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Strong economy signals stability

DAR ES SALAAM, Nov. 4 -- TANZANIAS economy continues to demonstrate impressive resilience, defined by accelerating GDP growth, sub-target inflation, expanding manufacturing output, and upgraded sovere... Read More


BoT sells 5.1 tonnes of gold

DAR ES SALAAM, Oct. 9 -- THE Bank of Tanzania sold 5.1 metric tonnes of gold from its reserves last week as prices rose, part of a strategy that allows the bank to trade bullion while building its hol... Read More


BoT holds rate at 6.25pc in fourth quarter

DAR ES SALAAM, Oct. 9 -- BANK of Tanzania (BoT) kept its Central Bank Rate (CBR) at 6.25 per cent for the fourth quarter of 2026 as inflation remained within target and private-sector credit surged. ... Read More


Mobile money reshapes economy

DAR ES SALAAM, Aug. 17 -- MOBILE money is becoming an increasingly important part of Tanzanias economic plumbing, with mobile-payment transactions jumping 28.3 per cent to 255.1tri/- in 2025 as digita... Read More