Shanta Gold posts impressive H1 2023 earnings on improved output at its flagship New Luika mine
East Africa-focused gold producer, Shanta Gold posted impressive results during the first half this year recording a Profit after tax ...
Tag: #LatestTanzaniaBusinessNews
Sim card subscriptions in Tanzania hit 64.1 million In June 2023 – TCRA
The number of SIM Cards subscriptions in Tanzania rose by 3.6% from 61.9 million recorded in March 2023 to 64.1 ...
Raff Military Textile explores opportunities to tap into the Tanzanian market
Turkey-based Raff Military Textile, one of the leading names of the Turkish defense industry is exploring options of tapping into ...
Dar equities market down 9.9% to 4.71bn/- in August 2023
Market activities at the Dar es Salaam Stock Exchange (DSE) fell by 9.9% to 4.71bn/- in August this year according ...
Dollar scarcity hurts business in EA region
The scarcity and volatility of the dollar, high interest rates and access to credit is scaring away investors in the ...
Tanzania’s economy to expand by 5.1% in 2023 before rising further to about 6% despite global headwinds – World Bank
Despite global headwinds and regional droughts, Tanzania’s economy is projected to expand by 5.1 percent in 2023 before rising further ...
Mtwara farmers reaped 274bn/- from Warehouse Receipts Regulatory Board during 2022/2023 FY
The Warehouse Receipts Regulatory Board (WRRB) paid up to 274bn/- to farmers in Mtwara region directly engaged in producing crops ...
Dar stock market ends seven-week bull run, turnover dips 87.8% to 1bn/-
Market activities at the Dar es Salaam Stock Exchange (DSE) ended a seven-week bull run during the trading session last ...
NMB Foundation earmarks 1bn/- for ‘Nuru Yangu’ Scholarship and Mentorship Program 2023/2024
NMB Bank Foundation, the corporate social responsibility arm of NMB Bank has set aside 1bn/- for the NMB Nuru Yangu ...
The value of Tanzania exports hit $12.9 billion in July 2023
The value of export of goods and services in Tanzania hit $12.9 billion in July this year as compared to ...