SEVERAL participants in the ongoing International Microinsurance Conference in Dar es Salaam underscored the importance of collective investment and insurance funds for protection of people in the low-income segment.
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THE government is increasingly borrowing from commercial banks to foot various expenditures, crowding out investments, which impact negatively on economic growth.
THE country’s oil bill has increased by almost 30 per cent in the last 12 months, exerting pressure on the country’s limited foreign reserve.
TANZANIA has the fastest growing insurance market, recording a growth of 24 per cent, which is above an average of 15 per cent for most developing nations.
THE Tanzania International Container Terminal Services Limited (TICTS) has announced a productivity record of 36,500 Twenty-foot equivalent unit (TEU) for the previous month.
VODACOM Tanzania has launched M-Pesa promotion campaign whereby its customers can now send money for free.
SWISSPORT Tanzania Ltd employees were warned against leaking or misusing the company’s internal information for personal gains.
TANZANIA Postal Bank (TBP) has posted a pre tax profit of 4.24bn/- in cumulative year ending this year’s third quarter and putting alive expectation of meeting its annual target.
BRIDGESTONE, the world’s leading tyremaker, signed a distribution agreement with Quality Motors Group, signalling the coming of the new technology of Off The Road radial tyres to serve various sectors.
TALKS between TanzaniteOne and the government over the surrendering of the firm’s 50 per cent stake to comply with the new Mining Act are scheduled for completion at the end of the month, the company said.