Swissport Tanzania scoops financial reporting award

Swissport Tanzania was last weekend declared the country winner of the 11th edition of the Financial Reporting (FiRe) Award at an awar...
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Low world market coffee prices frustrate farmers

A coffee farmer Farmers' earnings from coffee production are likely to decline due to the continued fall of prices in the world ...
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Government securities yield seen on decline

BoT HQ in DSM Treasury Bill yields are decreasing since the beginning of the year, reflecting comparative liquidity in the market an...
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Banks challenged to lower lending rates

Dr Kigoda The Ministry of Industry and Trade has challenged commercial banks to find ways of lowering borrowing costs especially for...
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Kikwete to officially launch Arusha City

President Jakaya Kikwete is tomorrow (Thursday) expected to officially launch the newly announced City of Arusha by ‘City Emblem’ at...
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Ewura engages TRA to avert fuel shortage

Worried over by the abrupt shortage of petroleum products, Tanzania now wants to purchase fuel that is destined for neighbouring c...
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Diamond production at Mwadui goes up

Petra Diamonds has said total production at its Williamson Mine is expected to increase to 2.5 tonnes per annum next year before climbi...
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Petra Diamonds ups output, revenues at Tanzania mine

Williamson Mine Petra Diamonds said that total production at its Williamson mine, in Tanzania went up by 93 percent to 57,050 carats ...
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Over 500m/- raised for MNH children cancer ward

Bank M and the Rotary Club of Dar es Salaam have raised over   531m/- in support to the construction of children cancer ward at th...
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China’s slowdown affects African countries growth

China's economic slowdown is poised to adversely affect growth in Sub-Sahara Africa (SSA)  because of increasingly important contr...
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Citibank sees assets grow to 70m US dollars

Citibank Tanzania's assets have grown 18 times to reach 70 million US dollars, thanks to the backing of its parent company which i...
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Local sugar producers told to compete

The Sugar Board of Tanzania (SBT) has urged local sugar producers to sell their product at competitive prices while the government...
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Apetite for govt securities remains high

BoT. HQ in Dar The latest Treasury Bills (TBs) auction has been oversubscribed by 38.86bn/- or 35.32 per cent, reflecting excess liqu...
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Exim Bank extends wings to Kigoma

Exim Bank, Tanzania’s sixth largest bank in terms of total assets and deposits, has continued to embark on its expansion programme, ...
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THE PRESIDENT OF BURUNDI ATTESTS TO THE REALITY OF THE MIRACLES IN BISHOP ZACHARY KAKOBE'S MINISTRY

link http://www.youtube.com/watch?v=FcDTwbP29BA  
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Norwegian equity fund enters Tanzanian market

The business community has been called upon to utilise the long term credit facility provided by the Norwegian Investment Fund for Dev...
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Current foreign reserves standing offers good hope

BoT HQ at DSM: Tanzania has enough foreign reserves to cover four months of projected imports of goods and services, which can cus...
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Bank M records mouth-watering profit

Ms Woiso Bank M’s Head of Transaction Banking, Jacqueline WoisoBank M’s Head of Transaction Banking, Jacqueline Woiso BANK M...
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Mine’s engagement with locals impresses ministers

African Barrick Gold (ABG) would fully execute the Villages Benefits Implementation Agreements (VBIA) signed between North Mara Go...
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NBC boss cleared of corruption, recalled

Mr Mafuru Allegations of bad management, corruption and theft made against the National Bank of Commerce (NBC) Managing Director, ...
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