Finance

NMB profit soars 21pc year-on-year

DAR ES SALAAM: NMB Bank reported a remarkable 21 per cent year- on-year profit increase for the year ending September,…

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MANKA: Innovative AI-powered analytics launched to boost financial services in Tanzania

Dar es Salaam: Tausi Africa has officially launched Manka, an AI-powered financial analytics platform designed to improve credit assessments in…

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Mkenda: Enhance financial education initiatives

Minister of Education, Science, and Technology, Prof. Adolf Mkenda, has urged financial institutions across the country to ramp up

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Private sector lending sees year-on-year slowdown

PRIVATE sector credit experienced a slowdown, growing by 16.7 per cent in the year ending August, down from the 21…

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Dar, IMF reach key agreement on economic review

TANZANIA and the International Monetary Fund (IMF) have reached a staff-level agreement on the policies needed to complete the fourth…

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Public encouraged to invest in capital markets

The public has been challenged to engage in capital market and bond investments as part of efforts to increase involvement…

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BoT: Few Tanzanians access banking system

The government, through the Bank of Tanzania, aims to increase integrated financial services access to 80 per cent of citizens…

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Fed rate cut: Tanzania resilience strategy (Part 3)

TANZANIA: IN our previous articles, we explored Tanzania’s economic landscape, focusing on challenges such as capital inflows, currency fluctuations and…

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Equity market exhibits dynamic performance, grows 22 per cent year to-date

TANZANIA: THE third quarter of 2024 is wrapping up and the Tanzanian stock market has shown a dynamic performance across…

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BoT maintains key rate as inflation stabilises, economy strengthens

TANZANIA: THE Bank of Tanzania’s Monetary Policy Committee (MPC) convened on October 2, 2024, and released a statement the following…

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