Kilimanjaro coffee farmers get health insurance cover

Over 10,000 households engaged in coffee production in Kilimanjaro Region have benefited from health insurance facilities introduced a...
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Copper smelting plant starts production

Mr Dalgraard. State-of-the art copper oxide ore smelting plant in the country has commenced production after completion of tests.  ...
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Dar es Salaam bourse trading remains positive

DSE Broker, Raphael Masumbuko Trade at the Dar es Salaam bourse remained buoyant with shares exchanging hands jumping to 16,395,155 ...
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Barclays introduces premier bank services

Barclays Bank Tanzania’s customers can now access their accounts using smart phones and iPads, thanks to technological advancement t...
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Over three hundred mining firms could be de-registered

More than 300 mining companies -- mostly those owned by locals -- risk losing their mineral prospecting licences should the government...
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Minister: No plans to revoke oil and gas pacts

Prof Muhongo. Tanzania will not revoke existing oil and gas contracts, its energy minister has said, two days after he was widely ...
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Individuals to compete for state enterprises top posts

Dr Mgimwa. The government plans to stop appointing chairpersons and chief executive officers of state owned enterprises (SoEs) to all...
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Tigo embarks on pro-child initiative

The government has hailed initiative  by MIC Tanzania (Tigo) to support brilliant social entrepreneurial idea towards children welfa...
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BoT grants licence to new women’s bank

BoT HQ A new community bank has opened its doors for business in Tanzania.The Bank of Tanzania (BoT) has issued a licence to Coven...
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Review of oil deals sends shock waves to investors

The oil and gas sector was reeling in shock yesterday following a government decision to review its contracts.  Ophir Energy, a ...
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Inflation rate worries experts

Dr Mgimwa. Economists have raised concerns over country’s low capacity to manage inflation, saying the inflation rate reduction ...
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Mbinga Bank joins UmojaSwitch

Customers of Mbinga Community Bank (MCB), Mbinga in Ruvuma Region has all reasons to smile after the bank joined UmojaSwitch's A...
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High demand keeps interest rates high

BoT HQ The lending interest rates remained high in July ranging between 14.38 per cent and 16.32 per cent, while money experts a...
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Precision Air posts 2bn/- pre-tax profit

PW cabin crews Precision Air has posted a pre-tax profit increase of almost 20 per cent but was limited by massive shilling deprec...
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Focus now shifts to long-term bonds

BoT HQ in Dar The government bid to outsource large funds for investing activities in building infrastructure using domestic debt ...
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Dar es Salaam, New Delhi for firmer commercial ties

Mr Shaw with grey suit assisted by Mr Misra to open Zanaki Branch It’s high time Dar es Salaam and New Delhi intensified their eco...
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Credit bureau to reduce interest rates, Barclays

Mr Maina Barclays Bank Tanzania first opened shop in the country in 1925 and saw the country’s independence before being nationali...
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Shilling set to weaken further

The shilling is expected to weaken further before the end of the week on the back of US dollar demand while inflows in the market remain...
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Mtwara freeport plans get major boost

Export Processing Zones Authority (EPZA) has allocated 110 hectares in Mtwara for a Free port Zone, Mtwara Regional Consultative Counc...
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DSE to trade long-term bonds

Mr Khijjah. Tanzania is set to launch long tenure bonds of between 15 and 30 years to speed up infrastructure development and solve ot...
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Traffic jams push Dar es Salaam firms ‘out’

Dar traffic jam at Kariakoo Traffic jams in Dar es Salaam's Central Business District (CBD) are forcing wealthy commercial compani...
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TV journalist died after seeking to free colleague

Late Mwangosi As Tanzanians try to come to terms with the killing on Sunday of Mr Daudi Mwangosi, a Channel Ten journalist based...
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Postal Bank supports Wasira Primary School

Mr Moshingi Tanzania Postal Bank (TPB) has supported Steven Wasira Primary School in Mariwanda Village in Bunda district by constr...
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Bank M introduces electronic money marketing

Ms Woiso (center). Dar es Salaam based Bank M launched Money.Market programme to facilitate potential investors to buy and sale go...
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Credit reference bureau in pipeline

The Bank of Tanzania has reaffirmed its stance that the long awaited Credit Reference Bureau (CRB) will start operating this month i...
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Shilling firms against US dollar

The shilling has been trading at a steady range for the last eight months signifying that the monetary policy to reverse the free fall o...
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EA bloc in further talks on S. Sudan, Somalia

The East African Community (EAC) partner states will make further consultations on the applications of South Sudan and Somalia to jo...
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BoT: Tight monetary policy to stay

Prof Ndulu The Bank of Tanzania (BoT) will continue implementing its tight monetary policy until the inflation rate reaches the requir...
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