Tanzania – South Africa total trade hits 1.11trn/- in 2022
Tanzania is one of the South Africa’s foremost trading partners, with total trade between the two nations increasing from R6.89 ...
Tag: #TanzaniaBusinessNews
Petra’s Williamson Diamond Mine in Tanzania set to restart operations in Q1, 2024
Williamson Diamond mine in Tanzania a subsidiary of Petra Diamonds located 23 kilometres northeast of Shinyanga in Tanzania is scheduled ...
Why the NICOL share price has appreciated by 22 pct since the beginning of the year
The price of NICOL is up 22% since the beginning of the year following a substantial annual profit growth of ...
KCB Group’s post-tax profit jumps 19.5% in 2022
Kenyan lender KCB Group yesterday posted a 19.5% rise in 2022 after-tax profit to 40.8 billion shillings ($314.57 million), driven ...
BoT to continue implementing a less accommodative monetary policy in March and April to control inflation below the target
The Monetary Policy Committee (MPC) has approved the Bank of Tanzania (BoT) to continue implementing less accommodative monetary policy in ...
BoT extends statutory administration of Yetu Microfinance for another 1 month
In exercising of its powers under Section 56(1) (g)(iii) of the Banking and Financial Institutions Act, 2006, the Bank of ...
Four M&A deals recorded in Tanzania in February 2023 fetch a whopping $24.3 million
Mergers and acquisitions (M&A) deals in Tanzania raked in $24.34 million (approximately 57bn/-) during February 2023 according to the latest ...
Bottlenecks hold back EAC trade despite strides, new report says
The East African Community (EAC) partner States appear to always be fighting over products from their neighbours. If it is ...
StanChart disburses 1.4bn/- grant to facilitate Tanzania’s SGR project sustainability
The Tanzania government has received a grant of 1.4bn/- (approximately $ 596,406) from International Standard Chartered Bank Ltd which will ...
FAO’s FISH4ACP programme empowers women to address falling yields and discrimination
When Suzana Hamimu Kaleju began working as a fish processor 30 years ago in the port of Kigoma, she used ...