Dar es Salaam. Turnover at the Dar es Salaam Stock Exchange (DSE) rose by 23 percent last week, thanks to a Sh4.7 billion pre-arranged deal by foreign investors at the Tanzania Breweries Ltd counters. With the deal, the turnover jumped to…
Dar es Salaam. Tanzania is set to complete the process of instituting special status for its citizens living in the Diaspora by the end of 2023. Winding up debate on her docket’s Sh247.9 billion budget for 2023/24, Foreign Affairs and…
Treasury bills’ minimum successful bids and weighted average prices have been decreasing consecutively in the last nine months throughout the year. The bills’ prices on average have dropped from their highest of 99/84 in the auction held last August to…
Activities on the Dar es Salaam Stock Exchange (DSE) increased for the second week running. Turnover for the week amounted to 3.9bn/-, an increase of 48.20 per cent from the previous week. General market was in bullish mode leading to…
THE Tanzania Mortgage Refinance Company Limited (TMRC) has listed on the Dar es Salaam Stock Exchange (DSE) the 4th tranche bond of which all of its investors are locals. Compared to the previous tranches, luring more Tanzanian investors brings more…
Arusha. Shareholders of CRDB Bank Plc will get a total of Sh117.5 billion in dividends this year, thanks to the lender’s improved profitability in 2022. This represents a roughly 25 percent increase over the Sh94 billion total dividend the bank…
Notice is hereby given that dividend of TZS 45 per share in respect of the financial year ending 31 December 2022 has been proposed by the Board of Directors. Pursuant to this declaration, shareholders are advised to observe the following:…
The announcement states that Swala Oil & Gas (Tanzania) plc will be placed in liquidation as per the resolution of its creditors representing approximately 75% of the Company’s liabilities.
