Tanga Cement share price jumps 9.8 pct despite cautionary notice issued this week
The Tanga Cement Company Limited (TCCL) stock appreciated by 9.8% to close at 1120/- per share during yesterday’s trading session ...
Tag: #LatestTanzaniaBusinessNews
Shanta Gold receives VAT tax refunds worth $5.7 million from the taxman in Q1, 2023
East Africa-focused gold producer Shanta Gold received Value Added Tax (VAT) refunds and offsets amounting to $5.7 million (approximately 13.4bn/-) ...
Peak secures Special Mining License for the Ngualla Rare Earth Project
The Tanzanian Government has granted Peak Rare Earths Limited (ASX: PEK) a Special Mining Licence (SML) for the Ngualla Rare ...
CRBD Bank nominated for African Banker Awards 2023
African Banker magazine has shortlisted CRBD Bank as one of nominees for this year’s edition of its African Banker Awards. ...
20 Yr Treasury bond undersubscribed for the first time since 2018
Investors’ appetite for the 20-yr Treasury bond waned last week with the long-term bond being undersubscribed for the first time ...
Improved business environment to drive flight frequencies and cargo volumes up in 2023 – Swissport
Improved business environment registered in the aviation sector over the past years is expected to increase flight frequencies and volume ...
Shanta achieves 100,000 oz/y gold production status
Aim-listed Shanta Gold achieved the first gold pour at its Singida gold mine, in Tanzania, on March 30, increasing production ...
IMF approves immediate disbursement of about $153 million to Tanzania
The executive board of the International Monetary Fund (IMF) has approved the first review of Tanzania's three-year extended credit facility, ...
EAC states recorded between $37 and $79 billion COVID-19 pandemic output loss
The COVID-19 pandemic hit the East African Community (EAC) region hard, with an estimated output loss of between $37 and ...
Domestic stocks record price gains as DSE posts bullish 2.47bn/- turnover
Market activities at the Dar es Salaam Stock Exchange (DSE) ended last week’s trading session in green with the bourse ...