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.
over 9 years ago
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.
PRECISION Air (PW) is expected to introduce another regional flight between Dar es Salaam and Harare, Zimbabwe via Blantyre, Malawi before the end of this year.
THE shilling has been trading at a steady range for the last eight months signifying that the monetary policy to reverse the free fall of the local currency about a year go paid-off.
THERE has been little investment in new electricity generation over the last decade because tariffs in Tanzania are not covering the cost of production and transportation, the joint energy sector review says.