Market News
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Tanzania Exports Increase by 8.4% in Year Ending June 2016
Posted on :Monday , 12th September 2016
The Bank of Tanzania (BOT) Monthly Economic Review for July 2016 shows that the value of export of goods and services in the year ending June 2016, increased by +8.4%.
Overall exports reached USD10,096.9m, compared to USD9,310.6m in the year ending June 2015. The improvement was mainly driven by an increase in travel (tourism) receipts, manufactured goods, and gold.
Travel. . .
Tanzania on track to reach 7.2 pct growth target: central bank
Posted on :Monday , 12th September 2016
Tanzania is on track to reach its economic growth target of 7.2 percent this year, the east African nation's central bank said Friday.
The expected growth conflicts claims by some opposition members of parliament that the economy was headed for a recession."Based on various indicators and trends, it is evident that Tanzania. . .Tanzania: World Bank Grants Sh576 Million to Schools
Posted on :Thursday , 8th September 2016
World Bank has issued a grant of Sh576 million to three public primary schools in the district for the construction of classrooms and toilets.
The schools are Ludete, Lutonzo and Nyawilimilwa, according to Geita District education officer Deus Seif.He said this during a tour by Geita District Commissioner Herman Kapufi, to the s. . .Africa is next centre for global economic growth, says Museveni
Posted on :Thursday , 8th September 2016
Ugandan President Yoweri Museveni has called for increased investment in Africa, calling it the next centre for the world’s economic growth.
In a State House press statement issued on Monday, Mr Museveni described the economic situation in Africa as “very good” despite some bottlenecks while speaking at the third edition of the two-day Global. . .Tanzania: Enterprise Growth Market Cap Reaches 120 Billion/-
Posted on :Wednesday , 7th September 2016
Enterprise Growth Market (EGM), Dar es Salaam Stock Exchange second window, has proved to be a catalyst for growth.
The alternative offers opportunities for small and medium-sized companies, total market capitalisation reached 120bn/- at the end of last month.DSE Chief Executive Officer Moremi Marwa said in Dar es Salaam yesterd. . .Please Select an Option
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