Finance

Azania unleashes 30bn/- bond for strategic projects

AZANIA Bank has unveiled a four-year bond worth 30bn/-, aimed at facilitating the implementation of strategic projects across key economic…

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SACCOS is key to financial stability, growth: Registrar

SAVINGS and Credit Cooperative Societies (SACCOS) are becoming an increasingly important resource for citizens seeking financial stability

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BoT licenses Kuda to support Diaspora remittance

THE Bank of Tanzania (BoT) has licensed Kuda, a fintech company focused on managing financial programmes for Africans, as a…

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BoT warns against exchange of fake old banknotes

THE Bank of Tanzania (BoT) has issued a strong warning against the circulation of counterfeit currency, specifically in relation to…

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Next budget to hit 55.06tri/-

DODOMA: THE government estimates to collect and spend 55.06tril/- in the 2025/26 fiscal year, highlighting six priority areas, including funding…

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Citibank Tanzania’s bad loan surge clouds profit outlook

CITIBANK Tanzania saw a sharp rise in non-performing loans (NPLs) in the third quarter, marking a significant reversal

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Rostam calls for low loan rates for Africa

PROMINENT Tanzanian businessman, Mr Rostam Aziz has urged major global lenders to reduce interest rates on loans for African countries

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Transforming Public Entities: A path to greater efficiency

TANZANIA: IN an era marked by rapid technological advancements and evolving societal expectations, public entities are under increasing pressure to…

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Uchumi income triples through debt collection

KILIMANJARO: KILIMANJARO based Uchumi Commercial Bank has posted remarkable 78.3 per cent increase in comprehensive income in quarter three of…

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Import rise signals infrastructure, manufacturing growth

TANZANIA: IMPORTS of goods and services experienced a slight year-on-year increase through August, fuelled by ongoing investments in infrastructure and…

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