Bank of Tanzania

Entity type image
Type: Organization
Name: Bank of Tanzania
First reported 13 hours ago - Updated 13 hours ago - 1 reports

Tanzania about to achieve micro-economic stability

Stanbic Bank TanzaniaTanzania is expected to achieve micro-economic stability in a few months to come following the government move to reduce inflation rate to single digit.“The inflation rate is now coming down...the decline shows that interest rates ... [Published IPP Media - 13 hours ago]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

TRA to Boost Up Tax Collection

TRA to boost up tax collection DAILY NEWS Reporter TAX collection is a key component of a government's legitimacy when raised and managed responsibly in order to have a significant impact particularly to the provision of better and affordable services ... [Published AllAfrica.com - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Housing boost for civil servants

FOR the first time in the country’s history, civil servants will start benefiting from soft loans to construct or buy low-cost houses come September this year through the Public Servant Housing Scheme recently introduced by the government.The scheme was ... [Published Daily News TSN - May 21 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

MP Decries Shortage of Coins

Dodoma A LAW maker expressed concern over the shortage of coins in various parts of the country, noting that the situation is affecting efficiency among petty business people.He asked government to ban the business of buying and selling coins for a profit ... [Published AllAfrica.com - May 20 2013]
First reported May 19 2013 - Updated May 19 2013 - 1 reports

TRA told of police officers mess undercutting beer sellers

Traders in Mara Region have complained over police officers’ persistent illegal practice of selling alcoholic drinks to the public in general offered to them by the government at subsidized prices.Bar owners and other businesspeople selling alcoholic ... [Published IPP Media - May 19 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Tanzania Set to Achieve Micro-Economic Stability

Tanzania is expected to achieve micro-economic stability in a few months to come as the inflation rate keeps on declining."The inflation rate is now coming down...the decline shows that interest rates are going to come down systematically, which means ... [Published AllAfrica.com - May 17 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

AFRICA FX WEEKAHEAD-Zambia kwacha seen under pressure

Zambia's kwacha is likelyto be on the back foot next week as it tracks a weaker SouthAfrican rand, while Kenya and Tanzania's shillings are expectedto trade in narrow bands. The kwacha is likely to come under pressure against the dollar next week due ... [Published Reuters - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Tanzania and China note significant increase in trade volume, says banker

Anthony Grant, Exim Bank Tanzania Managing DirectorTanzania has noted a significant increase in trade volume with China, thanks to the new initiatives by the private sector and government towards making the sector more vibrant.According to the Managing ... [Published IPP Media - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

'Cut Down On Tax Exemptions'

AS the Tanzania Revenue Authority (TRA) targets to boost revenue collections to about 18tri/- annually in five years time, Denmark has expressed the need to cut down on tax exemptions to boost revenue collection.The recent Controller and Auditor General ... [Published AllAfrica.com - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Experts Upbeat On Economic Performance

EXPERTS are more optimistic on Tanzania's projected economic growth which is above the regional average, but say the government needs to focus on agricultural and energy sectors.They said Tanzania had registered robust economic performance, but the growth ... [Published AllAfrica.com - May 16 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Patterns Software to train software designers

:Patterns Software Design Institute plans to tie up with software product developers and engineering colleges to train their executives and students in software design architecture, an official said.The company is a city-based software design consulting, ... [Published ProKerala.com - May 15 2013]
First reported May 11 2013 - Updated May 11 2013 - 2 reports

BoT Reaffirms Equal Exchange Rate for U.S.D Bills

THE Bank of Tanzania (BoT) has reaffirmed its policy stands that all dollar bills, irrespective of their denominations have equal exchange rate, saying that it has already started reconciling policy and actual practice.Speaking to the 'Daily News on Saturday' ... [Published AllAfrica.com - May 11 2013]

Quotes

...He added, "If we reduce tax exemption and improve revenue collections, obviously real economic development will be realised"
Economically speaking, 6 or 7 percent is an impressive record in growth, but it does not necessarily lead to economic development. "Tanzania has to embark on infrastructure development so as to beef up its development strategies. I would advise the government to use the discovered natural gas for power production so as to speed up the development of the country" Goolam Ballim, Standard Bank Chief Economist said
"By virtue of a strong dollar the kwacha's prospects do not look very favorable going into next week. More so that the rand is looking very shaky" one trader said
The contribution from agriculture has, in recent years, not been significant because the sector is not performing well. "The fastest growing sectors in Tanzania do not involve the majority of the people" said Dr Masawe arguing that the growth was not all-encompassing since agriculture was not developing adequately

