Dar es Salaam Port is gradually reclaiming its share of maritime business from Mombasa Port, with report showing that Dar es Salaam handled 16 per cent above the containerised cargo handled last year, thanks to improved road network.
over 9 years ago
EXPORTS have continued to play a crucial part on the economy. There has been noticeable stride and development in sub-sectors involving agro-processing, manufacturing and mineral activities geared at boosting exports to cater for the growing demand particularly from the neighbouring countries.
ZANZIBAR’s current account registered a deficit in the period ending October last year largely due to the increase in the value of imports compared to exports.
THE International Monetary Fund (IMF) has warned that the country still faces bumpy road on its economy due to high inflation and increasing fiscal deficits.
COMPLICATED terms imposed by financial institutions are among the barriers hindering majority of the people from accessing banking services.
THE value of exports of goods and services for the year ending October, last year appreciated by 21.7 per cent, thanks to price increase of various commodities in foreign markets.
THE Bank of Tanzania (BoT) made big strides during the twelve-month Treasury Bills maturities auction conducted on Wednesday, thanks to the easing of liquidity stance in the market.
THE shilling lost significantly against the US dollar on Tuesday to close the market at 1,610/- but made a quick recovery on Wednesday, thanks to the central bank intervention.
CREDIT to the private sector continued to pick up, growing at an annual rate of 31.9 per cent, thanks to rising financial discipline among borrowers and easing global financial crunch.
THE number of commercial banks operating in the country increased to 45 by the end of last October from the 42 registered in the same period in the previous year, according to the central bank.
Dar es Salaam Port is gradually reclaiming its share of maritime business from Mombasa Port, with report showing that Dar es Salaam handled 16 per cent above the containerised cargo handled last year, thanks to improved road network.
EXPORTS have continued to play a crucial part on the economy. There has been noticeable stride and development in sub-sectors involving agro-processing, manufacturing and mineral activities geared at boosting exports to cater for the growing demand particularly from the neighbouring countries.
THE International Monetary Fund (IMF) has warned that the country still faces bumpy road on its economy due to high inflation and increasing fiscal deficits. 
