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2 months ago | 
dailynews.co.tz | Sauli Giliard |Florian Jamax
DAR ES SALAAM: THE women of the ‘Female Future Programme’ cohort 10 conducted by the Association of Tanzania Employers (ATE), have donated some continuous Positive Airway Pressure (CPAP) machines to support newborns with breathing difficulties at Mbagala Rangi-Tatu Hospital (MRH). The donated machines worth 18m/- are among the essential needs of the hospital, as they have always relied on those from the Temeke Regional Referral Hospital.
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Jan 23, 2025 | 
dailynews.co.tz | Florian Jamax
DAR ES SALAAM: THE Dar es Salaam Stock Exchange (DSE) has signed a Memorandum of Understanding (MoU) with the Tanzania Institute of Bankers (TIOB) to promote capital market literacy and foster greater public participation in financial markets. The agreement aims to boost the financial inclusion by setting several key objectives include harnessing technology to boost participation in capital markets and incorporating stock market-related content into TIOB’s training programmes.
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Jan 22, 2025 | 
dailynews.co.tz | Florian Jamax
DAR ES SALAAM: THE Dar es Salaam Stock Exchange (DSE) witnessed significant growth in market capitalisation in 2024, reaching 17.86tri/- by year-end. This marked a 22.3 per cent increase from 14.61tri/- in 2023, reflecting heightened investor confidence and favourable market conditions. This positive trend underscores the increasing stability and potential of the exchange, positioning it as a key player in the country financial landscape.
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Jan 17, 2025 | 
dailynews.co.tz | Florian Jamax
DAR ES SALAAM: DCB Bank has earmarked 15bn/- this year to provide loans to small-scale entrepreneurs, with a particular focus on women, youth and people with disabilities, to help drive business growth. The Director of the Audit Department at DCB Bank, Mr Emmanuel Barenga, stated that small-scale entrepreneurs have faced numerous economic challenges, despite being a crucial segment of the country’s economy. “These groups have long been underprivileged.
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Jan 13, 2025 | 
dailynews.co.tz | Florian Jamax
DAR ES SALAAM: DCB Commercial Bank has successfully boosted its capital by 71.6 per cent through the sale of rights shares, marking a significant milestone in its financial growth. The bank’s capital increase comes as part of its ongoing efforts to strengthen its financial position and support future growth, enhancing its ability to fund new projects and expand its services.
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Jan 9, 2025 | 
dailynews.co.tz | Esther Takwa |Florian Jamax
DAR ES SALAAM: PARENTS and guardians have engaged in a last-minute shopping frenzy ahead of schools reopening next week, as predicted by school supplies vendors. Many are now crowding various shops around Dar es Salaam, hoping to complete all their requirements, making this week busier than usual, with several spending more than their initial budget.
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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.
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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.
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Jan 8, 2025 | 
dailynews.co.tz | byBy JAMES KAMALA |James Kamala |Florian Jamax
DAR ES SALAAM: CRDB Bank has launched school fee loans for primary and secondary school students across the country. The loans, Ada Fasta, loaned through the SimBanking programme, are part of CRDB’s ongoing efforts to meet the needs and expectations of its customers, helping them overcome financial challenges. CRDB’s Acting Managing Director and CEO, Fredrick Nshekanabo, said yesterday that any parent or guardian can borrow up to 3.0m/-, which they can repay within six months.
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Jan 8, 2025 | dailynews.co.tz | byBy JAMES KAMALA |James Kamala |Florian Jamax
DAR ES SALAAM: CRDB Bank has launched school fee loans for primary and secondary school students across the country. The loans, Ada Fasta, loaned through the SimBanking programme, are part of CRDB’s ongoing efforts to meet the needs and expectations of its customers, helping them overcome financial challenges. CRDB’s Acting Managing Director and CEO, Fredrick Nshekanabo, said yesterday that any parent or guardian can borrow up to 3.0m/-, which they can repay within six months.
