Tanzania’s growth expected to reach 5.3 pct by year end
Tanzania’s growth in the first and second quarters this year remained satisfactory, at 5.4 percent and 5.2 percent, respectively, and ...
Tag: #LatestTanzaniaBusinessNews
Petrol and diesel prices fall marginally as kerosene prices surge in November
Motorists in Dar es Salaam will breathe a sigh of relief after a marginal fall in both petrol and diesel ...
EABC-GIZ seal €250,000 partnership to boost East African private sector engagement
The East African Business Council (EABC) has entered partnership with the GIZ ‘Support to East African Integration’ Programme for Phase ...
Tanzania among top 10 countries with booming financial markets
Africa, often referred to as the “last frontier” for investment, has been capturing the attention of the global business community ...
IFC gives $2.9bln to East African green economy businesses
The International Finance Corporation (IFC) has given Tanzania, Kenya and the Democratic Republic of Congo (DRC) businesses $2.9 billion in ...
Dar equities market plunges 57.5% to 1.9bn/- on low investors’ appetite for stocks
Market activities at the Dar es Salaam Stock Exchange (DSE) registered a notable downtick to post a 1.9bn/- turnover being ...
Tanzania’s current account deficit narrows to $4.02 billion in August on tourism earnings
Tanzania’s current account deficit narrowed to $4.02 billion in August this year as compared to $4.26 billion recorded during the ...
Dar bourse records net foreign outflow of 11.2bn/- in September, 2023
The Dar es Salaam Stock Exchange (DSE) recorded a net foreign outflow of 11.2bn/- ($4.41 million) in September from 466.6m/- ...
Tanzania’s mobile money subscription up 8.7% to 51.4 million accounts in Q3, 2023
Mobile money subscription in Tanzania has increased by 8.7% from 47.3 million accounts in the second quarter ending June 2023 ...
Tigo, Zanzibar agency ink deal to accelerate digital transformation
Telecom firm TigoZantel and the Zanzibar Information Communication Technology Infrastructure Agency (ZICTIA) have signed a Memorandum of Understanding (MoU) geared ...