Dar es Salaam: THE National Housing Corporation (NHC) will for the first time in history list its bond on the stock market, with the company disclosing that it has recorded a significant rise in revenue and profit. The company’s revenue…
Tanzania has been ranked number six as the top-performing African stock market that have displayed outstanding returns, captivating attention and admiration from the investment community. This is according to the African Financials Research, based on data available up to June…
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…
THE UTT AMIS fund size has recorded historic growth of 184.94 per cent to 1.53tri/- in two years of President Samia Suluhu Hassan reign-a move which has been attributed to improved investors’ confidence in the financial markets. The government established…
THE Tanzania Portland Cement Plc (Twiga) has posted a pre-tax increase of 10.2 per cent in this year’s first half, thanks to production cost control measures. The oldest cement manufacturer in the country’s financial statement shows that the pre-tax profit…
FinScope Tanzania is a comprehensive financial sector demand-side survey of Tanzanian adults aged 16 years and above. It provides an understanding of the financial services uptake landscape across the country and is a reliable measure for demand and usage of…
By The Citizen Reporter Dar es Salaam. The Bank of Tanzania (BoT) has permitted an African digital payments provider, DPO Pay, to operate as a Payment Service Provider in Tanzania, the company said in a statement yesterday. The DPO is registered…
