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Tanzania: Charting for East Africa's logistics hub

Dar es Salaam, Aug. 26 -- TANZANIA is strategically positioned to become East Africas leading logistics hub, leveraging its upgraded ports and transport infrastructure, which complement its geographic... Read More


Govt targets 450,000 subsidised cylinders distribution

DAR ES SALAAM, Aug. 15 -- THE government plans to distribute 452,445 subsidised gas cylinders nationwide by September this year to promote clean cooking energy. By June, 229,239 cylinders, 50.7 per ce... Read More


Japan provides over 10tri/- development aid in six decades

DAR ES SALAAM, Aug. 6 -- THE Japanese government has provided over 4.2 billion US dollars (10.42tri/-) in development assistance to Tanzania, marking six decades of partnership. Through the Japan Int... Read More


DSE, AfriCapital partner to boost investment flows

Dar es Salaam, Aug. 4 -- THE Dar es Salaam Stock Exchange (DSE) and AfriCapital Holdings have signed a Memorandum of Understanding (MoU) aimed at boosting countrys investment ecosystem. The partnersh... Read More


BoT, WFP to boost youth financial literacy in agric

DAR ES SALAAM, Aug. 1 -- THE Bank of Tanzania Academy and the World Food Programme have signed a Memorandum of Understanding (MoU) to enhance financial literacy in agriculture among the youth. The pa... Read More


Mpango pushes for digital transactions

DAR ES SALAAM, July 31 -- VICE-PRESIDENT Dr Philip Mpango has underscored the importance of adopting digital financial systems to boost efficiency and reduce reliance on cash-based transactions. Spea... Read More


Sea cucumbers, smart moves spark Tanzania's Ocean revolution

Dar es Salaam, July 24 -- Who knew sea cucumbers and seaweed could pay the bills? Thanks to a transformative initiative known as the Bahari Mali Project, where over 400 Tanzanians in Tanga and Pemba h... Read More


TIPS registers 500m/- transactions in 12 months

DAR ES SALAAM, July 17 -- DIGITAL transactions conducted through the Tanzania Instant Payments System (TIPS) have surpassed 500m/- by the fiscal year end of this June, underscoring the central banks o... Read More


Stakeholders raise alarm on operation challenges

DODOMA, July 16 -- INDUSTRIAL stakeholders have raised concerns over growing challenges threatening the sustainability and competitiveness of local industries. Key concerns include rising production ... Read More


BoT cuts key policy rate to meet liquidity demand

DAR ES SALAAM, July 4 -- THE Bank of Tanzania (BoT) has cut its benchmark interest rate by 25 basis points to 5.75 per cent for this years quarter three, down from 6.0 per cent in the previous quarter... Read More