Africa-Press – Tanzania. DAR ES SALAAM Stock Exchange (DSE) is looking at a strong recovery this year after experiencing one of the lowest activities ever recorded of 104bn/- last year. According to Orbit Securities Company, the first six months this year has seen DSE recording an equity turnover of 75bn/- which is about 42 per […]
UGANDAN Minister of State for Works and Transport, Mr Byamukama Fred has expressed his country’s readiness to strengthen business cooperation with Tanzania, following notable improvements in transport infrastructure in the Central Corridor. He made the remarks mid this week during his tour of Isaka Dry Port in Kahama District of Shinyanga region and Mwanza South […]
TANGA CEMENT PUBLIC LIMITED COMPANY DSE: TCPLC INCORPORATED IN THE UNITED REPUBLIC OF TANZANIA “TANGA” OR “THE COMPANY” Further to the joint announcement made by HeidelbergCement AG (“Heidelberg Cement”) and AfriSam Mauritius Investment Holdings Limited (“AfriSam”) on 26 October 2021 (“the Previous Announcement”), the shareholders of the Company are referred to the subsequent joint announcement […]
DIVIDEND DECLARATION FOR THE FINANCIAL YEAR 2021 The Annual General Meeting (AGM) of the Bank which was held on 25th June,2022 approved the payment of TZS 11 per share as dividend for Financial Year 2021 as submitted by the Board of Directors. Pursuant to the dividend payment declaration, the share Register details shall remain as […]
Dar es Salaam. The Tanzania Ports Authority’s market share in neighboring Rwanda has achieved a 90 percent annual increase, with Dar es Salaam and Tanga ports handling by at least 1.3 million metric tonnes this year compared to only 922,135 metric tonnes in the 2017/18 financial year. The Tanzania Ports Authority (TPA) Director General, Mr […]
ZANZIBAR economy is projected to grow at 6.5 per cent this year from last year’s 5.2 per cent, the House of Representatives was told on Tuesday. Minister of State, President’s Office, Finance and Planning Dr Saada Mkuya Salum attributed the speedy economic growth to the International Monetary Fund (IMF) soft loan to mitigate the impacts […]
THE East African Business Council (EABC) has lavished praise on President Samia Suluhu Hassan for allowing East Africans to invest in treasury bills and bonds security markets. The apex body of the private sector in the region said in a statement that it appreciated such a bold and visionary move by Tanzania’s government, through the […]
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Monetary Policy Committee Statement
THE FOREIGN EXCHANGE REGULATIONS, 2022
