As concerns about shortages mounted, finance ministers from the Group of Seven major economies prepared to discuss a potential co-ordinated release of emergency petroleum reserves
According to data from LSEG, approximately $20 billion worth of equity issuances were executed worldwide over the three trading days from Friday to Tuesday, representing nearly 16 percent of the
Ewura reiterated that cap prices are mandatory maximums; petrol station operators are legally obliged to display these rates prominently on clearly visible boards
Investors now await a series of key US economic data releases this week, including manufacturing surveys, retail sales and payrolls figures
The completion of this massive infrastructure project signifies a new chapter for Tanzania’s economic engine, transitioning from a site of charred remains to a modern, multi-storey hub designed to anchor
Dar es Salaam. The Bank of Tanzania (BoT) has undertaken a significant market intervention, selling $47.25 million in a single auction to address a widening liquidity gap in the foreign
The new cap prices show a continued upward trend for petrol, while diesel and kerosene have recorded modest relief in most supply corridors
The bank has disbursed loans worth more than Sh1.3 trillion since its establishment in 2015, benefiting over 1.9 million farmers, livestock keepers and fishers across the country
BoT’s director of Financial Markets, Mr Emmanuel Akaro told reporters on January 30 that the move was not an indicator of fiscal distress but rather a calculated exercise in strategic
Mr Nehemiah Mchechu commended NMB’s management and board of directors for positioning the bank among the leading financial institutions contributing significantly to Tanzania’s economic growth