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Relaxo Footwears tanks as Q1 PAT slides 13% QoQ to Rs 49 crore

Mumbai, July 31 -- On a standalone basis, Relaxo Footwears's net profit declined 13.02% to Rs 48.90 crore in Q1 FY26 as against Rs 56.22 crore in Q1 FY25. Revenue from operations shed 5.84% to Rs 654.... Read More


India's most popular film of 2025 so far, 800% profitable, not Raid 2 or Sitaare Zameen Par

New Delhi, July 31 -- The first half of 2025 is over, and the verdict is out for the most popular film in India so far this year. The year witnessed several big and small releases across multiple lang... Read More


Illicit alcohol threatens local industries, say stakeholders

DAR ES SALAAM, July 31 -- ILLICIT alcohol constitutes an estimated 55 per cent of total alcohol production, distribution and consumption in Tanzania, marking one of the highest proportions in Africa. ... Read More


COPRA system drives transparency, compliance

DAR ES SALAAM, July 31 -- THE Cereals and Other Produce Regulatory Authority (COPRA) has stressed the crucial role of its system in enhancing transparency and efficiency to strengthen adherence to est... Read More


Falling yields boost equity valuation

DAR ES SALAAM, July 31 -- FALLING yields on short-term bonds are driving a reassessment of equity values as investors respond to clear signals from the central bank— Bank of Tanzania (BoT). Thi... Read More


Dangote Appoints Daughters to Top Roles, Begins Stepping Down

Nigeria, July 31 -- Nigerian billionaire and Africa's richest man, Aliko Dangote, has appointed his three daughters to leadership roles within his business empire. Dangote, whose net worth is estimat... Read More


US sanctions six Indian companies over Iran petroleum purchases

Dhaka, July 31 -- The United States has imposed sanctions on six Indian companies for allegedly engaging in the trade of Iranian petroleum and petrochemical products, which Washington says violates it... Read More


All set for historic launch of Kwala Dry Port today

COAST REGION, July 31 -- PRESIDENT Samia Suluhu Hassan is today expected to officially inaugurate the eagerly awaited Kwala Dry Port that is set to transform cargo transportation from the Dar es Salaa... Read More


Uranium boom begins

RUVUMA, July 31 -- TANZANIA has reached another major milestone in its mining sector with the launch of a uranium pilot plant at the Mkuju River Project (MRP) in Namtumbo District, Ruvuma Region on We... Read More


How TR's Office can hit 2tri/- revenue goal

TANZANIA, July 31 -- FOLLOWING the announcement on Monday, July 28, 2025, that the Office of the Treasury Registrar (OTR) has set an ambitious internal target of collecting 2tri/- in non-tax revenue f... Read More