Tanzania News: Business – Investments – Economy
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WB Finance Solar Water Pumps in 165 Tanzanian Villages
The World Bank (WB) signed a grant agreement with the Government of Tanzania amounting to USD 4.5 million to finance the access to a sustainable…
Tanzania Set Tax Collection Record
The Tanzania Revenue Authority (TRA) collected TZS 1.767 trillion in taxes in September 2019, the highest amount it has ever collected since its inception in…
Stanbic Bank Tanzania Drill Down on the Tanzania Oil and Gas Congress
Stanbic Bank Tanzania has announced its support for the third Tanzania Oil and Gas Congress that will take place in Dar es Salaam between the…
Stanbic Bank Commit TZS 177 Billion to Infrastructure Projects in Tanzania
Stanbic Bank Tanzania recently reaffirmed its commitment to the development of Tanzania and announced that in 2019 it provided TZS 177 billion in funding to…
Tanzania Add 50,000 Mobile Subcriptions in 6 Months
According to the latest telecoms statistics for Q2 2019 published by the Tanzania Communications Regulatory Authority (TCRA), overall mobile network subscriptions in the country reached…
Mobile Money Lender Suspend Tanzanian Operations
Mobile lender Tala published a post on its Facebook page informing that the company is not offering loans in Tanzania, without giving any reason for…
5 Tanzanian Banks Breach Anti-Money Laundering Regulations
In a notice to the public dated 19th September 2019, the Bank of Tanzania (BOT) informs that it has imposed monetary penalties to five banks…
Tanzania Annual Inflation Slow Down to 3.6% in August 2019
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for August 2019 has decreased to 3.6% from 3.7% recorded…
Barrick Gold Take Full Control of Acacia Mining
Barrick Gold Corporation, the largest gold mining company in the world, has announced that the scheme to acquire the shares it did not already own…