Economy

BoT keeps key rate at 5.75pc

DAR ES SALAAM: THE Bank of Tanzania (BoT) has maintained its central bank rate (CBR) steady at 5.75 per cent…

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BoT calls for fast adoption of digital payment systems in cross-border trade

DAR ES SALAAM: The Deputy Governor of the Bank of Tanzania (BoT), Sauda Msemo, has called for the accelerated adoption…

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Tanzania’s economy maintains a strong growth trajectory from 5.5 to 6.0 per cent

DODOMA: THE Prime Minister, Mwigulu Nchemba, has said that the country’s economy has maintained a strong growth trajectory, expanding by…

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‘TZ should leverage B+ rating for growth, future’

DAR ES SALAAM: ANALYSTS have said Tanzania should use its B+ rating, growth and reforms to offer fair investor returns,…

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PCCB interventions boost revenue growth in LGAs

DAR ES SALAAM: GOVERNMENT revenue collections in 40 local authorities have increased from 97.8bn/- to 106.4bn/- annually, following anti-corruption interventions…

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PCCB smells a rat in 913 out of 1,864 monitored public projects

DAR ES SALAAM: The Director General of the Prevention and Combating of Corruption Bureau (PCCB), Crispin Chalamila, has revealed that…

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Tanroads executes 6tri/- road, bridge projects

Dodoma: Tanzania Roads Agency (TANROADS) is executing 79 major road and bridge projects nationwide worth 6tri/-, as the country ramps…

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‘Tree planting key to unlocking carbon trade benefits’

KILIMANJARO: TANZANIANS have been urged to embrace opportunities arising from carbon trading by planting trees in large numbers, a move…

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Fitch keeps Tanzania at ‘B+’, outlook stable

DAR ES SALAAM: FITCH Ratings has reaffirmed Tanzania’s long-term foreign-currency issuer default rating at ‘B+’ with a stable outlook, citing…

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Tanzania, Zambia resort to deepen ties in oil and gas sector for the two nations’ economic growth

ZAMBIA: TANZANIA‘S  Minister for Energy, Deogratius Ndejembi, held talks with Zambia’s Minister of Energy, Makozo Chikote, to explore ways of…

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