Finance

CAG REPORTS: Analysts commend improvements

…Propose effective measures to curb revenue loss ANALYSTS have applauded efforts made by the government which led to reduction of…

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Dar–Isaka railway line set for major facelift

DAR ES SALAAM: TANZANIA’S vital Dar es Salaam to Isaka existing meter gauge railway segment is set for major improvements,…

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Hotels given green light to engage in currency exchange business 

ZANZIBAR: THE Bank of Tanzania (BOT) has called upon all tourist hotels in the county, ranked three-stars and above, to…

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Tanzania’s business tycoon Mustafa Sabodo passes away

DAR ES SALAAM: Tanzania’s billionaire and philanthropist Mustafa Jaffer Sabodo has passed away at his home located in Masaki, Dar…

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Tanzania gets 128bn/- to enhance revenue management

DAR ES SALAAM: THE World Bank (WB) has approved a new funding to help Tanzania strengthen its revenue management, modernise public…

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Tanzania picked as first focus country for DEEP Challenge Fund

DAR ES SALAAM: Tanzania has been selected as the first focus country for Data & Evidence to end Extreme Poverty (DEEP)…

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Tanzania’s current account deficit narrows

TANZANIA: TANZANIA’s current account deficit narrowed to 2,760.7 million US dollars in the year ending January this year compared to…

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Banking sector shines under Samia

TANZANIA: THE banking sector has grown fast in the last three years, thanks to a strong economic environment accompanied by…

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Equity ranked second strongest banking brand globally

Equity’s brand value rose by USD 22 million from last year’s brand value of USD 428 million to USD 450…

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Absa Group posts marginal rise in annual profit

TANZANIA: ABSA Group posted a marginal rise in annual profit for 2023, as a boost from preprovision growth was offset…

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