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Njombe Regional Commissioner (RC), Mr Christopher Ole Sendeka

Business

A TOTAL of 206 small scale tea farmers have successfully completed training on best farming practices organised by Njombe Out-growers Services (NOSC).

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COTTON farming season in Geita Region for 2017/18 has officially been launched with 196,373 acres expected to be cultivated through contract farming.

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KAGERA Region is set to become a tourist destination following concerted efforts to revive and promote tourist attractions.

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Bank of Tanzania (BoT) Governor, Prof Beno Ndulu

Business

THE Bank of Tanzania (BoT) Governor, Prof Beno Ndulu, is expected to lead statisticians in the country during the commemoration of the African Statistics Day, 2017 which will be marked in Dar es Salaam on Monday.

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TANZANIA Telecommunications Company Limited (TTCL) management has expressed optimism that it will meet its target for its envisaged super profit of between 7bn/- and 8bn/- in the 2017/2018 financial year.

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World Bank Country Director, Ms Bella Birdaca

Business

THE World Bank said yesterday that only honest dialogue between the public and private sectors will enhance Tanzania’s pace towards becoming a middle income economy.

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TANZANIANS have been challenged to scale up investment in small scale industries as way to maximise income and contribute to economic growth.

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Huawei President, Southern Africa Region, Mr Li Pengon

Business

THE ICT sphere has undergone distinct stages of evolution and has lately been focussing on going digital, which means shifting the paradigm from traditional business to an intelligent society.

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CRDB Managing Director Dr Charles Kimei

Business

CRDB Bank has simplified high learning loan procedures and reduces it to 15 minutes from three weeks soon after a student finalising application processes.

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SOME of the CRDB Bank customers and staffs have contributed 15m/-in less than two months for Dar es Salaam teachers’ offices construction initiative.

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CHAI Bora Tanzania, that acquired the local leading Tomato sauce brands manufacturer, Dabaga, will from next year embark on training tomato farmers on best farming practices in order to raise the standard of tomato products.

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FULL implementation of digital marketplace is soon to become a relief to smallholder farmers engaged in organic farming who have been struggling to reap reasonable prices and reliable markets for their produce.

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Commissioner of Insurance Dr Baghayo Saqware

Business

MBEYA Sido Market traders whose goods were razed down by fire breathe a sigh of relief after started receiving insurance compensation.

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VICE-President Samia Suluhu Hasan has emphasised on the need for East African states to focus on industrialisation hinged on value addition to address low productivity in the agriculture sector.

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IT is all smile for 89 members of Mbeya Youth Saccos (Mbeyosa) after successfully managed to pocket a loan amounting to 51m/- from the Saccos.

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EAST African residents residing in both sides of the Tanzanian Kenyan border at Sirari township in Tarime District have said they enjoy productive integration including free movement of goods and services between them.

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IN a bid to boost agriculture production in Zanzibar, the Board of Directors of Tanzania Agricultural Development Bank (TADB) have expressed interest in identifying bankable projects that would strengthen the Isle’s agriculture endowment of untapped arable land due to lack of capital and access to credit.

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VODACOM Tanzania has posted strong performance for the period ended September with M-Pesa revenue growing by 17.2 per cent to 141.6bn/-.

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KOREA will support Tanzania on renewable energy to enhance industrialisation drive as it focused to strengthen cooperation on clean energy, the Korean Ambassador, Geum-young has said.

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GOVERNMENT has started paying corporate outstanding tax refunds signifying its commitment to lay down good relationship with the private sector.

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THE appetite for the five-year treasury bonds remained high in an auction held last week attracting bids worth 233.94/-, which is two times the amount sought to be raised indicating improved liquidity among the investors.

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BLUE Pearl Hotel, a tenant at Ubungo Plaza building in Dar es Salaam has been evicted by Yono Auction Mart for failure to pay rent that accumulated to 5.7bn/.

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DAR ES SALAAM Stock Exchange (DSE) has registered a negative performance return in adjusted dollar term in this year’s third quarter due to dropping of share earnings.

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Swedish International Development Cooperation Agency (SIDA) Director General Carin Jamtin

Business

PRIVATE Agricultural Sector Support Trust (PASS) guaranteed loans to agriculture are likely to increase substantially, thanks to partner banks that have pledged more funding to farming activities.

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Permanent Secretary in the Ministry of Works, Transport and Communications, Ms Angelina Madete

Business

REMEMBER the good old ‘Post Office’ days? Well they are currently bouncing back. Tanzania Posts Corporation (Posta) services are being digitalized to connect Tanzanians to online retailing services across the globe.

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SMART payment has been extended further to daladala commuters and from today they start paying using electronic cards.

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EUTELSAT-OWNED satellite broadband service provider, Konnect Africa, will launch a public WiFi hotspot service next January to serve unconnected population with high speed and affordable internet services.

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THE Inflation rate has gone down by 0.2 percentage point in October, thanks for price easing trend. The rate, according to National Bureau of Statistics, slowed down to 5.1 per cent in October from 5.3 per cent in September.

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AB-INBEV President for East Africa Roberto Jarrin

Business

PRIVATE Sector has a key role in ensuring that it utilises and manages water efficiently to ensure that the resource is available to all, the AB-INBEV President for East Africa Roberto Jarrin has said.

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Kibaran Resources MD, Andrew Spinks

Business

Optimisation test work at graphite developer Kibaran Resources’ Epanko project, in Tanzania, has flagged the potential trebling of planned battery-grade graphite production.

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TANGA Cement has posted a first ever net loss in the first half of 2017 and declared no dividend to shareholders. The firm, trading at Dar es Salaam Stock Exchange (DSE) as Simba, made 14.6bn/- loss in H1 from profit of 11.39bn/- in similar period last year.

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AGRICULTURE and manufacturing are among the few sectors that received significant credit increase as overall lending to the private sector continue to decline.

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THE East African currencies are expected to hold steadily days ahead after easing pressure and demand of US dollars in their respective economies.

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