Tanzania - The Citizen - Business News

Mbilinyi: Coops lack autonomy

Details The government should let cooperative societies operate freely if it wants them to help members....

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Contraband cigarettes worth billions seized

Details >The Police Force, in collaboration with the Tanzania Revenue Authority (TRA) and the Fair Competition Commission (FCC) have arrested three people in various parts of Mbagala  for stocking and selling contraband cigarettes worth billions of shillings in the past week....

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CRDB touts Sim banking

Details >A substantial investment in technology has helped commercial banks to reach a number of unbanked Tanzanians, a prominent banker has said....

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Multinational firms explore energy options on gas, diesel

Details >Two global energy companies have extended their partnership to explore how technological devices in gas and diesel power generation can be applied in Tanzania....

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Oil price fall ‘good for economy’

Details The recent fall of oil prices in the world market has sent a positive note to Tanzania’s balance of payments with the country’s current account narrowing by 11 per cent in the year ending November 2014....

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Policy inconsistency irks tour operators

Details Tanzania’s policy inconsistency is threatening the competitiveness and sustainability of a multibillion-tourism industry, tour operators say....

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Igunga Council budget okayed

Details The Igunga District Council has endorsed a budget of Sh28.5 billion for 2015....

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Best bank boards to be honoured

Details The inaugural Best Board Leadership Award (BBLA) for the banking and insurance will be held in Dar es Salaam tomorrow, involving seven institutions....

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Sumatra yet to approve TRL proposal on tariffs

Details >Tanzanians will have to wait longer for the start of the deluxe train services as a tariff application proposal is yet to be accepted, the Tanzania Railway Limited (TRL) has said....

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Cashew farmers’ earnings up 86pc this season: official

Details >Farmers’ earnings from cashew nuts will rise by 85.7 per cent during the current marketing season, a senior officer has said....

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Tanzanians to learn business

Details Over 200 Tanzanian businesspeople are expected to be coached on how to do business with Americans as the two countries look for ways of improving their business and trade ties....

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Services up at Dar port, say agents

Details The shipping industry is seeing tremendous improvement at the Dar es Salaam Port....

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Rice harvesting simplified: firm

Details Dar es Salaam. Rice farmers in various regions may find it easy to harvest their produce this season as a Dar es Salaam-based firm has imported combine harvesters....

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Tanzania delivery firm goes global with new tie-up

Details >One of the Top 100 winners, City Delivery Services (CDS), is set to expand its services globally after joining forces with Fedex Express, a global delivery services firm....

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Real Estate Regulatory Authority ‘in the cards’

Details >Tanzania is planning to put in place a real estate regulatory authority that will supervise and ensure level playing ground in the fast-growing sector....

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ILO predicts rise in joblessness

Details Unemployment will rise by 11 million in the next five years due to slower growth and turbulence, the UN warned on Tuesday. More than 212 million people will be jobless by 2019 against the current level of 201 million, the International Labour Organisation said....

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Swala mulls selling Kisumu oil block

Details >A firm that owns an oil block in Kisumu says it is ready to sell its investment if it gets a good offer....

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Bank introduces mobile banking for its customers

Details >Clients with Maendeleo Bank will now no longer be required to move with hard cash to and from the branches as they can easily make financial transactions electronically via their mobile phones....

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AVIATION: Ethiopian Airlines sees brighter 2015

Details >Ethiopian Airlines is planning further fleet and network expansion in 2015 as it seeks to transport the highest number of passengers than any other air carrier in Africa before the end of this year....

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