More Content

All (75) | News (71) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Tanzania about to achieve micro-economic stability [Published IPP Media - 13 hours ago]
TRA to Boost Up Tax Collection [Published AllAfrica.com - May 21 2013]
Housing boost for civil servants [Published Daily News TSN - May 21 2013]
Tanzania forms anti-fraud board [Published IPP Media - May 20 2013]
MP Decries Shortage of Coins [Published AllAfrica.com - May 20 2013]
TRA told of police officers mess undercutting b... [Published IPP Media - May 19 2013]
Mtwara people need knowledge and assurance, not... [Published IPP Media - May 19 2013]
FALLING INFLATION AND INTEREST RATES... BoT say... [Published Business Times Online Tanzania - May 17 2013]
Tanzania Set to Achieve Micro-Economic Stability [Published AllAfrica.com - May 17 2013]
AFRICA FX WEEKAHEAD-Zambia kwacha seen under pr... [Published Reuters - May 16 2013]
Tanzania and China note significant increase in... [Published IPP Media - May 16 2013]
'Cut Down On Tax Exemptions' [Published AllAfrica.com - May 16 2013]
Experts Upbeat On Economic Performance [Published AllAfrica.com - May 16 2013]
Patterns Software to train software designers [Published ProKerala.com - May 15 2013]
Tanzania: Exim Bank Opens Dar-Beijing Window [Published AllAfrica.com - May 14 2013]
BoT - Shilling Slipping Normal Shock [Published AllAfrica.com - May 13 2013]
African Economic Outlook - Part 1 [Published ABN Digital - May 12 2013]
CRDB to deploy ATM most secured technology [Published Daily News TSN - May 12 2013]
Africa faces the devil's choice amidst huge nat... [Published IPP Media - May 11 2013]
BoT Reaffirms Equal Exchange Rate for U.S.D Bills [Published AllAfrica.com - May 11 2013]
BoT reaffirms equal exchange rate for USD bills [Published Daily News TSN - May 11 2013]
Economic Diversification an Important... [Published AllAfrica.com - May 10 2013]
Tanzania working on Cyber Crime Act [Published HumanIPO - May 10 2013]
Kimei nominated for African Banker Award [Published IPP Media - May 10 2013]
Law to Combat Online Theft From Banks in the Pi... [Published AllAfrica.com - May 09 2013]
Bank of Tanzania auctioned Treasury bills worth... [Published Mbendi - May 08 2013]
BoT says 100USD bill 1996 series genuine [Published Daily News TSN - May 04 2013]
INSIGHT: Land, land everywhere, but not a scrap... [Published Tanzania Citizen - May 04 2013]
Bossi Jr?s Yacht in Tunisia [Published Corriere della Sera - May 03 2013]
Falling copper to weigh on kwacha [Published IOL - May 02 2013]
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Blogs

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MICROCAPITAL BRIEF: Unit Trust of Tanzania Laun... [Published MicroCapital - Apr 25 2013]
Unit Trust of Tanzania (UTT), a government-owned investment institution, reportedly has launched UTT Microfinance, a microfinance unit that will charge 18 percent annual interest to borrowers and use mobile money platforms for the distribution and repayment ...
MICROCAPITAL BRIEF: Bank of Tanzania (BOT) Lice... [Published MicroCapital - Mar 21 2013]
The Bank of Tanzania (BOT), the country’s banking authority, reportedly has approved licenses for CreditInfo Tanzania and Dunn & Bradstreet Tanzania, two privately-owned credit reference bureaus, to act as credit bureaus in Tanzania.  While each has ...
A well-kept secret: Tanzania’s export performance [Published blogs.worldbank.org - Mar 04 2013]
Let's think together: Every Sunday the World Bank in Tanzania in collaboration with The Citizen wants to stimulate your thinking by sharing data from recent official surveys in Tanzania and ask you a few questions. Outward looking strategies ...
Heads roll as ATM theft wave hits local banks [Published Team Cymru Internet Security News - Nov 25 2012]
"The Bank of Tanzania (BoT) is also preparing a report on ATM theft. The Head of Marketing, Communications and Corporate Affairs at the NBC, Ms Mwinda Kiula-Mfugale, said that the ATM scam was robbing its customers of their hard earned money and .... ...
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