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DTB Tanzania sees 50pc profit jump on SME strategy

DAR ES SALAAM, Dec. 12 -- Diamond Trust Bank (DTB) Tanzania posted a 50 per cent increase in profit after tax to 13bn/- in the first quarter of 2025, alongside total assets of 1.89tri/-. The growth i... Read More


Airtel boosts connectivity in Morogoro, K'njaro with new towers

MOROGORO, Dec. 12 -- Airtel Tanzania has strengthened its push for nationwide connectivity with the construction of three new telecom towers in the Morogoro and Kilimanjaro regions, a move expected to... Read More


TASAF empowering vulnerable groups as Tanzania marks 64 years of independence

DAR ES SALAAM, Dec. 9 -- As Tanzania commemorates 64 years of independence, the nation is also reflecting on the enduring vision of the Father of the Nation, Mwalimu Julius Nyerere, who identified pov... Read More


How AI can streamline procurement operations in Tanzania's evolving supply chains

Dar es Salaam, Dec. 9 -- For years, businesses across Tanzanias manufacturing and distribution landscape have grappled with the inefficiencies of manually processing Local Purchase Orders (LPOs). Tim... Read More


TZ lures Indian investor in city natural gas distribution

DAR ES SALAAM, Dec. 6 -- THE HCG Gas Ltd, an investment company based in India, has shown interest to invest in Tanzanias City Gas Distribution and CNG project. Companys representative, Ms Rekha Shar... Read More


Puma Energy Tanzania bags 2 prestigious awards

DAR ES SALAAM, Dec. 3 --  PUMA Energy Tanzania‘s commitment to excellence, innovation, and customer-centric service was powerfully validated at the annual Consumer Choice Awards held in Dar... Read More


Mass cardiac screening and treatment camp starts in Singida

Dar es Salaam, Dec. 2 -- The camp is being conducted through a collaboration between Benjamin Mkapa Hospital (BMH) and the Singida Regional Referral Hospital. Speaking during the launch, Mr Rayhan Mb... Read More


Kenya, Somalia stock market controllers agree on cross-border investment, financial integration

NAIROBI, KENYA, Dec. 1 --  The Nairobi Securities Exchange Plc (NSE) of Kenya and the National Securities Exchange of Somalia (NSES) have today signed a landmark Memorandum of Understanding (MoU)... Read More


Tourism Boom: Zanzibar nears 1m visitors a year

Dar es Salaam, Nov. 28 -- Zanzibar is on the verge of a historic milestone as annual tourist arrivals move closer to the one-million mark—an achievement that tourism authorities say reflects the... Read More


Theodora John steps in as Oasis CEO

DAR ES SALAAM, Nov. 27 --  Oasis Financial Services Limited has named Ms Theodora Joseph John as its new Chief Executive Officer, with her appointment set to take effect on January 2, 2026. The ... Read More