Azania Bank Secures $10 Million Afreximbank Facility to Expand SME Financing
DAR ES SALAAM — Tanzanian small and medium-sized businesses are set to gain access to additional financing after Afreximbank approved ...
Tag: #LatestBusinessNews
Tanzania Green Summit Draws International Interest in Green Investment
DAR ES SALAAM — The Tanzania Green Summit 2026 has positioned the country as a meeting point for investors, businesses, ...
Buckreef Gold Project: A Transformative Journey of Investment Success in Tanzania’s Mining Sector
In its earlier years, Buckreef Gold mine faced periods of stagnation, with low activity levels and minimal production. However, the ...
Dar issues new policy to enhance effectiveness of the Interbank Foreign Exchange Market
The Bank of Tanzania (BoT) has issued a Foreign Exchange Intervention Policy that seeks to enhance integrity, transparency and effectiveness ...
Tanzania, Nigeria and other developing countries spent $443.5bn to service debt in 2022 – World Bank
Tanzania and Nigeria alongside other developing countries spent $443.5 billion to service public debt amid surge in interest rate, according ...
US dollar poised for its worst year since 2020
The US dollar is poised for its worst year since the onset of the pandemic, as Wall Street bets the ...
Dar stock market skyrockets by 196% to 11.07bn/- on pre-arranged block trades
The aggregate market turnover at the Dar es Salaam Stock Exchange (DSE) surged by 195.8% to 11.07bn/- during the trading ...
EAC external trade grows as member states imposes more barriers
East African Community (EAC) member states are trading more with countries outside the bloc owing to persistent trade disputes and ...
World Bank approves new Tanzania loans worth $1.14 bln
The World Bank has approved two separate loans worth about $1.14 billion combined to Tanzania to support its private sector, ...
StanChart completes the restructuring of its African businesses
Standard Chartered Plc is selling its consumer-banking business unit in the Ivory Coast to West African lender Coris Bank International ...