Finance

Shilling depreciates by 5pc in six months

THE Tanzanian shilling has depreciated by 5.0 per cent over the past six months up to July

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NBC Bank crowned Tanzania’s Best Bank for CSR

LONDON, UK: In a momentous achievement that solidifies its position as a trailblazer in sustainable development, NBC Bank  has been…

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BoT clarifies on 1.7tri/- advance to government

THE government's acquisition of 1.7tri/- from the central bank constitutes standard short-term financing aimed at covering temporary cash shortages

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‘2024/25 Monetary Policy stance relatively tight’

THE Bank of Tanzania has said the stance of Monetary Policy for 2024/25 will be relatively tight

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President Samia urges tax compliance

TUNDUMA: PRESIDENT Samia Suluhu Hassan has called on Tanzanians to diligently pay their taxes, saying that tax revenues are crucial…

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‘More policy reviews to spur financial inclusion’

THE government is set to further review and improve various policies and guidelines to promote financial inclusion and advance cashless…

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FBME Bank to pay creditors after release of withheld funds

THE US Government has committed to releasing funds withheld from FBME Bank Limited, enabling payment to creditors, including Coast Textile…

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Imports decline, narrow current account deficit

IMPORTS of goods and services have seen a decrease up to May this year

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WB new framework to consolidate Tanzania status

DAR ES SALAAM: THE World Bank Group‘s Board of Executive Directors has endorsed the new Country Partnership Framework (CPF) for Tanzania…

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Premier Sukuk bond hits subscriptions

SALES of premier Sukuk bonds, Islamic compliance, have exceeded the targets by 61 per cent in two months

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