Tanzania News » Dar Es Salaam News Tanzania » Dar es Salaam » Finance: Tanzania's central bank buys 28 tons of gold over past 18 months for reserves
DAR ES SALAAM, July 8 (Reuters) - Tanzania's central bank has bought about 28 metric tons of gold over the past 18 months to bolster its international reserves and support the shilling currency, its ...
News Tanzania » Dar es Salaam » Finance: Dse Expansion Signals New Era of Market Financing
AS Tanzania seeks deeper pools of long-term capital to finance economic growth, the Dar es Salaam Stock Exchange (DSE) is strengthening its role as a financing platform for the economy, with record ...
News Tanzania » Dar es Salaam » Finance: Tanzania’s mining sector wins as Geita Gold Mine secures $500m financing
Dar es Salaam. Tanzania’s mining sector has received a major vote of confidence after AngloGold Ashanti’s Geita Gold Mine secured a $500 million (about Sh1.3 trillion) financing facility arranged by ...
News Tanzania » Dar es Salaam » Finance: NMB, Mantrac to ease equipment financing for miners, contractors
NMB Bank Plc and Mantrac Tanzania Limited have signed a partnership to improve access to financing for machinery and equipment used in mining, construction, infrastructure, energy and manufacturing.
News Tanzania » Dar es Salaam » Finance: Tanzania central bank boosts reserves with 28 tonnes of gold purchases in 18 months
The Bank of Tanzania (BoT) has purchased and stockpiled about 28 tonnes of gold over the past 18 months as part of a government strategy to strengthen foreign exchange reserves, support the value of ...
News Tanzania » Dar es Salaam » Finance: African data center operator Raxio to enter Tanzania this year
The facility's exact location was not provided, but Raxio has said that it is on the outskirts of the city, approximately 30 minutes away from the Central Business District. It wi ...
News Tanzania » Dar es Salaam » Finance: Kenya tax threatens Tanzania ceramic exports
Ceramics has urged the government to engage Kenya after Nairobi imposed a 5 per cent excise duty on ceramic imports, warning the measure threatens exports, regional supply chains and manufacturing ...
News Tanzania » Dar es Salaam » Finance: Tanzania steps up preps for two high-profile continental events
THE Tanzanian government has stepped up preparations for the Africa50 General Shareholders’ Meeting (GSM) and Infra for Africa Forum, with officials expressing confidence that Tanzania is on course to ...
News Tanzania » Dar es Salaam » Finance: Chinese Firm Wins $2.7 Billion Deal to Build Railway in Tanzania
China Civil Engineering Construction Corp. has won a contract to build a $2.7 billion railway project that’s part of a network that will connect the East African nation to some of its landlocked ...