UBA partners AfCFTA, invests $6 billion to finance SMEs in Africa
United Bank for Africa (UBA) Plc, on Monday signed an agreement with the Africa Continental Free Trade Area (AfCFTA) secretariat ...
Tag: #TanzaniaBusinessNews
Tanzanian gold magnate Ketan Patel loses $2.3 million on paper in just 10 weeks as Shanta Gold shares fall
Tanzanian gold magnate Ketan Patel, a prominent figure in the East African gold industry, has experienced a significant decline in ...
Dar equity marked plummets by 51.8 pct to 2.2bn/- on low investors’ appetite for stocks
The Dar es Salaam Stock Exchange (DSE) nose-dived during the five-day trading session with its turnover falling by 51.8% to ...
Rolls-Royce expands into East Africa
Rolls-Royce Holdings Plc is opening its first office in East Africa, drawn by increased demand for engines to generate electricity ...
Tanzanian passport ranked 2nd among EAC economies in latest Henley Passport Index ranking
The latest Henley Passport Index, a Global passport ranking has placed the Tanzanian passport in the second position scoring 101 ...
EAC countries challenged on meeting agric targets
With only two years remaining until the deadline set by the East African Community (EAC) Member States to end hunger ...
Tanzania’s sea and lake ports cargo volume up 26 pct to 6.5 million tonnes in Q1, 2023
The volume of cargo handled at major sea and lake ports in Tanzania increased by 26 percent to 6.5 million ...
Mohammed Dewji among 4 African billionaires pledging to dedicate a significant portion of their fortunes to charity
Four African billionaires including Tanzania’s business mogul Mohamed Dewji are among wealthy individuals worldwide who have made pledges to dedicate ...
Marriott set to unveil first JW Marriott luxury safari lodge in Tanzania’s Serengeti
Marriott International has announced that it has signed an agreement with Delaware Investment Limited to open its first JW Marriott ...
Tanzania’s private sector credit improves to 22.2 pct on improved business environment
Tanzania’s private sector credit growth improved to 22.2 percent, compared with the target of 10.7 percent for financial year 2022/23 ...