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Absa Group posts marginal rise in annual profit

TANZANIA: ABSA Group posted a marginal rise in annual profit for 2023, as a boost from preprovision growth was offset…

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NMB, HESLB simplify student loan processes

DAR ES SALAAM: NMB Bank has finalised integrating its system with the Higher Education Students Loan Board (HESLB) as part…

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Liberty Spark conducts study to foster cross-boarder trade formalization

DAR ES SALAAM: Dar es Salaam: A local think tank, Liberty Spark, is conducting a study to promote and formalize…

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Government values companies’ contribution in propelling economy

PWANI: THE government has assured companies where it owns minority shares that it will continue to value and support their…

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Mtwara Port beat performance target

MTWARA: CARGO handling at Mtwara Port has surpassed the annual target last year thanks to improved infrastructure and enhanced efficiency,…

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Africa CEO Forum 2024: Africa faces decisive moment to shape new future:

KIGALI, RWANDA: As global crises cast long shadows, Africa stands at a critical crossroads: Will the continent remain on the…

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New cranes to up Mtwara port productivity

MTWARA: IN a bid to boost efficiency at the Port of Mtwara, the government has assembled two more mobile harbour…

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Companies, business laws under review for more productivity

DAR ES SALAAM: THE government has started collecting stakeholders’ opinions in review of two key laws, the Companies Act and…

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Tanzania plans to spend 16tri/- on development

DODOMA: THE government has said that it expects to spend 16tri/- from the 49.35tri/- national budget estimates for the 2024/2025…

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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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