BOT – 11.15% 15-YEAR TREASURY BOND NUMBER 599 ISSUE 47

The Board of Directors of Dar es Salaam Stock Exchange PLC (DSE) announce that the Annual General Meeting (AGM) of shareholders held on 18th May, 2022, approved the Audited Financial Statements and Declaration of Dividend of TZS 100.67 per issued and fully paid up shares in line with the DSE’s Dividend Policy. The total dividend…

SOME tax, audit and advisory firms said the 2023/24 budget is positive for the economy if implemented accordingly and will significantly advance the business environment. The firms’ analysed reports showed that the budget’s ambitious revenue collection target seems attainable. However, they pointed at areas of improvement. The firms – PwC Tanzania, Deloitte Tanzania and Confederation…

DAR ES SALAAM: AFRIPRISE Investment profit has minutely increased by 1.0 per cent, attributing the trend to improved capital market conditions and gains from the sale of treasury securities. The financial results of the listed firm, which is an investment wing of Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA), show that the net profit increased to 1.97bn/-…

BANK of Tanzania (BoT) has said the country is experiencing shortages of US dollars, the dominant currency in international transactions but insisted that there was no cause for alarm, as the level of reserves was sufficient to cover four months of imports. BoT Director of Economic Research and Policy, Dr Suleiman Missango told editors in…

Dar es Salaam. In a remarkable display of financial prowess, the Unit Trust Tanzania Asset Management and Investor Services (UTT-AMIS) has witnessed a staggering surge in Assets Under Management (AUM) over the past four years of over 429 percent. The level of assets managed by the trust has improved from Sh290 billion recorded in 2019 to…