Finance

Maendeleo profit increases threefold in Q4

TANZANIA: MAENDELEO Bank’s net profit increased three times in last year’s fourth quarter, attributed to a non-interest income raise. The…

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Kalambo Council budget up by 6.5pc

KALAMBO District Council (KDC) in Rukwa has slightly increased its budget by 6.5 per cent in 2024/25. The district said…

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NEEC: Financial discipline important in making borrowers benefit from soft loans

TANZANIA: Soft loans will have positive empowerment effect if recipients will maintain financial discipline and remain focused in implementing projects…

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CRDB offers 470m/- in prizes for 3rd season of Simbanking campaign

DAR ES SALAAM: CRDB Bank has launched the third season of the ‘Benki ni SimBanking’ campaign and set aside 470m/-…

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Minister hails First United Takaful for boosting Tanzania’s insurance sector

DAR ES SALAAM: The government has commended First United Takaful Insurance Company for introducing Islamic insurance services that will contribute…

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Traders warned against illegal hikes in sugar prices

KATAVI: KATAVI Regional Commissioner Ms Mwamvua Mrindoko has warned traders in the region against price hikes of sugar on the…

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Rukwa teachers demand payment for decade-old arrears

RUKWA: SUMBAWANGA Municipal Council (SMC) in the Rukwa region has failed to pay public school teachers and vendors some 2.9bn/-…

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DSE stock value up by 68pc

DAR ES SALAAM: THE stock value in the Dar es Salaam Stock Exchange (DSE) increased by 68 per cent last year,…

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Mobile money consolidates financial inclusion in Tanzania

TANZANIA: MOBILE money transactions in Tanzania increased by 30 per cent between the quarter ending September and December last year…

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Tanzania marks new milestone in credit ratings

TANZANIA: CREDITINFO Tanzania and Investment Information and Credit Rating Agency (ICRA) Rating Agency have partnered to provide credit rating services…

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