Tanzania among top 10 countries with booming financial markets
Africa, often referred to as the “last frontier” for investment, has been capturing the attention of the global business community ...
Tag: #LatestTanzaniaBusinessNews
IFC gives $2.9bln to East African green economy businesses
The International Finance Corporation (IFC) has given Tanzania, Kenya and the Democratic Republic of Congo (DRC) businesses $2.9 billion in ...
Dar equities market plunges 57.5% to 1.9bn/- on low investors’ appetite for stocks
Market activities at the Dar es Salaam Stock Exchange (DSE) registered a notable downtick to post a 1.9bn/- turnover being ...
Tanzania’s current account deficit narrows to $4.02 billion in August on tourism earnings
Tanzania’s current account deficit narrowed to $4.02 billion in August this year as compared to $4.26 billion recorded during the ...
Dar bourse records net foreign outflow of 11.2bn/- in September, 2023
The Dar es Salaam Stock Exchange (DSE) recorded a net foreign outflow of 11.2bn/- ($4.41 million) in September from 466.6m/- ...
Tanzania’s mobile money subscription up 8.7% to 51.4 million accounts in Q3, 2023
Mobile money subscription in Tanzania has increased by 8.7% from 47.3 million accounts in the second quarter ending June 2023 ...
Tigo, Zanzibar agency ink deal to accelerate digital transformation
Telecom firm TigoZantel and the Zanzibar Information Communication Technology Infrastructure Agency (ZICTIA) have signed a Memorandum of Understanding (MoU) geared ...
Tanzania’s telecom subscriptions up 4.7% to 67.1 million in Q3, 2023
The number of active telecom subscriptions grew by 4.7% from 64.1 million recorded in June to 67.1 million during Q3, ...
Why mobile money users in Tanzania are switching back to cash payments
Governments across sub-Saharan Africa are implementing stiff and high taxes for mobile money services. In Tanzania and even Kenya, these ...
Shanta Gold’s production hits 27,935 ounces in Q3, 2023
East Africa focused gold producer, developer and explorer Shanta Gold has reported steady gold production in line with expectations in ...
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