Vodacom Tanzania’s M-Pesa revenue jumps by 8.4 pct to 357.1bn/- in Q1, 2023
Vodacom Tanzania’s M-Pesa revenue grew by 8.4% to 357.1bn/- during the first quarter this year, the company’s preliminary consolidated financial ...
Tag: #TanzaniaBusinessNews
Dar equity market ends April on a positive note, posts 5.6bn/- equity turnover
Tanzania's stock market concluded April on a positive trajectory, driven by strong corporate earnings reports to post a 22.5% increase ...
Hebo Consult, PMI Tanzania Chapter renew partnership to nurture project management skills in Tanzania
HEBO Consult, a premier project management training firm, and PMI Tanzania Chapter have announced the renewal of their partnership that ...
Tanzania, Kenya and Uganda to review $51b debts as Libor ends
East Africa biggest economies including Tanzania, Kenya and Uganda are under pressure to review and renegotiate the pricing of close ...
Zanzibar’s current account deficit widens by 47.9 pct to $359 million in March, 2023
Zanzibar’s current account deficit widened by 47.9 percent to $359 million during March 2023, from the deficit registered in corresponding ...
Tanzania’s inflation rate drops to 4.3 pct in April, 2023
Tanzania’s Annual Headline Inflation Rate for the month of April, 2023 dropped to 4.3 percent from 4.7 percent recorded for ...
Tanzania’s forex reserves drops to $5.01 billion in March 2023
The stock of Tanzania’s foreign reserves declined to $5.012 billion at the end of March 2023, from $5.581 billion recorded ...
Value of Kenya exports to Tanzania hit 995.5bn/- in 2022, tops EAC growth
Kenya’s total exports to Tanzania posted the biggest growth among all East Africa Community (EAC) destinations in terms of absolute ...
Dar stock market plunges 73 pct on low investors’ appetite for stocks
Market activities on the Dar es Salaam Stock Exchange (DSE) plummeted 73% during last week’s trading season recording a turnover ...
China takes over East African Crude Oil Pipeline funding
The Chinese appear to be taking over the financing of the East African Crude Oil Pipeline (Eacop) project, which has ...