Foreign investors dominate as DSE equity turnover jumps by 121.7 pct to 12.5bn/- in May
Market activities at the Dar es Salaam Stock Exchange (DSE) increase by 121.7% to reach a total turnover of 12.55bn/- ...
Tag: #LatestTBWNews
EAC tables $103.8 million budget estimate for the 2023/2024 Financial Year
The East African Community (EAC) has tabled before the East African Legislative Assembly (EALA) the budget estimates for the 2023/2024 ...
15-year Treasury Bond continues to exhibit lower subscription levels despite the rise in yields
Investors’ appetite for the 15-Year bond continued to exhibit relatively lower subscription levels compared to the 20-Year and 25- Year ...
Tanzanian tycoon Said Bakhresa lists Zanzibar mansion for $12 million
Tanzanian multimillionaire Said Bakhresa – founder of the eponymous conglomerate Bakhresa Group and one of the wealthiest people in Africa ...
Zanzibar’s import bill hits $584 million in April on capital goods imports
Zanzibar’s import bill increased to $584 million in April 2023, from $438.3 million recorded during the corresponding period last year ...
Dar stock market turnover up 167.9 pct to 2.46bn/- on pre-arranged transactions
Market activities at the Dar es Salaam Stock Exchange (DSE) observed a substantial surge in turnover during the trading session ...
Tanzanian agritech NovFeed plans to increase capacity after winning a $1 million prize
Last month, Tanzanian biotech startup NovFeed won the Milken-Motsepe prize in agritech’s $1 million grant. NovFeed’s product offering involves the ...
Kenya, TZ resolve Namanga maize row
Kenya and Tanzania have resolved the latest trade row over maize, allowing entry of trucks held up at the Namanga ...
Zanzibar’s current account deficit widens to $353.8 million in April on increase on import bill
Zanzibar’s current account registered a deficit of $353.8 million during April,2023 as compared with a deficit of $258.8 million recorded ...
Tanzania’s inflation eases again to 4 pct in May, 2023
Tanzania’s annual Headline Inflation Rate fell to 4.0 percent in May from 4.3 percent recorded for the month of April, ...
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