Business

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What fleets of busy trucks means to Mtwara Port’s growth

FLEETS of heavy-duty trucks traversing Ruvuma and Mtwara regions main road, signifies the growth of Mtwara Port the gateway to…

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Mtwara Port edges to mega trans-shipment hub

WITH massive infrastructures’ improvements made at the Mtwara Port, the Tanzania Ports Authority (TPA) is now gearing up to transform…

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Samia’s land rent exemption boosts revenue

THE Ministry of Land, Housing and Human Settlement Development has collected 75 per cent of its land rent target in…

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Prisons go for high farming tech to maximise output

Tanzania Prisons Service has embarked on using state-of-the-art farming technology to maximize output while cutting costs and cultivation time. The…

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NMB boosts digital transactions through cashless payments campaign

NMB Bank has said the 10 weeks campaign seeking to advance digital finance has led to a tremendous increase of…

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Isles government says ban on banana imports to stay

THE Zanzibar government will not reverse a decision to ban imports of fresh banana into the Isles, the Minister for…

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CRDB, Denmark to bolster business relation

CRDB Bank and Denmark’s Ambassador to Tanzania on Tuesday met and deeply discussed ways of further strengthening the existing business…

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Four deep sea fishing vessels secure licence to operate in Indian Ocean

Four foreign deep sea fishing vessels have been granted a license to use the Tanzanian flag to conduct deep water…

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Reverse repos issuance imply resuming accommodative measures

THE Bank of Tanzania (BoT) issued the first reverse repurchase agreement after nine months to align with banks’ liquidity needs.…

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Bond yields rise suggests economy firming up

The stock market ended the week on a positive note with total market capitalisation rising by 1.53 per cent. Despite…

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