Page 5 of 14
                     
                      | 61. | 
                        Fastjet passengers' demand picks up   | 
                    
                     
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                      Tuesday, March 26, 2013  by 
                        Admin                | 
                    
                     
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                      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. | 
                    
                     
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                      | 62. | 
                        Bank of Baroda makes profit, after reversal of bad debts   | 
                    
                     
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                      Tuesday, March 26, 2013  by 
                        Admin                | 
                    
                     
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                      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. | 
                    
                     
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                      | 63. | 
                        Standard Chartered upbeat on Xi visit   | 
                    
                     
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                      Monday, March 25, 2013  by 
                        Admin                | 
                    
                     
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                      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. | 
                    
                     
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                      | 64. | 
                        Banks shares mostly undervalued at DSE   | 
                    
                     
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                      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. | 
                    
                     
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                      | 65. | 
                        Banks’ role in economic growth seen low   | 
                    
                     
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                      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. | 
                    
                     
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                      | 66. | 
                        Court summons Vodacom boss over 77m/- execution proceedings   | 
                    
                     
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                      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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                      | 67. | 
                        Telecoms emerge as leading advertisers   | 
                    
                     
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                      Friday, March 22, 2013  by 
                        Admin                | 
                    
                     
                      |   | 
                      TELECOMS and brewers are among highly competitive industries in the country, a factor that forces them to scramble for adverts space in newspapers and airtime in radio and TV stations, the latest report by Push Observer shows. | 
                    
                     
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                      | 68. | 
                        UK firms eye gas sector   | 
                    
                     
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                      Friday, March 22, 2013  by 
                        Admin                | 
                    
                     
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                      BRITISH Companies currently sourcing for business opportunities in Tanzania have said they want to enter into partnerships with local enterprises in oil and gas industry. | 
                    
                     
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                      | 69. | 
                        UTT introduces new investment scheme   | 
                    
                     
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                      Friday, March 22, 2013  by 
                        Admin                | 
                    
                     
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                      THE Unit Trust of Tanzania (UTT) has introduced a shortterm open-ended investment vehicle known as Liquid Fund to the market. | 
                    
                     
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                      | 70. | 
                        Oryx buys South Africa BP gas unit   | 
                    
                     
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                      Friday, March 22, 2013  by 
                        Admin                | 
                    
                     
                      |   | 
                      ADDAX & Oryx Group (AOG) subsidiary, Oryx Energies Limited, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and its 45 per cent owned Masana Petroleum Solutions. | 
                    
                     
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                      | 71. | 
                        Investment centre hails investors in tobacco   | 
                    
                     
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                      Friday, March 22, 2013  by 
                        Admin                | 
                    
                     
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                      THE Tanzania Investment Centre (TIC) has commended firms that managed to turn around ailing privatised former state-owned companies through injection of massive investment. | 
                    
                     
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                      | 72. | 
                        Swissport shares gain 10 pc at DSE   | 
                    
                     
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                      Thursday, March 21, 2013  by 
                        Admin                | 
                    
                     
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                      THE Swissport share price continued with a rally yesterday, gaining over 10 per cent to reach 1,900/- since the year started. | 
                    
                     
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                      | 73. | 
                        Roadblocks dog cross-border trade   | 
                    
                     
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                      Thursday, March 21, 2013  by 
                        Admin                | 
                    
                     
                      |   | 
                      STAKEHOLDERS have expressed concern over numerous roadblocks in some parts of the country which leads to higher costs of doing business. | 
                    
                     
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                      | 74. | 
                        Airtel Tanzania slashes call tariffs   | 
                    
                     
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                      Thursday, March 21, 2013  by 
                        Admin                | 
                    
                     
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                      AIRTEL Tanzania launched a new service called “AIRTEL YATOSHA” that will enable its customers to call other service providers at 75 per cent lower without necessarily having to change their SIM Card. | 
                    
                     
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                      | 75. | 
                        Alexander Forbes Tanzania rebrands to ARIS   | 
                    
                     
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                      Thursday, March 21, 2013  by 
                        Admin                | 
                    
                     
                      |   | 
                      ALEXANDER Forbes Tanzania Limited yesterday announced the rebranding of its corporate identity to African Risk and Insurance Services Limited (ARIS). | 
                    
                     
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