Dar es Salaam. NMB Bank Plc has raised its single borrower limit (SBL) to Sh250 billion, thanks to the lender’s sustained splendid financial performance that has seen an epic rise in its capital.Continue Reading
The African Development Bank Group today announced the appointment of Hassatou Diop N’Sele, as Vice-President for Finance and Chief Financial Officer. Mrs. Diop, a Senegalese national, has been acting in the role since November 2021.Continue Reading
President Ruto has chosen Tanzania the first country to visit following his swearing in.Continue Reading
Informal and small businesses need to ensure that their customers get satisfactory services.Continue Reading
Unguja. Zanzibar businessman and politician Toufky Salum Turky could lose his property to the Tanzania Revenue Authority should he fail to pay taxes that amount to Sh308.5 million.
According to the Tanzania revenue Authority, (TRA) Turky’s assets will be seized should he fail the tax payment for the Marcedes Benz G wagon which he imported in January, 2022.Continue Reading
The government of Tanzania is prioritising mining of graphite, cobalt and helium among others minerals which are considered key in generating clean energyContinue Reading
The Tanzanian central government is planning to boost its security presence in the Zanzibar archipelago. A commission tasked with auditing the country’s security forces was appointed in July by President Samia Suluhu Hassan. It says it is concerned about the situation in the country’s Indian Ocean islands that are under the control of the semi-autonomous Zanzibar local government.Continue Reading
Tanzania have signed an agreement with Qatar to boost trade and investment relations between the two states as President Samia continues with her official visit to Doha. She arrived in Qatar on October.
The tripartite deal was signed on Thursday in Doha by Mohamed Bin Ahmed Twar Al Kuwari, the First Vice-Chairman of Chambers of Commerce, President of the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) Paul Koyi, and Ali Suleiman Amour, the Chairman of the Zanzibar National Chamber of Commerce (ZNCC).Continue Reading
Zanzibar beat Dar es Salaam for two years in 2020 and 2021.Continue Reading
Dar es Salaam. British firm Pennyroyal Limited has said it will sue the Tanzanian government over leasehold revocation in Zanzibar, but the Attorney General has confirmed that they are preparing to meet with the investor.Continue Reading
