WEEK-ON-WEEK turnover has almost doubled at the Dar es Salaam Stock Exchange (DSE) in the last seven days.According to the Weekly Market Commentary, a review of trading at the bourse issued by private broking firm, Tanzania Securities, it moved to 999m/- compared to 506m/- recorded the previous week.
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BAHRTI Airtel, with operations in 17 countries across Africa, has announced that it has entered into a strategic cooperation agreement with leading South African financial services group, Sanlam, for the distribution of insurance and health funding products.
THE government has delayed a licensing round for nine deep sea oil and gas blocks previously set for this month until a parliamentary vote on a new gas policy in October.
THE introduction of bidding online for the government securities paved a way for the opening up of the capital account, which the Bank of Tanzania (BoT) promised to launch in phases starting next year.
THERE is nothing peculiar in cotton’s price fluctuations, especially in developing countries like Tanzania that are mere price takers in the world market. True, the cotton sub sector plays a momentous role in the national economy, employing about 16 million people and generating huge foreign currencies.
MORE people now understand the benefits of carbon trading and accept such projects in their areas, experts from Sokoine University of Agriculture (SUA) say.
TANZANIA Postal Bank (TPB) has supported Steven Wasira Primary School in Mariwanda Village in Bunda district by constructing two classrooms worth 20m/-.
THE Catholic owned Mkombozi Commercial Bank was asked to avail its services to the low income earners whom many commercial banks seem to ignore.
DAR ES SALAAM based Bank M launched Money.Market programme to facilitate potential investors to buy and sale government securities.
THE Bank of Tanzania has reaffirmed its stance that the long awaited Credit Reference Bureau (CRB) will start operating this month in an effort to ease access to borrowers’ information by bankers.