Kenya’s state firm KenGen eyes Tanzania geothermal deals
Kenya’s state fir KenGen is eyeing drilling deals in Tanzania in what looks set to cement the Kenyan electricity producer ...
Tag: #TanzaniaBusinessNews
AfDB approves $107.8 million to promote Tanzania’s green and resilient recovery from Covid-19 impacts
The Board of Directors of the African Development Bank (AfDB) Group has approved a $107.8 million loan to Tanzania to ...
Tanzania sees spending rising 7 pct in 2023/24 budget
Tanzania plans a 7% increase in overall government spending in the next fiscal year during which it will prioritise spending ...
EAC finance ministers table 2023/24 Budgets
East African Community (EAC) countries expect overall national government spending to rise in the upcoming financial year (July 1 to ...
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/- ...
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 ...
Why Fitch Ratings assigned Tanzania ‘B+’; Stable outlook
Fitch Ratings has assigned Tanzania a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B+' with a Stable Outlook. According to ...
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 ...