Trade minister unveils over 170bn/- budget

Dr Kigoda The Industry, Trade and Marketing minister, Dr Abdallah Kigoda, has unveiled his ministry’s 170.2bn/- budget, with 60bn/...
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House Ethics team also eating at Tanesco — MP

Who will bell the cat?  That must be the big question now in Dodoma, for Parliament is faced with the unenviable task of dealing wit...
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SMP project set for completion in October

Ship at Dar Por Tanzania Port Authority (TPA) has extended the deadline to complete the expansion of the single mooring point (SPM...
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'Tanesco does not need subsidy'

Mr Mbatia The Chairman of NCCR-Mageuzi, Mr James Mbatia (Nominated - NCCR), told a news conference here that Tanesco does not need any...
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Dar es Salaam eyes lucrative Dubai meat market

Tanzania is preparing to take advantage of the meat market slot in Dubai through encouraging local businesspeople to supply animals to...
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Turkish eagers to tap business opportunities in Dar

Turkish businessmen are planning to invest in the energy sector after being impressed with available opportunities in the country.   ...
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Cotton buying season picks up gradually

This year cotton buying season is reportedly picking up gradually, with producers opting to supply at the previously disputed price of...
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Precision Air hangar for opening on Friday

Mr Kioko. Precision Air (PW) will today open its state-of-the-art hangar at the Julius Nyerere International Airport (JNIA). The P...
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Emirates, Turkish Airlines to fly to KIA

Two more international carriers, the Emirates and Turkish   Airlines plan to launch direct flights to Kilimanjaro International Airp...
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Hasten talks on single currency, EAC advised

The East African Community (EAC) partner states must speed up monetary union talks and conclude the negotiations by the end of this ...
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Regulatory framework for municipal bonds out soon

Mr Kitua The regulatory framework for the initiation of the municipal bonds to enable local government authorities raise funds for...
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Dar tourism campaign moves to Britain

Tanzania will next month start a tourism marketing campaign targeting UK   and   thousands of   people attending Olympics in London ...
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Shilling flexes muscles

The shilling has gained slightly on  trading session Monday against the greenback as NGO’s and other corporate sold the greenback fo...
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India, Dar cement business relations

The government through Tanzania Investment Centre (TIC) has signed a Memorandum of Understanding (MoU) with India's Gujarat regi...
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Move to establish debt liability monitoring system underway

Finance and Economic Affairs Ministry is set to launch a new debt management office that will consolidate fragmented debt management...
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M-Pesa transacts 1trn/- monthly: Vodacom

Mr Meza. The monthly volume of money transacted on by Vodacom Tanzania through its M-Pesa service has reached 1trn/-, the company ...
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Local gas stock to last 100 years

Songas Tank at Ubungo DSM Natural gas that was recently found in the country will last for more than 100 years, Tanzania Petroleum...
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Over 100 Tanzanians jailed in China for prostitution, drugs

Marmo Prostitution and trafficking of narcotic drugs has adversely affected good ties between China and Tanzania. More than 10...
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Gas to bring many economic benefits

With the construction of the 532-km natural gas pipeline from Mtwara to Dar es Salaam, savings  from low cost gas power generation wou...
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Tanzania shilling remains stable

Importers saved the shilling after refusing to buy the US dollar above 1,581/- to 1,595/- ranges on Wednesday, causing the exchang...
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T-Bills auction heavily oversubscribed

BoT HQ, Dar Many investors have rushed for Treasury bill that was heavily oversubscribed despite dropping of average yield rates b...
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