Month July 2024

TBL ratifies 537/- as dividend

TANZANIA: TANZANIA Breweries Public Limited Company (TBL) shareholders have ratified a dividend of 537/- per share for the period ended December last year, at an Annual General Meeting (AGM). The dividend approved is equivalent to 158.4bn/-, which is an increase of…

Shilling depreciates by 5pc in six months

TANZANIA: THE Tanzanian shilling has depreciated by 5.0 per cent over the past six months up to July, as it faces heightened demand for US dollars driven by tightening monetary policies in advanced economies and rising global commodity prices. According to the…