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BoT maintains CBR at 5.75 per cent

DAR ES SALAAM, Oct. 3 -- THE Bank of Tanzania (BoT) has maintained the Central Bank Rate (CBR) at 5.75 per cent for the fourth quarter, citing stable inflation expectations as the key reason for its d... Read More


CRDB upgrade puts Dar on global arena

DAR ES SALAAM, Oct. 3 -- CRDB Banks landmark core banking system upgrade has thrust Tanzania onto the global financial map, opening new international opportunities for the lender. These opportunities... Read More


TZ, Zambia, China ink deal to revive TAZARA

CHINA, Oct. 3 -- TANZANIA, Zambia and China have signed a contract worth 1.4 billion US dollars (approximately 3.44tri/-) aimed at reviving and rehabilitating the Tanzania-Zambia Railway (TAZARA), whi... Read More


TRA collects record 8.87tri/- in Q1

DAR ES SALAAM, Oct. 3 -- THE Tanzania Revenue Authority (TRA) has raised 8.87tri/- in first quarter of the current financial year, marking a 15.1 per cent increase from 7.79tri/- collected in the corr... Read More


Power sector union escalates industrial action to 'non-cooperation'

Sri Lanka, Oct. 3 -- The Ceylon Electricity Board (CEB) Engineers' Union is set to intensify its current work-to-rule campaign by launching a "non-cooperation" industrial action starting next Monday (... Read More


CID recovers more firearm based on information from alleged underworld figure 'Kehel Baddara Padme'

Sri Lanka, Oct. 3 -- The Criminal Investigation Department (CID) has recovered a Micro-type firearm and a magazine based on information received during the interrogation of Mandinu Padmasiri Perera, a... Read More


Colombo-Katunayake seaplane flights restart to boost tourism

Sri Lanka, Oct. 3 -- Seaplane flights between Katunayake Bandaranaike International Airport and Colombo have been officially relaunched today (3), using the Beira Lake as a water aerodrome. The relau... Read More


Hatton liquor outlets closed for World Temperance Day

Sri Lanka, Oct. 3 -- Liquor outlets across Hatton and all estate sector towns were observed to be closed today (3) in observance of World Temperance Day. A senior police official stated that officers... Read More


Hatton school concerned as foxes roam playground

Sri Lanka, Oct. 3 -- Students and staff at Hatton Highlands Primary School are reportedly in fear due to a pack of foxes constantly roaming near the school's playground. The school operates under the... Read More


One dead, five injured as van crashes into tree on Wellawaya-Thanamalwila road

Sri Lanka, Oct. 3 -- One person was killed and five others were injured after a van veered off the road and crashed into a tree on the Wellawaya-Thanamalwila Road near the 288-kilometre post in Kithul... Read More