NMB makes history after announcing largest sustainability bond issue in East and Central Africa
NMB Bank has issued a three-year sustainability bond christened “NMB Jamii Bond” which is expected to raise 75bn/- with a ...
Tag: #TanzaniaBusinessNews
Here are the top five news stories for the week ending September 22, 2023
Economy: Tanzania’s economy to expand by 5.1% in 2023 before rising further to about 6% despite global headwinds – World ...
Internet subscribers in Tanzania hit 34 million in June 2023
The number of internet subscribers in Tanzania rose to 34.04 million in June 2023 as compared to 28.8 million recorded ...
Shanta Gold posts impressive H1 2023 earnings on improved output at its flagship New Luika mine
East Africa-focused gold producer, Shanta Gold posted impressive results during the first half this year recording a Profit after tax ...
Sim card subscriptions in Tanzania hit 64.1 million In June 2023 – TCRA
The number of SIM Cards subscriptions in Tanzania rose by 3.6% from 61.9 million recorded in March 2023 to 64.1 ...
Raff Military Textile explores opportunities to tap into the Tanzanian market
Turkey-based Raff Military Textile, one of the leading names of the Turkish defense industry is exploring options of tapping into ...
Dar equities market down 9.9% to 4.71bn/- in August 2023
Market activities at the Dar es Salaam Stock Exchange (DSE) fell by 9.9% to 4.71bn/- in August this year according ...
Dollar scarcity hurts business in EA region
The scarcity and volatility of the dollar, high interest rates and access to credit is scaring away investors in the ...
Tanzania’s economy to expand by 5.1% in 2023 before rising further to about 6% despite global headwinds – World Bank
Despite global headwinds and regional droughts, Tanzania’s economy is projected to expand by 5.1 percent in 2023 before rising further ...
Dar stock market ends seven-week bull run, turnover dips 87.8% to 1bn/-
Market activities at the Dar es Salaam Stock Exchange (DSE) ended a seven-week bull run during the trading session last ...