Government lauds Kilombero Sugar for massive investment in sugar industry
The Minister of Industry and Trade Dr. Ashatu Kijaji has lauded Kilombero Sugar Company Limited (KSCL) which produces 26 percent ...
Tag: #LatestTanzaniaBusinessNews
High import bills push Tanzania’s current account deficit to $4.86 billion in June 2023
Tanzania’s current account recorded a deficit of $4.86 billion in June 2023, compared with $3.398 billion recorded during the same ...
Nobel Helium on track to commence drilling at its North Rukwa Project next month
Noble Helium Limited's is on track to commence drilling its first well at its North Rukwa Project in Tanzania in ...
Private sector credit records 21.2 pct growth in June on improved business environment
Private sector credit in Tanzania continued to record strong growth, at 21.2 percent in the year to June 2023, mainly ...
Tanzania’s inflation slows to a two-year low in July
Tanzania’s Annual Headline Inflation Rate eased for the sixth-straight month in July, 2023 to 3.3 percent from 3.6 percent recorded ...
Tanzania’s real estate sector continued to recover from the pandemic-induced challenges in 2022
Tanzania’s real estate sector continued to recover from the pandemic-induced challenges last year with commercial property occupancy rate increasing, reflecting ...
Shanta Gold to generate around $1bn in revenue over the next five years
Shanta Gold Limited - Shanta Gold set to generate around $1bn in revenue over the next five years, as gold ...
Banks dominate as Tanzania’s financial sector assets rise by 17.2 pct in 2022
The financial sector performance in Tanzania remained robust, as attested by the growth of assets according to the latest Financial ...
Silvercorp Metals initiates takeover deal for Nyanzaga gold project in Tanzania
Silvercorp Metals (TSX/NYSE: SVM) has initiated a takeover deal for Australian gold developer OreCorp (ASX: ORR). Under the deal, the ...
Stock market slumps 68.3 pct to 596.3m/- on low investors’ appetite for stocks
The Dar es Salaam Stock Exchange (DSE) witnessed mixed sentiments during the trading session last week, as both total and ...
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