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Tanzania, Russia agree to strengthen agri, tourism

TANZANIA’S Minister for Planning and Investment, Prof Kitila Mkumbo, has announced that the strong partnership between Tanzania and Russia is…

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NMB profit soars 21pc year-on-year

DAR ES SALAAM: NMB Bank reported a remarkable 21 per cent year- on-year profit increase for the year ending September,…

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Cashew boom, massive earnings

THE auctions of Raw Cashew Nuts (RCN) have earned the country a whopping 693bn/- in just three weeks, it has…

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Govt credits research utilisation for surge in exports

ARUSHA: THE government attributes the recent increase in exports to the effective use of research findings conducted by institutions such…

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Political stability, resource richness attract growing Russian investment

RUSSIA’S growing interest in Tanzania’s burgeoning economy and political stability has intensified, as evidenced by the recent Tanzania-Russia Business and…

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BRICS Pay to transform Global Cross-Border Payments

MOSCOW, Russia – In a landmark move for the BRICS economic alliance, the bloc unveiled its new “BRICS Pay” system…

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BoT announces withdrawal of old banknotes shillings

THE Bank of Tanzania (BoT) has instructed all banks and financial institution to accept deposit and facilitate over the counter…

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Mtwara Port to handle all cashew shipments this season

TANZANIA’s deepest port, Mtwara, is ready to handle all cashewnut shipments for export this season, the Tanzania Ports Authority (TPA)…

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Zanzibar eyes to become model for island economies globally

PRESIDENT Hussein Mwinyi has said that Zanzibar has the potential to become a model for other island economies worldwide by…

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Korean, Tanzanian companies eye joint ventures in key sectors

OVER 80 Korean and local companies have showed interest to set joint venture investments in water, infrastructure, oil, gas and…

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