NMB Bank disburses 1.8trn/- in loans to 168,600 women SMEs in 10 months
NMB Bank has dished out over 1.8trn/- to 168,600 women Small and Medium Enterprises (SMEs) during the first 10 months ...
Tag: #LatestTanzaniaBusinessNews
Tanzania’s Interbank FX market faced increased demand pressures in September
The interbank foreign exchange market (IFEM) in Tanzania continued to face increased demand pressures driven by a shortage of foreign ...
Tanzanian fintech NALA enters Rwanda market, promises cheap payment services
Tanzanian fintech NALA has entered the Rwanda market promising low-cost, trustworthy, and swift money transfer and payment services in Rwanda, ...
Zanzibar’s current account deficit surges to $417.1 million in September 2023
Zanzibar’s current account registered a deficit of $417.1 million during September 2023 from $344.8 million recorded during the corresponding period ...
China leads pack of Tanzania’s FDI inflows in Q1, 2023
China emerged the top source of Foreign Direct Investment (FDI) for Tanzania during Q1, 2023 after registering projects worth $614 ...
Huawei advocates for accelerating digital Africa for a prosperous and sustainable continent
Two transformative forces, digitalisation and decarbonisation, are currently driving humanity towards an intelligent world according to Leo Chen, President of ...
Dar registers 137 projects worth $ 2.06 billion in Q1, 2023
The Tanzania Investment Center (TIC) has reported an improvement in the quality of projects, capital, and jobs registered in Q1, ...
Dar equities market surges 55.7 pct to 3.53bn/- on local investors’ appetite for stocks
Market activities at the Dar es Salaam Stock Exchange (DSE) registered a notable uptick to post a 3.53bn/- turnover being ...
NMB Bank eyes crossing the 12trn/- asset mark before year end
NMB Bank total assets could cross the 12trn/- milestone during the end of this Financial Year, the bank’s Chief Financial ...
Why Tanzania’s money supply growth slowed for the second month in a row
The growth of extended broad money supply (M3) IN Tanzania slowed for the second month in a row in September ...