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Economists laud ban on foreign currency use in local transactions

DAR ES SALAAM: ECONOMISTS and business analysts have applauded the government’s determination to ensure that foreign currencies are not used…

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Zanzibar 5.1tri/- budget thrills residents

ZANZIBAR: SOME members of the public yesterday expressed their satisfaction with the 5.1tri/- 2024/2025 Budget Estimates tabled in the House…

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Where agriculture funding goes

DODOMA: THE Government said the 2024/25 agriculture budget implementation will mainly focus on executing projects in all regions of Tanzania…

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Zero VAT rate on gold supplied to BoT in offing

THE government is expected to introduce zero rate Value Added Tax (VAT) on gold supplied to the Bank of Tanzania…

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Govt bullish about growth prospects

THE economy expanded by 5.1 per cent in 2023 despite the impacts of adverse global economic situation, and is projected…

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NFRA to be empowered to buy, reserve sugar

THE government has proposed legal amendments to empower National Food Reserve Agency (NFRA) to buy, stock and reserve sugar as…

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Govt lists ten priorities for socio-economic prosperity

THE government has outlined ten priorities in the next financial year, with focus on improving production in key economic sectors,…

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NBC bank strengthens cooperation with customers in Dodoma region

DODOMA: The National Bank of Commerce (NBC), through its team of Business and Investment Division (CIB) yesterday paid a visit…

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ENERGY EFFICIENCY: Vodacom becomes first Africa’s telcom to achieve ISO 50 001 certification

Over the past year, Vodacom has invested in improving energy efficiency across its markets. The result has been the recent…

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Tanzania’s economy grows by 5.4 percent

DODOMA: The government has stated that strategies to mitigate the effects of the war in Ukraine, along with investments in…

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