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Abduel Elinaza
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Tanzania: Investors optimistic on market capacity to buy 1.5tri/- telecom IPOs
Stock market investors are optimistic that the Dar es Salaam
Stock Exchange (DSE) can handle the anticipated big primary offer from
telecommunications companies scheduled to list at the bourse. The DSE survey shows 50 per cent of sample size believe the
mar...

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Tanzania: Investors optimistic on DSE market capacity
Stock market
investors are optimistic that the Dar es Salaam Stock Exchange (DSE) can handle
the anticipated big primary offer from telecommunications companies scheduled
to list at the bourse.  <iframe width="500" height="300" scrolling="no" frameborder="n...

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Tanzania: Coffee prices up on high global demand
Coffee sold at Moshi Exchange increased to 7,668 bags
compared to 5,564 bags of the previous auction supported by price surge driven
by high global demand. According to the auction results released by the Coffee
Board of Tanzania (TCB), the overall average ...

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Tanzania: Low demand greets 5-year treasury bonds
Demand for the five-year treasury bonds was low during Wednesday
auction by the Bank of Tanzania (BoT) that recorded a 7.74 per cent, a sign of
a moderate appetite on the medium term paper. The auction results show that a total of 66 out of 90 bids received...

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Tanzania plans to inspect 35,000 small-scale mines
The government is planning to
carry out massive inspection of over 35,000 licensed small-scale mines amid
serious shortage of professional mining engineers and inspector. Acting Commissioner of Minerals, Engineer Ally Samaje, told this
newspaper recently in...

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Private sector key to Devt Plan success: Tanzania
About 48tri/- will be needed from the private sector to facilitate
construction of major infrastructure development projects in the Second Five
Year Development Plan 2016/17- 2020/21, the Finance Minister, Dr Phillip
Mpango, has said. Closing a one-day semi...

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Tanzania: DSE poll shows 20% can buy entirely 1.5tri/- tele-companies IPOs
Tanzania is expecting to see three initial public offers for three mobile
phone service provider in this first half.  The amount of estimated 1.5tri/-, some pundits, think is to huge for the
market to handle.  However, Dar es Salaam Stock Exchange (DSE) ran...

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Petra's Wiliamson diamond sales up 5%
Petra's Williamson Diamonds has posted 5 per cent increase of sales revenue 31 million US dollars in the first half of 2016/17 compared to 29.5 million US dollars of the corresponding period in the previous year. According to the latest trading update, publ...

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Air Tanzania’s new e-ticketing next week
Air Tanzania (ATCL) is expected to launch a new modern system of ticket booking next week. ATCL’s Managing Director, Ladislaus Matindi assuring customers that they will be able to make their booking in an easier and quick system from anywhere in the world. ...

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Tourism, gold top forex earnings in Tanzania
Tourism industry and gold exports continue to be the largest foreign exchange earner contributing to the substantial narrowing of the current account deficit. According to the Bank of Tanzania (BoT) monthly economic review for December, earnings from touris...
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