NMB Bank intends to offer 800m/- to 10 Agriculture Marketing Cooperatives Societies (AMCOS) for buying coffee from several villages in Tarime District, Mara Region.
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TANZANIA’S investors in money markets for the first time, since liberation of the financial industry, have a wider option of where to put their money due to lucrative interest rates offered at the moment.
THE Arusha International Gem, Jewellery and Minerals Fair (AIGJMF 2012) held last April has been described as a major success in terms of organisation, future deals and on the spot sales.
STAKEHOLDERS in the import business have asked the government to act tough on Pre-shipment Verification of Conformity (PVoC) to avoid the country being turned into a dumping site for sub-standard goods.
AIRTEL Tanzania has increased the time-frame for its customers to participate in the renowned promotion dubbed "Nani Mkali" that started three months ago.
THE National Microfinance Bank (NMB) has increased its dividend per share from 36/- to 50/- , approving a total of 25bn/- total dividend to shareholders.
ZANTEL expects to rope in six million customers on Tanzania Mainland in the next two years, the company has said. The company’s Chief Executive Officer (CEO) Mr Ali Bin Jarsh told the ‘Daily News’ in Dar es Salaam on Sunday that the progress will earn Zantel a 20 per cent market share.
THE growth of monetary aggregates in circulation slowed in the year ending March this year compared to the corresponding period in 2011 partly due to Bank of Tanzania (BoT) measures to curb inflation.
THE Private sector has asked the government to reduce the Value Added Tax (VAT) rate from 18 per cent to 16 per cent in the 2012/2013 budget.
THE money market analysts have predicted the declining of interbank rates in this month on the back of large maturities from Treasury Bills (T-Bills).