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CRDB Bank recorded 206bn/- profit, hitting annual 18.9 percent increase

DAR ES SALAAM, April 29 --  CRDB Bank has continued to demonstrate strong resilience and consistent financial growth, according to its first-quarter 2026 financial results, which highlight the Ba... Read More


MCB targets 20.4bn/- rights issue boost

DAR ES SALAAM, April 29 -- MWALIMU Commercial Bank (MCB) is set to raise 20.4bn/- through a rights issue following regulatory approval, in a move aimed at reinforcing its capital base and accelerating... Read More


Govt backs local investment as Riviera unveils four beverage products

DAR ES SALAAM, April 29 -- THE government has renewed its drive for local industrial investment and stepped-up efforts against counterfeit alcohol following Lomatans launch of four new Riviera brand p... Read More


TCC lifts dividend payout as profit rises by 17pc

DAR ES SALAAM, April 29 -- SHAREHOLDERS of Tanzania Cigarette Company (TCC) are set for a higher return after the Board proposed a final dividend payment of 650/- per share for the fiscal year ending ... Read More


Fuel shock hits Mwanza riders

MWANZA, April 29 -- MOTORCYCLE riders (bodaboda) in Mwanza Region said the surge in fuel prices has severely disrupted their passenger transport services, reduced daily income and made it increasingly... Read More


Shaft collapse raises safety concerns in Geita mines

GEITA, April 29 -- THE collapse of four mining shafts at Msasa Mine in Bukombe District, Geita Region, has raised concerns over safety standards in small-scale mining after the incident disrupted oper... Read More


Njombe counts 200bn/- loss as fires hit plantation

NJOMBE, April 29 -- NJOMBE Region has recorded losses exceeding 200bn/- due to recurring fire outbreaks in forest plantations, prompting authorities to step up efforts to contain the situation. Regio... Read More


Former MP Eran Wickramaratne appointed Chairman of the SLC Interim Committee

Sri Lanka, April 29 -- Former Member of Parliament Eran Wickramaratne was appointed as the Chairman of the Interim Committee of Sri Lanka Cricket. Reports indicate this move aims to oversee the upcom... Read More


Treasury officials to repay missing $2.5 million if recovery fails

Sri Lanka, April 29 -- Officers involved in the disappearance of $2.5 million from the government treasury will face responsibility for repayment if the funds are not recovered. Deputy Minister of To... Read More


One dead and 22 hospitalised after bus veers off road in Hatton

Sri Lanka, April 29 -- A private bus traveling from Dayagama to Hatton skidded off the road, resulting in one death and 22 injuries. Hatton Police state that the victims, including school children, a... Read More