Mr Kiula Tanzania Revenue Authority (TRA) plans to extend the uses of Electronic Fiscal Devices (EFDs) to Value Added Tax (VAT) no...
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July 2012
Port increases efficiency through one stop centre
The Dar es Salaam Port has launched the One Stop Centre (OSC) designed to cut down port dwelling and ...
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Shilling weaken slightly
The shilling weakened slightly during Monday’s session on the back of resurgent US dollar demand from oil, telecom, and manufacturing co...
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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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Investors remain attracted to bonds
BoT HQ in Dar The amount tendered in a 7-year bond floated by the Bank of Tanzania (BoT) last week more than doubled to 71.01bn/- co...
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CRB vow to support local contractors
Boniface Muhegi Financially crippled local contractors that were for many years alienated from the lucrati...
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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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Mobile phone firms decry dollar charges
Vodacom Tanzania has blamed the rising cost of doing business in the country on the frequency band ...
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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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New rules to improve social security
Ms Isaka Social Security Regulatory Authority (SSRA) is setting up new rules and regulations aimed at improving benefits for their...
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Value Added Tax set for review
The government has embarked on drafting the new Value Added Tax (VAT) law to minimise exemptions and preferential treatments, the Intern...
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Vodacom eyes deeper rural expansion
Mr RENE MEZA LESS than a year since he took to the position at the helm of Tanzania's leading mobi...
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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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DSE starts on the right foot
DSE brokers Dar es Salam Stock Exchange (DSE) has gotten off week to a relatively good start. Though, on Monday, both indic...
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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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NBC boss: I’m ready to face investigators
Mr Mafuru National Bank of Commerce (NBC) managing director Lawrence Mafuru was yesterday sent on leave to pave the way for an i...
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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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