THE cotton sub-sector, which employs 14 million Tanzanians, about 40 per cent of the country's population, is on the verge of collapse, unless the government takes swift measures to rescue the situation.
over 10 years ago
PRECISION Air (PW) posted a net profit of 1.1bn/- in the year ending March despite stiff competition in the market and high fuel prices.
THREE companies operating in Namtumbo District, Ruvuma Region have donated 45m/- to help support various Corporate Social Responsibility (CSR) programmes in seven villages within Mbaranga’ndu Wildlife Management Area (WMA) in the Selous Game Reserve.
SMALL and Medium Enterprise Competitiveness Facility (SCF) is set to launch a Point of Sale (POS) database which aims to assist producers boost their sales to both domestic and international markets.
THE United Nations Industrial Development Organisation (UNIDO) has said it would support implementation of three clusters which are in line with priorities of the national development strategy.
TRADE at the Dar es Salaam Stock Exchange (DSE) improved by 78 per cent with 1,244,317 shares exchanging hands, representing a sharp jump over the previous period performance of 697,722 stocks.
BANKERS have underscored the need to finance local contractors to bolster their financial muscles to compete with foreign counterparts.
TANZANIA expects to benefit from potential investors from the United Arab Emirates (UAE) who have shown interest in the oil and gas sectors.
THE Dar es Salaam Stock Exchange (DSE) monthly turnover inched up by 50 per cent last month compared to the previous month, boosted by banks’ dividends.
Airtel Tanzania in collaboration with the United Nations Educational, Scientific, Social and Cultural Organization (UNESCO) have partnered to improve radio communications across the country.