THE growth of monetary aggregates in circulation slowed in the year ending March this year compared to the corresponding period in 2011 partly due to Bank of Tanzania (BoT) measures to curb inflation.
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THE Private sector has asked the government to reduce the Value Added Tax (VAT) rate from 18 per cent to 16 per cent in the 2012/2013 budget.
THE money market analysts have predicted the declining of interbank rates in this month on the back of large maturities from Treasury Bills (T-Bills).
THREE organizations have teamed up to improve investigative business journalism in Tanzania by offering a fully funded course.
MANUFACTURING of lubricants is to start in a two-week time at Bagamoyo-based Kamal Industrial Estate, Export Processing Zones Authority (EPZA) Director General Adelhelm Meru announced over the weekend.
TOTAL government recurrent expenditure for the first three quarters of 2011/12 hit 4.70tr/-, almost double the development spending of only 2.38tr/-.
DAR ES SALAAM Stock Exchange (DSE) last week recorded a downward swing, pulled down by slumping of banks’ share prices by an average of two per cent.
EXIM Bank Tanzania spearheaded blood donation drive dubbed “Vein-to-Vein” has succeeded, recording 80 units of blood out of the 100 units that the bank had initially anticipated.
THE Tanzania Investment Bank (TIB) is planning to transform its structure by having subsidiary banks that will work under the holding company.