Prof Mkilaha.. Exploration and mining of uranium in the country will meet all the internationally accepted safety standards and ...
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September 2012
Tigo launches SIM cards for smart phones
Mobile phone operator, Tigo, yesterday introduced the custom-made SIM cards or ‘smartcards,’ for BlackBerrys, Android phones and ...
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Siha keen to promote dairy sector
Siha District Council has earmarked potential investment opportunities in the dairy sector in a view to alleviate poverty in the area. ...
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Airtel inaugurates solar-powered towers
Airtel Tanzania has launched solar powered technology, striking a significant milestone in its endeavour to build a ‘green’ environm...
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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 to remove old daladala
The government will purchase all old commuter buses ‘daladala’ six months before the Dar es Salaam Rapid Transit (DART) buses start o...
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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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Billions lost in oil pipeline laxity
Dar Port. The government has been losing a staggering 40bn/- per month in the last six months due to ball tossing and weak supervi...
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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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Tanzania inflation slows for 8th month in August
Slowing food prices in Tanzania pushed its year-on year inflation rate to 14.9 percent in August from 15.7 percent a month earlier, a ...
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CRDB bank, TBL counters dip DSE indices
The Dar es Salam Stock Exchange (DSE) all indices closed the week in the red on the backdrop of losses ma...
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NMB promo gets positive results
The National Microfinance Bank’s (NMB) strategy to mobilise deposits through a three-month promotion has paid off, with over 40,000 ne...
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Postal bank prepares for listing
TANZANIA Postal Bank (TPB) has presented to the cabinet secretariat a proposal seeking permission for th...
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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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Policy shift inevitable to tap EAC common market
THE implementation of the East African Common Market Protocol has so far not benefited the local t...
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Shilling remains firmer
The shilling remained unchanged against the greenback on Tuesday after meeting adequate importer demand, preventing it to break signific...
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NBC boss' fate soon
Mr Mafuru The Board of Directors of NBC Limited will anytime from now announce the fate of the Bank's Managing Director, Lawre...
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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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Barclays plans to create 25,000 jobs in three years
Mr Maina. Barclays Bank Tanzania (BBT) is focusing to create 25,000 jobs in the next three years after coming up with a programme ...
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DSE August trading slows down
The Dar es Salaam Stock Exchange (DSE) activity has fallen by 31.2 per cent during last month, to affect the indices. The repo...
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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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EA experts meet to draft single customs roadmap territory
Namanga, Tanzania-Kenya, border post Customs experts from the East African partner states are meeting in Arusha to draft the roadm...
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DSE week-on-week turnover doubles
Week-on-week turnover has almost doubled at the Dar es Salaam Stock Exchange (DSE)...
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Top TPA brass firing flawed
Mr Mwakyembe Suspension of four senior Tanzania Ports Authority (TPA) officials including Director General, Mr Ephraim Mgawe, by T...
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Banking sector situation raises concerns: report
BoT HQ in Dar. A recent report on banking issues shows that the ability of banks to service short-term loans decreased last year f...
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Building boom ups cement demand
Local demand for construction cement surged in the first half of the year as a result of increased building activities in the country....
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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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State asks for more gas to Tanesco
Mr Maswi The government has directed Orca Exploration Group to increase supply of gas to Tanesco to ensure that there is adequat...
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