Finance

Tanga SMEs to benefit from Mixx initiative

TANGA: SMALL and medium enterprises (SMEs) in Tanga Region are set to benefit from expanded access to digital financial services…

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NMB urges businesspeople to tap its vast lending capacity

MBEYA: NMB Bank has encouraged businesspeople to take advantage of its over 500bn/- lending capacity for investments in agriculture, livestock,…

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NIC posts 11pc revenue surge, strengthens expansion agenda

DAR ES SALAAM: THE National Insurance Corporation (NIC) recorded a strong performance in the year ending 2023/24 with revenue rising…

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City service levy standardised at 0.25pc

A NEW fixed service levy of 0.25 per cent on business turnover has replaced the variable framework that allowed rates…

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MCB Capital Markets advises CIEL on issuance of Africa’s first USD 31m sustainability-linked bond

Port- Louis, Mauritania: MCB Capital Markets (MCBCM) has advised international Mauritian Group (CIEL) on the issuance of a MUR 1.45…

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Current account deficit shrinks on export

DAR ES SALAAM: THE current account deficit narrowed in the year ending July, supported by stronger exports of goods and…

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Dominance of 10,000/- bills tests economy

DAR ES SALAAM: THE growing dominance of the 10,000/- note is testing cash transaction efficiency in Tanzania’s largely cash-driven economy,…

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Tanzania stresses climate finance for Africa

ADDIS ABABA: TANZANIA has stressed that developed nations must regard climate financing for Africa as a global obligation rather than…

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FOB Africa: Credit anchors, markets price in risk

IN the second half of 2025, crude benchmarks have stabilised while refined product FOB (Free-on-Board) prices have softened, but the…

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LATRA pushes for innovation to drive growth

DAR ES SALAAM: THE Land Transport Regulatory Authority (LATRA) has reaffirmed its commitment to strengthening the country’s logistics sector, highlighting…

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