SMALL and Medium Enterprises (SMEs) are estimated to contribute 30 per cent of the country’s GDP and it’s the second employer after agriculture, the Tanzania Investment Centre (TIC) said on Thursday.
over 10 years ago
THE twelve-month Treasury Bills auction conducted on Wednesday fetched hefty investments with the total amount tendered hitting 151.18bn/- compared to only 70bn/- that the Bank of Tanzania (BoT) had projected to mobilise.
THE ninth cotton stakeholders meeting held here on Tuesday approved the licensing of cotton buyers with outstanding debts to farmers and Cotton Development Trust Fund (CDTF), a move some analysts have described as a blatant abuse of the law.
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.
EXIM Bank's environmental conservation efforts have finally been rewarded after the bank emerged first runner-up in the Ilala Municipality Environment Awards 2012 in commemoration of this year's World Environment Day on Tuesday.
THE Newly appointed Acting Air Tanzania Company Lmited (ATCL) CEO, Captain Milton Lusajo Lazaro, has expressed optimism that ATCL has a brighter future if the company's five year development plan is implemented.
THE government has been advised to consider arranging concessionary agreements with international fuel suppliers to cushion the local economy from adverse effects of price fluctuation.
THE government yesterday ruled out the possibilities of compensating farmers for fluctuating prices on agricultural produce, citing financial constraints as a big impediment.
CRDB Bank shares hit the lowest level in the last 14 months due to non-performing loans that dashed long term investors' hope of cashing on good yields.
AN increase of clove export proceeds and tourist receipts have contributed significantly to improved Zanzibar's current account deficit to a surplus of 33.3 million US dollars (about 53.28bn/-) during March this year.