Private sector credit up 22.9 pct in Q4, 2022 on recovery of various economic activities
Credit to Tanzania’s private sector sustained strong growth in the fourth quarter last year averaging 22.9 percent compared with 7.8 ...
Tag: #TanzaniaBusinessNews
Tanzania’s GDP projected to grow at 5.3 pct in 2023
Gross Domestic Product growth in Mainland Tanzania and Zanzibar is expected to be around 5.3 percent and 6.1 percent in ...
Top US insurance broker Marsh, rivals asked not to deal with EACOP project
Advocacy coalition Insure Our Future is covering its bases, not only asking top insurance broker Marsh to withdraw from its ...
FSD Africa targets to back $400 million of Green Bonds in four African countries including Tanzania
FSD Africa is in talks with potential green-bond issuers across the continent to raise at least $400 million for climate-linked ...
Tanzania’s banking sector remained capitalized throughout 2022, says BoT
Tanzania’s banking sector remained adequately capitalized, liquid and profitable throughout 2022 amid global economic shocks according to Monetary Statement Policy ...
Construction of Shanta’s new Singida gold project over 90% complete
East Africa-focused gold producer, developer and explorer Shanta Gold reports that the overall construction activity at its Singida gold project, ...
Cement production in Tanzania hits 7.5 million tons in 2022
Cement production in Tanzania increased by 14.9 per cent to 7,598,073 tons last year from 6,614,359 tons reported in 2021 ...
Low-cost carrier FlySafair to extend wings to three African destinations including Zanzibar
FlySafair is set to expand its regional route network with planned flights to Zanzibar, Windhoek and Harare The low-cost airline ...
EAC developing Regional Diaspora Policy to drive regional integration
The East African Community (EAC) Secretariat is developing an EAC Diaspora Policy and Plan of Action to establish a strategic ...
Dar equity market ends week on a positive note, total market capitalization hits 16.1bn/-
Tanzania’s stock market ended last week’s trading session on a positive note with total market capitalization rising by 0.74% to ...