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MCB targets 20.4bn/- rights issue boost

DAR ES SALAAM: MWALIMU Commercial Bank (MCB) is set to raise 20.4bn/- through a rights issue following regulatory approval, in…

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Govt backs local investment as Riviera unveils four beverage products

DAR ES SALAAM: THE government has renewed its drive for local industrial investment and stepped-up efforts against counterfeit alcohol following…

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TCC lifts dividend payout as profit rises by 17pc

DAR ES SALAAM: SHAREHOLDERS of Tanzania Cigarette Company (TCC) are set for a higher return after the Board proposed a…

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Fuel shock hits Mwanza riders

MWANZA: MOTORCYCLE riders (bodaboda) in Mwanza Region said the surge in fuel prices has severely disrupted their passenger transport services,…

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Shaft collapse raises safety concerns in Geita mines

GEITA: THE collapse of four mining shafts at Msasa Mine in Bukombe District, Geita Region, has raised concerns over safety…

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Njombe counts 200bn/- loss as fires hit plantation

NJOMBE: NJOMBE Region has recorded losses exceeding 200bn/- due to recurring fire outbreaks in forest plantations, prompting authorities to step…

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European Union drone push raises global risks

BRUSSELS: EUROPEAN Union plans to expand drone production linked to Ukraine are raising concerns about economic strain within Europe and…

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Tanzania conducts a comprehensive assessment of the 30 percent tax imposed on forest products export

DODOMA: THE Tanzanian government has announced it will continue conducting a comprehensive assessment of the 30 percent tax imposed on…

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Tanzania moves to crush fake seed trade, strengthen quality control

DODOMA: THE Tanzanian government has unveiled a sweeping crackdown on the sale of substandard seeds, warning dishonest traders that the…

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Tanzania targets large-scale apple production to cut imports

DODOMA: THE Tanzanian government has unveiled a new push to scale up domestic apple production, saying the country can no…

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