Finance

TPA issues directives on port charges payment

TANZANIA Ports Authority (TPA) has said customers who have cargo on the premise that was under the management and operation…

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BoT: Money supply, private sector credit growth satisfactory

BANK of Tanzania (BoT) has said the growth of money supply and private sector credit continued to be satisfactory, thanks…

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Stakeholders urge collaborative focus to end inflation in 2023

ECONOMIC stakeholders have celebrated the New Year, 2023 while calling nationwide concerted effort to withstand the global emerging inflation that…

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Interest rates on loans fall slightly

INTEREST rates charged on loans by banks remained broadly unchanged, with the overall lending rate averaging 16.07 per cent in…

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ZRB reforms boost revenue collections

REFORMS undertaken by President Hussein Mwinyi in the Zanzibar Revenue Board (ZRB) have started yielding positive results as the board…

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Private sector credit grows four times to 24tri/-

COMMERCIAL banks’ lending to the private sector grew by four times to about 24tri/- in the year ending October compared…

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High import bill widens Zanzibar’s current account

ZANZIBAR’S current account deficit widened to 329.5 million US dollars during the year ending October compared with 195.4 million US…

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BoT implement cautious monetary policy to contain inflation, global challenges

The Bank of Tanzania (BoT) has continued to implement a cautious monetary policy stance in balancing between growth and inflation…

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Tighter policy pushes up bonds yields, lower prices

THE 25 year government bond that goes under the hammer today is tipped to increase in yields and subscriptions due…

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DSE weekly turnover increases by 20 per cent

THE Dar es Salaam Stock Exchange (DSE) had a successful week, with a 29% increase in turnover, from TZS 1.2…

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