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76. Northern Zone, Anjouan Ink Pact for Business Cooperation
  Monday, September 30, 2013  by Admin
  THE island of Anjouan in the Comoros and four regions of Tanzania comprising the Northern Zone have signed an agreement to strengthen investment and business cooperation.
 
77. NMB Named the Best Bank in Tanzania
  Monday, August 19, 2013  by Admin
  A PROMINENT international business and finance magazine, Euromoney has named the National Microfinance Bank PLC (NMB) “the Best Bank in Tanzania for 2013.”
 
78. Barcode attracts 400 business Firms
  Tuesday, May 28, 2013  by Admin
  GSI TZ National Limited’s barcode technology is steadily revolutionising the business environment for the Small and Medium Enterprises (SMEs) in particular.
 
79. Make Dar bourse more vibrant, calls regulator
  Tuesday, May 28, 2013  by Admin
  CAPITAL markets regulators should work out ways of making Tanzania’s nascent stock exchange market vibrant and capable of aiding growth.
 
80. More banks partner with NHC to provide mortgage
  Tuesday, May 28, 2013  by Admin
  FOUR additional banks have signed a Memorandum of Understanding (MoU) with the National Housing Corporation (NHC), that would enable customers to access loans to purchase houses built by the corporation. The four banks are DCB Bank, CRDB Bank, Banc ABC as well as NIC Bank.
 
81. Goat prices skyrocket as rains destroy roads
  Friday, April 19, 2013  by Admin
  The prices of goats at Pugu market have skyrocketed by about 50 per cent due floods resulting from ongoing rains pounding most parts of the country, disconnecting supply areas—mostly the Lake Zone.
 
82. CRDB Bank to hook China UnionPay Card
  Thursday, April 04, 2013  by Admin
  THE overgrowing business relationship between China and Tanzania has opened new prospects as CRDB Bank's ATMs would start accepting China UnionPay (CUP) cards. The CUP, which is like the US MasterCard and visa cards, are the only debit/credit card for the world's second largest economy, which is accepted by all Chinese banks.
 
83. Zantel opens new customer centre in Zanzibar
  Thursday, March 28, 2013  by Admin
  ZANTEL has launched a Telecom Dealer Shop in Muzamil Centre, Mlandege street in Zanzibar, the move aimed at offering their customers convenience and expand customer service.
 
84. Card payment to boost Fastjet
  Thursday, March 28, 2013  by Admin
  FASTJET has introduced its credit and debit card payment solution using Visa and MasterCard and expect to increase sales by 15 per cent, though mostly from overseas bookings.
 
85. Fastjet passengers' demand picks up
  Tuesday, March 26, 2013  by Admin
  THE number of passengers ferried by the Fastjet Tanzania since it started operations in Tanzania some five months ago, reached 84,716 at the end of February 2013, up from 58,329 registered in the previous month, a sign of the mounting demand for the low cost reliable air carrier.
 
86. Bank of Baroda makes profit, after reversal of bad debts
  Tuesday, March 26, 2013  by Admin
  THE Bank of Baroda (BoB) operating profit has increased by over 100 per cent, thanks to reversal of provision made against impairment losses on lending.
 
87. Standard Chartered upbeat on Xi visit
  Monday, March 25, 2013  by Admin
  TRADE and investment flows between China and Africa is set to gain momentum this year as President Xi Jinping visits several nations on the continent during his first overseas trip, Standard Chartered Bank said.
 
88. Banks shares mostly undervalued at DSE
  Monday, March 25, 2013  by Admin
  THE prices of CRDB Bank shares is the lowest among listed banks, despite being attractive, a new research indicates. The research “Equity Research on Local Listed Banks” released over the weekend shows that CRDB trading at earnings per share (PER) of 4.4 compared to National Microfinance Bank (NMB) of 6.7 and DCB Commercial Bank of 11.3.
 
89. Banks’ role in economic growth seen low
  Monday, March 25, 2013  by Admin
  DESPITE increased assets and deposits, the contribution of the financial institution to the country’s economic growth is still low. Going by numbers, only eight banks represent 75 per cent of the banking industry assets of 16.26tr/- at the end of last year, out of 45 banks.
 
90. Court summons Vodacom boss over 77m/- execution proceedings
  Monday, March 25, 2013  by Admin
  THE High Court's Labour Division has summoned Vodacom Tanzania Limited Managing Director, Rene Meza to show cause why he should not be committed to prison for allegedly failure to deposit in court 77m/ -in execution proceedings involving the company's employees.
 

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