Finance

BECCO seeks regulatory assistance from BoT over bank guarantees

THE Bharya Engineering & Contracting Company Limited (BECCO) is seeking regulatory intervention from the Bank of Tanzania (BoT) to prevent…

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Russian bank to launch cross-border rupee transactions

RUSSIA, MOSCOW Russia’s second-largest bank, VTB, announced on Wednesday that it will launch cross-border transfers in Indian rupees by the…

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NIC demonstrates how culture change spurs profit

DAR ES SALAAM AS Treasury Registrar (TR) Office, embarks in efforts to institute reforms within public entities in the country, the…

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Africa’s Standard Bank stays bullish on Tanzania

TANZANIA: Tanzania’s economy is resilient despite global shocks, the Head of Economic Research at Standard Bank Mr Jibran Qureishi has…

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MSMEs urged to capitalise on IMBEJU programme

Micro, Small and Medium-sized Enterprises (MSMEs) have been advised to utilise available business opportunities under the IMBEJU programme to expand…

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Manufacturers told to focus on import substitutions

Manufacturers have been asked to put emphasis on the production of goods of high demand to reduce imports as well…

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NMB ranks among most valuable company in EAC

NMB Bank has become the first homegrown Tanzania entity to rank among East Africa’s most valuable companies after posting record…

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TZ reaps 160bn/- from reformed livestock sector

DAR ES SALAAM: GOVERNMENT’S efforts to strengthen the livestock sector have enabled the country to reap over 64 million US…

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Isaka cargo volume surges 30pc in four months

SHINYANGA: Isaka Dry Port has registered 30 per cent cargo volume increase in the last four months thanks to the…

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PSSSF eyes 10tri/- pension fund value

DAR ES SALAAM THE Public Social Security Service Fund (PSSSF) envisions to accumulate pension fund value of around 10tri/ from…

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