Shanta delivers strong results in 2022 despite missing guidance
Following a strong end to 2022 at all of its assets, including record yearly throughput at the New Luika mine, ...
Tag: #LatestTanzaniaBusinessNews
Uber makes a U-turn in the Tanzanian market
Ride-hailing service provider Uber has today announced the resumption of its services in the Tanzania market following a pause that ...
Private sector credit growth up 22.6 pct on improved economic activity
Private sector credit growth in the country increased by 22.6 per cent on year-on-year basis in November last year , ...
Petra completes measures to contain tailings breach at Williamson diamond mine
When the eastern wall of a tailings storage facility at the Williamson diamond mine, in Tanzania, was breached on November ...
India’s exports to Tanzania increased three-folds in 2022
India exports to Tanzania rose by a threefold last year mainly on account of petroleum and diesel according to official ...
Tanzania’s food stock down to 147,401 tonnes in November, 2022
Food stock at the National Food Reserve Agency (NFRA) fell to 147,401 tonnes in November last year as compared to ...
Tanzania ‘cautious’ on digital currency adoption after initial research
Tanzania’s central bank says it is still considering the introduction of a central bank digital currency (CBDC) but will be ...
CRDB dominates as Dar equity market falls 22 pct
The Dar es Salaam Stock Exchange (DSE) registered a slight downward tick recording a turnover of 2.6bn/- during the trading ...
Unified currency for EAC could be implemented sooner than expected
In a bold move towards economic unity, the East Africa Community (EAC) has announced plans to implement a single currency ...
Intra-EAC trade hits $10 billion mark in September 2022
Intra-regional trade within the East African Community (EAC) is on an upward trajectory, standing at US$10.17 billion in September 2022. ...