The Bank of Tanzania has said the mobile phone money transfers do not fuel inflation, instead increases transaction efficiency that translates to economic growth.
zaidi ya miaka 10 iliyopita
The Bank of Tanzania has said it will continue honouring amount on offer for Treasury Bills as going against it might derail money supply equilibrium in the market.
TANZANIA Breweries Limited (TBL) has launched its two million US dollar (over 3bn/-) upgraded effluent treatment plant in Arusha to ensure the brewery’s control over its daily water usage in production and that discharged water meets environmental standards.
The government will soon table a Contract Farming Bill in parliament, seeking to enact a law to protect smallholder farmers and rural communities against exploitation by private investors.
BANK of Africa Tanzania will this week host a four-day board meeting of the Bank of Africa Group countries in the East Africa and Indian Ocean regions in Dar es Salaam.
THE shilling has firmed against the dollar helped by slowed commercial demand for the greenback as corporate firms consolidates their end-month tax obligations.
THE government is exploring ways to profitably exploit trade and investment opportunities in the newly formed South Sudan and in other countries in the region to expand market shares and boost earnings.
THE Export Processing Zones Authority (EPZA) has received three new investors with combined capital of 36bn/-, bringing to 63 the total number of investors under the programme so far.
The government is soon introducing the Microfinance Act to supervise and regulate the sector and protect loan consumers.Manager of Microfinance supervision department in the Bank of Tanzania Harry Ndambala said in Dar es salaam on Thursday that the Ministry has initiated a process to establish a Micro finance Act that would provide for a specific legal, regulatory and supervisory framework for microfinance operations.
Tea export revenue has increased by 9.4 per cent on the back of good harvest following good weather in tea farming areas and the use of machines.