Outlook for Tanzania’s equity market to remain positive in coming weeks
Tanzania’s equity market outlook is expected to remain positive in the coming weeks driven by favorable economic environment supported by ...
Tag: #TanzaniaBusinessNews
EACOP project to be completed as planned – Deputy Energy Minister
The Deputy Minister for Energy, Stephen Byabato, assured all stakeholders that the East African Crude Oil Pipeline (EACOP) would be ...
Dar equity market continues bullish run, posts 4.9bn/- turnover
Market activities on the Dar es Salaam Stock Exchange (DSE) demonstrated a consistent upward trend for the third consecutive week ...
Titanium miner eyes Tanzania as Kenya withholds licenses
Kwale miner Base Titanium has shifted its exploration for new mineral resources to Tanzania as Kenya maintains a ban on ...
Indian firm starts commercial production of rubber recycling at Tanzania plant
Gravita India has informed stock exchanges that commercial production and recycling of waste rubber has started at its plant in ...
5-Yr Treasury bond undersubscribed on investors’ appetite for long-term papers
Investors’ appetite for the 5-yr Treasury bond waned last week with the short-term bond being undersubscribed according to the available ...
BHP-backed Tanzania nickel miner in talks for offtake contracts
BHP Group-backed Lifezone Metals, which is developing a nickel mine in Tanzania, is negotiating supply deals with several electric vehicle ...
Tanzania’s forex reserves down to $4.9 billion, sufficient to cover 4.4 months of imports
Tanzania’s foreign exchange reserves closed at $4.9 billion at the end of April 2023, down from $5.5 billion at the ...
KCB first quarter profit drops to $69m on DRC unit costs
KCB Group net profit for the first three months of the year has dropped by 2.9 percent to Ksh9.5 billion ...
Tanzania’s inflation to remain low till the end of year on improved food supply
Tanzania’s inflation will remain low during the remainder of this year based on expected further decline in food and energy ...