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TIPS reduces cheque transactions by quarter

TANZANIA: TANZANIA Instant Payment System (TIPS) has reduced the cheque transactions by between 10 and 26 per cent. The shilling-denominated…

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SMF dishes out 325bn/- in eight years

THE Self-Microfinance Fund (SMF), under Ministry of Finance, has lent out 325bn/- in the last eight years, a move pegged…

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MCB pledges women capacity building in business

DAR ES SALAAM: MWALIMU Commercial Bank (MCB) has expressed its commitment to empower women through investment and trade, a move…

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Dar enjoys lowest CBR in region

TANZANIA: TANZANIA is enjoying the lowest central bank rate and inflation level against its peers in East African Community (EAC)…

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Tanzania banks on public, private investment for growth

DODOMA: TANZANIA’S Gross Domestic Product (GDP) is projected to grow by 0.2 percentage points to 5.4 per cent in the…

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49.35TRI/- BUDGET: Where focus lies

DODOMA: THE government expects to spend 49.35tri/- in the next financial year (2024/25) on both recurrent and development expenditures, with…

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Maize boom in season of surplus

TANZANIA: TANZANIA has produced a surplus of 2.1 million tonnes of maize during the 2022/23 season, it has been revealed.…

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Most development projects at advanced stages – Govt

DODOMA: THE government has said the ongoing flagship projects and programmes, which are aimed at stimulating economy, improving people’s welfare…

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Impressive budget implementation as 11tri/- funds key schemes

DODOMA: AS of January 2024, internal revenue collections, including those from Local Government Authorities (LGAs), increased to 17.2tri/-, equivalent to…

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SBL’s journey in investing and accelerating progress in women

Serengeti Breweries Limited (SBL) has made impactful interventions in the past one and a half years to address our challenge…

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