AT least 344 Tanzanians have bought the Faraja insurance cover offered by Vodacom through M-Pesa in collaboration with Heritage Tanzania.
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THE five-year treasury bonds, the last auction for 2012 held last week, was undersubscribed by 40 per cent, despite an increase of yields to 14.9 per cent compared to the previous’ 14.5 per cent.
AFTER 12 months in operation, the Bulk Procurement System (BPS) has made remarkable achievements in the supply of petroleum products in the local market, despite some notable challenges which authorities has vowed to address and increase efficiency.
DIVERSIFICATION of products and markets is considered to be an important factor in development of the industrial sector and competitiveness to alleviate abject poverty.
LOCAL contractors have asked for priority in allocation of project, saying the move will help in development of domestic internal capacity, skills and capital retention.
TANZANIA’S long awaited journey to digital broadcasting began with Dar es Salaam amid earlier concerns that the pricing of decoders would prevent millions of viewers from migrating to the new and clearer transmission platform.
THE Board of the National Bank of Commerce (NBC) said over the weekend that it would soon announce the replacement of Lawrence Mafuru as managing director of the institution.
THE East Africa region managed to attract significant investments both from Africa and beyond, where foreign direct investment (FID) grew to 1.7 billion US dollars by 2010 (about 2.72tril/- ), the State of East Africa 2012 report has revealed.
THE last week of trading at the Dar es Salaam Stock Exchange (DSE) in the year 2012 saw a decline of turnover to 61m/-, which is equivalent of 979 per cent fall, from 658m/- mobilized in the previous session.
SERVICES account recorded a surplus of 159.6 million US dollars (over 255bn/-) in the quarter ending September this year compared to 99.4 million US dollars (about 160bn/-) gained in the corresponding period last year largely because of a rise in service receipts that outweighed service payments.