Economy

BoT steps up dollar sales amid surging demand

DAR ES SALAAM: THE central bank sold a combined 45 million US dollars into the foreign-exchange market in two consecutive…

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KCU eyes doubling coffee collection in 2025/2026 season

BUKOBA: KAGERA Cooperative Union (KCU 1990 Ltd) is targeting a significant increase in coffee collection during the 2025/2026 season as…

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Zanzibar lures more investment in the blue economy, tourism sectors

ZANZIBAR: The government of Zanzibar has affirmed its commitment to continue inviting more investors, as it still has numerous investment…

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Liberia eyes Tanzania’s TADB model

DAR ES SALAAM: A HIGH-LEVEL delegation from the Central Bank of Liberia is in Tanzania, to study the operations and…

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Simba-Exim partnership lands with  flexible mortgage solutions

DAR ES SALAAM: EXIM Bank Tanzania and Simba Developers Limited have announced a strategic partnership aimed at making home ownership…

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BoT injects 25m US dollars to boost liquidity in the interbank forex market

DAR ES SALAAM: THE Bank of Tanzania (BoT) has moved to stabilise the foreign exchange market by selling 25m US…

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Cotton farmers urged to adopt modern production technologies

MWANZA: COTTON farmers in the country have been encouraged to adopt modern production technologies, including planting using new spacing ‘60…

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Tanzania’s Tooku Garments impress Korean businesspeople

DAR ES SALAAM: A delegation of businesspeople from the Republic of Korea has visited the Tooku Garments, which manufactures jeans,…

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Finance Minister affirms its critical responsibility in steering Zanzibar’s economic goals

ZANZIBAR: ZANZIBAR’S newly appointed Minister of Finance and Planning, Dr Juma Malik Akil, has pledged to build on the foundations…

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Tanzania records strong growth in fish exports

DAR ES SALAAM: TANZANIA’S fisheries sector has posted strong export growth, highlighting renewed investment and rising momentum in the country’s…

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