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Barrick-Twiga tops Dividend Day payouts with Sh221.9 billion to Tanzania

Tanzania, June 30 -- Dar es Salaam. Barrick Mining Corporation, through its joint venture with the Government of Tanzania under Twiga Minerals Corporation, has emerged as the top dividend contributor ... Read More


Sulphur shortage threatens Sh1.2 trillion cashewnut industry

Tanzania, June 30 -- Dar es Salaam. Tanzania's target of producing 750,000 tonnes of raw cashew nuts (RCN) in the 2026/27 season faces pressure due to a shortage of powdered sulphur in key producing r... Read More


CRDB Insurance launches digital livestock cover

Tanzania, June 30 -- Dar es Salaam. CRDB Insurance Company, in partnership with Agriculture and Climate Risk Enterprise (ACRE Africa), has launched a digital insurance product for livestock farmers. ... Read More


How ongoing reforms are paying off for Tanzanian banks

Tanzania, June 30 -- Dar es Salaam. Tanzania's banking sector has recorded a major regional milestone, with leading lenders ranking ahead of some of their East African peers in the latest East and Cen... Read More


Samia issues stern warning on public funds misuse

Tanzania, June 30 -- Dar es Salaam. President Samia Suluhu Hassan has warned against negligence and misuse of public funds, saying the government will not hesitate to take action wherever such practic... Read More


Meta rolls out new features across WhatsApp and Instagram

Tanzania, June 30 -- Meta has introduced a range of new features across WhatsApp and Instagram, with a focus on strengthening privacy, expanding personalisation and giving users greater control over t... Read More


Tanzania collects record Sh1.327 trillion from state-owned enterprises

Tanzania, June 30 -- Dar es Salaam. The government has collected a record Sh1.327 trillion in dividends and statutory contributions from state-owned enterprises (SOEs) and companies in which it holds ... Read More


Halotel says it has invested over Sh2.7 trillion in Tanzania

Tanzania, June 29 -- Dar es Salaam. Telecommunications company Halotel says it has invested more than $1 billion (about Sh2.7 trillion) in Tanzania since launching operations in the country more than ... Read More


SOEs: Governmentt seeks dividend beyond the Sh1 trillion record

Tanzania, June 29 -- Dar es Salaam. The government has intensified pressure on State-Owned Enterprises (SOEs) and other public entities to improve efficiency and meet dividend and statutory payment ob... Read More


Perseus Sh457.7 billion investment set to boost jobs, revenue in Tanzania

Tanzania, June 29 -- Dar es Salaam. Australia's Perseus Mining says it has injected more than Sh457.7 billion into Tanzania's economy ahead of the start of commercial production at the Nyanzaga Gold P... Read More