Zanzibar’s current account deficit surges to $417.1 million in September 2023
Zanzibar’s current account registered a deficit of $417.1 million during September 2023 from $344.8 million recorded during the corresponding period ...
Tag: #LatestTanzaniaBusinessNews
China leads pack of Tanzania’s FDI inflows in Q1, 2023
China emerged the top source of Foreign Direct Investment (FDI) for Tanzania during Q1, 2023 after registering projects worth $614 ...
Huawei advocates for accelerating digital Africa for a prosperous and sustainable continent
Two transformative forces, digitalisation and decarbonisation, are currently driving humanity towards an intelligent world according to Leo Chen, President of ...
Dar registers 137 projects worth $ 2.06 billion in Q1, 2023
The Tanzania Investment Center (TIC) has reported an improvement in the quality of projects, capital, and jobs registered in Q1, ...
Dar equities market surges 55.7 pct to 3.53bn/- on local investors’ appetite for stocks
Market activities at the Dar es Salaam Stock Exchange (DSE) registered a notable uptick to post a 3.53bn/- turnover being ...
NMB Bank eyes crossing the 12trn/- asset mark before year end
NMB Bank total assets could cross the 12trn/- milestone during the end of this Financial Year, the bank’s Chief Financial ...
Why Tanzania’s money supply growth slowed for the second month in a row
The growth of extended broad money supply (M3) IN Tanzania slowed for the second month in a row in September ...
Tanzania’s inflation eases marginally to 3.3 pct in October, 2023
Tanzania’s annual headline inflation rate slightly decreased to 3.2 percent in October from 3.3 percent that was recorded for the ...
TADB pre-tax profit up 28pct to 4.88 billion in Q3, 2023
Tanzania Agricultural Development Bank (TADB) achieved an impressive financial performance during the third quarter of this year after posting a ...
Tanzania’s forex reserves dip to $4.88 billion in September
Tanzania’s foreign exchange reserves stock fell to $4.88 billion in September this year from $4.96 billion recorded at the end ...
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