Zanzibar’s economy shows strong growth and stability
2025-04-04
Zanzibar’s economy exceeded expectations, recording a notable 7.2 percent growth in late 2024, driven largely by the vibrant tourism and trade sectors.Continue Reading
BOT keeps lending rate at 6 percent to shield economy
2025-04-04
The Bank of Tanzania (BoT) has decided to maintain its key lending rate, the Central Bank Rate (CBR), at 6 percentContinue Reading
Machinga Complex: Will the billions in investment ever be recouped?
2025-04-04
While the Complex stands largely empty, brisk trading is going on, on the streets in its vicinity.Continue Reading
Zanzibar digitises loan issuance for special groups
2025-04-03
The Zanzibar Economic Empowerment Agency (ZEEA) has launched a digital system for issuing loans to special groupsContinue Reading
Tanzania to enhance tourism standards with new ‘Safari Guide Code of Conduct and Ethics’
2025-04-03
Tanzania has launched the ‘Safari Guide Code of Conduct and Ethics,’ in an effort to elevate its tourism industry.Continue Reading
Zanzibar’s plan to transform Old Fort sparks debate
2025-04-02
The Old Fort (Ngome Kongwe) of Zanzibar, a centuries-old monument and a key symbol of the island’s rich cultural heritage, is transforming what will make it a premier cultural destination.Continue Reading
Zanzibar’s plan to modernise Old Fort sparks fierce debate
2025-04-02
The Old Fort (Ngome Kongwe) of Zanzibar, a centuries-old monument and a key symbol of the island’s rich cultural heritage, is transforming what will make it a premier cultural destination.Continue Reading
More pain at the pump as weaker shilling sends fuel prices soaring
2025-04-02
Motorists in Tanzania are bracing for higher fuel costs as a depreciating Tanzanian Shilling drives up pump prices.Continue Reading
Bank of Tanzania intervenes in forex market to stabilise shilling
2025-04-01
BoT sold $25 million through the auction, with a weighted average exchange rate of Sh2,663.16 per US dollar.Continue Reading
Zanzibar issues stern warning to cold storage businesses
2025-04-01
The ZFDA is conducting inspections to identify and take necessary action against these activities.Continue Reading
