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Uganda, Tanzania near crude export milestone

Dar es Salaam, Jan. 13 -- FOR decades, the vast oil reserves beneath the Albertine Graben in Western Uganda remained a promise locked in the earth. Today, that promise is finally flowing toward reali... Read More


Banks lead DSE as trading turns selective

DAR ES SALAAM, Jan. 13 -- EQUITIES on the Dar es Salaam Stock Exchange traded in a narrow range Friday as banking stocks anchored liquidity, while selective gains in smaller counters pointed to stock-... Read More


DSE edges higher as banks lead trading

DAR ES SALAAM, Jan. 9 -- EQUITIES on the Dar es Salaam Stock Exchange rose modestly Wednesday, with banks extending recent gains as investors focused on a small number of liquid counters while bond tr... Read More


BoT holds policy rate at 5.75pc

DAR ES SALAAM, Jan. 9 -- THE Bank of Tanzania (BoT) maintained its central bank rate (CBR) at 5.75 per cent for the first quarter of 2026, marking the third consecutive hold, thanks to stable inflatio... Read More


Shares edge higher as local investors anchor early-year trading

DAR ES SALAAM, Jan. 6 -- TANZANIAN equities began the new year on a cautiously positive note, with the Dar es Salaam Stock Exchange (DSE) posting modest gains on Friday 2nd of January, supported large... Read More


Mining slump drags down industrial output

DAR ES SALAAM, Dec. 12 -- INDUSTRIAL production weakened in the second quarter of this year as a slump in mining offset gains in manufacturing and utilities, according to the National Bureau of Statis... Read More


Construction boom pushes cement output to record levels

DAR ES SALAAM, Dec. 12 -- CEMENT production has increased nearly fivefold over the past 17 years, rising from 1.63 million tonnes in 2007 to 7.70 million tonnes in 2024, according to government data, ... Read More


BoT steps up dollar sales amid surging demand

DAR ES SALAAM, Dec. 2 -- THE central bank sold a combined 45 million US dollars into the foreign-exchange market in two consecutive interventions last week as it moved to ease dollar shortages and cur... Read More


Digital payments, IDs drive African business growth

Dar es Salaam, Nov. 7 -- SECURE digital payment and identification systems could unlock a new wave of entrepreneurship and cross-border commerce in Africa, according to new survey findings released by... Read More