bank of Tanzania Governor
Tanzanian President Samia Suluhu Hassan on Saturday appointed Emmanuel Tutuba, previously a permanent secretary at the Ministry of Finance and ...
Monchy Food Company acquires cashew plant in Tanzania
The management of Monchy food company (Mfc) has closed the acquisition of Amama Farms cashew processing plant in Tandahimba, Tanzania. ...
Tanzania’s mining sector registered a 9.8 pct growth rate in Q3, 2022
Mining activity in Tanzania recorded a growth rate of 9.8 per cent in third quarter 2022 compared to a growth ...
Tanzania’s economy grew by 5.2 pct in Q3, 2022 – NBS
Tanzania's economy grew at 5.2 per cent in the third quarter of 2022 compared as 5.5 per cent attained in ...
Efforts to increase digital ID issuance across Africa maintain steam
As digital ID adoption continues around the world, a number of countries in Africa including Tanzania, Malawi and Nigeria, are ...
Dar takes on Kenya with $2.2 billion SGR link to DRC
Kenya’s plan to control East Africa’s logistics corridor has been put to a fresh test after Tanzania moved to extend ...
Tanzania’s economy remained resilient in 2022 despite global economic shocks – REPOA
Tanzania’s economy remained resilient despite global economic shocks in 2022 that caused supply chain disruptions including the on-going Ukraine –Russia ...
Auric Air to embark on expansion strategy after securing second Dash 8 aircraft
Avmac announced that it has sold one De Havilland DHC 8-200 to the Tanzania based airline Auric Air. The aircraft ...
World economy faces more pain in 2023 after a gloomy year
This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was marked ...