THE impact of tight liquidity introduced by the Bank of Tanzania (BoT) about a year ago to tame inflation and curb the shilling's free fall has led to low level of money in circulation which has increased competition for deposits.
over 9 years ago
THE cost of doing business fuelled by high inflation rates has been a complex phenomenon for small economies to manage which sometimes dash investors' hope of making good profit.
KATANI Limited, a private company, has embarked on an ambitious project to introduce sisal in Shinyanga Region as a second cash crop after cotton.
THE cotton sub-sector, which employs 14 million Tanzanians, about 40 per cent of the country's population, is on the verge of collapse, unless the government takes swift measures to rescue the situation.
PRECISION Air (PW) posted a net profit of 1.1bn/- in the year ending March despite stiff competition in the market and high fuel prices.
THREE companies operating in Namtumbo District, Ruvuma Region have donated 45m/- to help support various Corporate Social Responsibility (CSR) programmes in seven villages within Mbaranga’ndu Wildlife Management Area (WMA) in the Selous Game Reserve.
SMALL and Medium Enterprise Competitiveness Facility (SCF) is set to launch a Point of Sale (POS) database which aims to assist producers boost their sales to both domestic and international markets.
THE United Nations Industrial Development Organisation (UNIDO) has said it would support implementation of three clusters which are in line with priorities of the national development strategy.
TRADE at the Dar es Salaam Stock Exchange (DSE) improved by 78 per cent with 1,244,317 shares exchanging hands, representing a sharp jump over the previous period performance of 697,722 stocks.
BANKERS have underscored the need to finance local contractors to bolster their financial muscles to compete with foreign counterparts.
THE impact of tight liquidity introduced by the Bank of Tanzania (BoT) about a year ago to tame inflation and curb the shilling's free fall has led to low level of money in circulation which has increased competition for deposits.
THE cotton sub-sector, which employs 14 million Tanzanians, about 40 per cent of the country's population, is on the verge of collapse, unless the government takes swift measures to rescue the situation.
