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TBL Q2 profit up 42pc on strong beer, spirit sales

TANZANIA Breweries Limited (TBL) has reported 42 per cent growth in net profit in the second quarter of this year…

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NFRA Sumbawanga zone to buy 50,000 tonnes of maize

RUKWA: TONNAGES of maize that will be purchased by The National Food Reserve Agency (NFRA) Sumbawanga Zone Office will buy…

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Sisal board collects 507m/- from zero three year back

DODOMA: THE Tanzania Sisal Board (TSB) has collected 507m/- in 2022/2023 from zero fetched in 2019/2020 fiscal year. This was…

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Varsity’s youths bring digital solutions in agriculture, business

ARUSHA: THE Internet of Things (IoT) has provided ways to improve nearly every industry imaginable. In agriculture, IoT has not…

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Russia to host Open Africa Business Forum

RUSSIA, Moscow Russia is set to host the Open Africa Business Forum on the footsteps of the Russia-Africa Summit, which…

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Govt fund demand accelerates bond yields

THE yield to maturity of a 25-year Treasury bond has gone up 21 basis points (bps) pushed by the government’s…

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Vodacom partners with NMB, Google on smartphone financing

DAR ES SALAAM: A NEW tripartite partnership between Vodacom Tanzania, NMB Bank and Google is set to strengthen the digital…

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UCB opens fourth branch in Kilimanjaro

Kilimanjaro, MOSHI: KILIMANJARO-BASED Uchumi Commercial Bank (UCB) has opened a fourth branch at Himo, Moshi District in Kilimanjaro Region. The…

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Forex traders told to comply with law

DAR ES SALAAM : A BANK of Tanzania official has called on foreign exchange traders to apply for a foreign…

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Long-term T-bonds show steep yield curve this year

THE long-term Treasury bond yields have yo-yoed in the last three years though show a steep increase in the first…

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