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Tanzania thanks EU envoy for facilitating major development projects

DAR ES SALAAM, Aug. 4 -- THE Minister for Foreign Affairs and East African Cooperation, Mahmoud Thabit Kombo, has held a farewell meeting with the European Union Ambassador to Tanzania, Christine Grau... Read More


Bullion gold bars alone don't create strong currencies-reliable, serialised gold does

TANZANIA, Aug. 4 -- TO support our economy, there has been a persistent focus on buying gold to be kept in the Central Banks vaults. After the Bank of Tanzania (BoT) announced on September 27, 2023, ... Read More


Kizimkazi festival puts development in spotlight

ZANZIBAR, Aug. 4 -- DEVELOPMENT projects aimed at improving tourism, infrastructure and livelihoods will take centre stage at this years Kizimkazi Festival here. Four projects will have their foundat... Read More


BoT advises businesses, institutions to go cashless

DAR ES SALAAM, Aug. 4 -- THE Bank of Tanzania (BoT) has urged businesses to install electronic payment infrastructure ahead of mandatory digital payment regulations taking effect in January next year,... Read More


Bank delivers 15 trucks to cooperatives to boost agric value chain

KAHAMA, Aug. 4 -- Two agricultural cooperative unions yesterday received 15 trucks financed through a low-interest loan facility from the National Bank of Commerce (NBC), a move expected to improve cr... Read More


BoT calls for diligence in loan deals with microfinance firms

DAR ES SALAAM, Aug. 4 -- THE Governor of the Bank of Tanzania (BoT), Emmanuel Tutuba, has urged Tanzanians seeking loans to carefully read and understand the terms and conditions before accepting any ... Read More


Digital economy vital to trillion-dollar vision

DAR ES SALAAM, Aug. 4 -- TANZANIA must accelerate the growth of its digital economy to achieve its ambition of becoming a one-trillion-USdollar economy by 2050, with stakeholders urging faster reforms... Read More


PPPs need strong, resilient capital markets

TANZANIA, Aug. 4 -- EVERY generation is remembered for one defining decision. Some generations-built roads, others transformed education or industrialised their economies. Tanzania now stands before a... Read More


eGA powers agriculture digital shift

DODOMA, Aug. 3 -- THE Electronic Government Authority (eGA) says digital transformation is reshaping Tanzanias agriculture sector, with more than 6,000 cooperative societies now operating through an o... Read More


Finance Minister directs TADB to focus on govt priorities

DODOMA, Aug. 3 -- Minister for Finance Khamis Mussa Omar has directed the Tanzania Agricultural Development Bank (TADB) to strategically invest in key government priority areas in agriculture to enabl... Read More