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1. TAN-RE rated positively after 15.8bn/- capital bolster
  Friday, November 20, 2015  by Admin
  Africa’s No.1 rating agency, Global Credit Ratings Co. (GCR) of South Africa, has accorded Tanzania Reinsurance Company Limited (TAN-RE) a clean bill of health signifying financial stability at the sole locally registered reinsurer in the country.

Reliable sources at the company said the affirmation of its ability to pay policyholders’ claims was concluded last month and officially announced early last week. For the period ended June 2014, TAN-RE incurred claims decreased by eight per cent down to 14.6bn/- billion from 15.8bn/- billion during similar period in 2012.
 
2. TRA warns business people against engaging in smuggling
  Friday, November 20, 2015  by Admin
  After managing to intercept smugglers with 11 pieces of rhino horns weighing 53.3kg and arresting four Chinese nationals at Kasumulu border post in Kyela district, Tanzania Revenue Authority has reminded business people and the general public to stop smuggling.

TRA’s director of education and taxpayer services Richard Kayombo said yesterday that they have improved border protection technology to address the rampant problem of smuggling.

Kayombo said immediately after the interception of the consignment and the involved persons, customs officials in partnership with state security agents issued a Notice of Seizure with reference number TZKR- 0008 of 06-11-2015 pending further investigations.
 
3. UNCDF, TPSF waelimisha mitaji kwa wajasiriamali
  Thursday, November 19, 2015  by Admin
  WAFANYABIASHARA na wajasiriamali wadogo na wakati wameshauriwa kutumia vyema uwepo wa Mfuko wa Mitaji wa Umoja wa Mataifa (UNCDF) kupitia mpango wake fursa za kifedha zilizopo nchini (LFI) ili kuweza kuanzisha biashara zao na kuziendeleza.

Hayo yalisemwa na Ofisa Mtendaji wa Programu ya UNCDF ya LFI, mwenye makazi yake Dar es Salaam Peter Malika na Ofisa Mtendaji wa Taasisi ya sekta Binafsi (TPSF), Godfrey Simbeye wakati wakifungua warsha ya siku 1 ya wajasiriamali kuhusu mitaji ya ndani kwa maendeleo.
 
4. Baraza la biashara lasaidiwa kompyuta
  Thursday, November 19, 2015  by Admin
  UBALOZI wa Jamhuri ya Watu wa China hapa nchini, umetoa msaada wa kompyuta mpakato kumi na mashime za nukushi mbili kwa Baraza la Taifa la Biashara (TNBC), kwa ajili ya kusaidia shughuli za uboreshaji wa mazingira ya kufanya biashara na uwekezaji hapa nchini.
 
5. Traders tout pro-growth and fair fiscal policies
  Wednesday, November 18, 2015  by Admin
 
MEMBERS of Tanzania Business Community say they wish new finance and trade ministers in President John Magufuli’s government will be individuals committed to support small businesses to thrive.

 
6. CRDB Bank plans to open branches in DRC, Zambia
  Tuesday, November 17, 2015  by Admin
  CRDB Bank plans to open branches in the Democratic Republic of Congo (DRC) and Zambia, Managing Director, Dr Charles Kimei, said at the weekend. "Plans are underway to venture in the Democratic Republic of Congo and Zambia.
 
7. EAC happy with Dar port modernisation
  Thursday, November 12, 2015  by Admin
  The East African Community Legislative members have commended Tanzania Ports Authority (TPA) for the ongoing Dar es Salaam port improvement that seeks to increase efficiency in service delivery.
 
8. EAC happy with Dar port modernisation
  Thursday, November 12, 2015  by Admin
  The East African Community Legislative members have commended Tanzania Ports Authority (TPA) for the ongoing Dar es Salaam port improvement that seeks to increase efficiency in service delivery.
 
9. Workshop pushes to improve businesses among youth
  Wednesday, November 11, 2015  by Admin
  YOUTH in the country have been urged to be innovative, embark on entrepreneurship to improve their income and meaningfully contribute to nation building.
 
10. Charcoal business earns Tanzania 1.6trn/- annually
  Monday, November 02, 2015  by Admin
  CharcoalL business earns the country over 1.6trn/- annually as 90 per cent of the population uses it as energy source.
 
11. 80bn/- shopping centre planned for Dar
  Monday, November 02, 2015  by Admin
  The project, to be implemented by the Local Authority Pension Fund (LAPF), is part of efforts to relieve traffic and housing pressure on the commercial capital.

The Fund’s Corporate Marketing and Communications Manager, Mr James Mlowe, told reporters that the mall will provide offices, banks, supermarkets, children sports facilities, retail and wholesale shops and other household items formally sourced from the city centre.

“It’ll be a modern building which is one-stop service centre. This is a move to bring service to the people and will reduce traffic congestion in the city,” he said. He said that the tender for construction of the three-storey building has already been floated with a view to getting the Main and Sub Contractors.
 
12. Pension fund capitalizes on investment in Mtwara
  Monday, November 02, 2015  by Admin
  THE residents of Mtwara region were waiting anxiously, fidgeting under the hot afternoon sun, looking forward to witnessing a historic event. For some, the possibility of seeing for the first time a face they have only been seeing on their television sets was overwhelming, and for others the weight of the event was comforting.
 
13. CRDB Bank makes splendid performance
  Monday, November 02, 2015  by Admin
  The bank described the performance as historic success. The bank’s cumulative profit for the nine months of this year surpassed the entire net earnings of last year by slightly less than 10bn/-.

The bank statement , for the group, reported to have generated net profit of 103.69bn/- which exceeded the last year net earnings by some 96bn/-. CRDB’s financial statement shows the profit was mainly attributed to net interest income that generated 275.58bn/- up to September compared to 198.38bn of similar period last year.
 
14. Prime Minister calls for beekeeping development
  Monday, November 02, 2015  by Admin
  Prime Minister Mizengo Pinda has called upon the newly launched Tanzania Beekeeping Development Organisation (TABEDO) to collaborate with private companies so as to push for the fast development of the sector.
 
15. Extractive industries transparency bill ready - minister
  Monday, June 08, 2015  by Admin
  The Tanzania Extractive Industries Transparency and Accountability Act, 2015 will be ready in the 2015/2016, the National Assembly heard yesterday. Minister for Energy and Minerals, George Simbachawene told legislators here that the draft of the law to strengthen operations in the energy sector was ready.
 

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