byBy JAMES KAMALA

Jan 9, 2025 | dailynews.co.tz | byBy JAMES KAMALA |James Kamala |Dativa Minja

KILIMANJARO: TRADERS in Kilimanjaro region experienced a surge in business during the recent Christmas and New Year festivities, driven by high demand for building materials. The rush to complete construction projects before the holidays resulted in increased sales and higher prices for key finishing materials such as floor tiles, paints, electric cables, aluminum windows, wall putty and cement.

Jan 9, 2025 | dailynews.co.tz | byBy JAMES KAMALA |James Kamala |Ahmada Yahaya

DAR ES SALAAM: FOLLOWING the bold move by the Dar es Salaam Rapid Transit (DART) agency to introduce Compressed Natural Gas (CNG) to its fleet of 755 buses under BRT Phase II, experts are optimistic that this initiative will yield significant economic and environmental benefits. Analysts are particularly enthusiastic about the potential of the CNG buses to dramatically reduce operational costs, slash carbon emissions and enhance the efficiency of public transportation.

Jan 9, 2025 | dailynews.co.tz | byBy JAMES KAMALA |James Kamala |Florian Jamax

DAR ES SALAAM: THE Bank of Tanzania (BoT) maintained its central bank rate (CBR) at 6.0 per cent for the third consecutive quarter, signalling continued confidence in the country’s economic stability. The central bank’s Monetary Policy Committee (MPC), which met on Tuesday, decided to maintain the CBR for the third consecutive quarter since July last year, citing stable inflation levels at the lower end of the target range.

Jan 9, 2025 | dailynews.co.tz | byBy JAMES KAMALA |James Kamala |Florian Jamax

DAR ES SALAAM: THE Bank of Tanzania (BoT) maintained its central bank rate (CBR) at 6.0 per cent for the third consecutive quarter, signalling continued confidence in the country’s economic stability. The central bank’s Monetary Policy Committee (MPC), which met on Tuesday, decided to maintain the CBR for the third consecutive quarter since July last year, citing stable inflation levels at the lower end of the target range.

Jan 8, 2025 | dailynews.co.tz | byBy JAMES KAMALA |James Kamala |Sauli Giliard

DODOMA: The annual headline inflation rate for December 2024 increased to 3.1 per cent, up from 3.0 per cent recorded in November, the National Bureau of Statistics (NBS) announced on Wednesday. A statement issued by NBS on Wednesday said that the increase rate has been influenced by both food and other commodities. “This means that the rate of price changes for goods and services in the year ending December 2024 increased compared to the rate observed in November 2024,” the NBS stated.