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economics

Surge in Charcoal Sales in Tanzania Amidst Clean Cooking Energy Initiatives

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

Charcoal sales in Tanzania surged to Sh5.73 billion, a 100% increase from last year, as reported by the BoT, despite efforts to promote clean cooking energy. The growth underscores the …

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Companies

38th Finance Committee Meeting of Southern University Bangladesh

March 11, 2025March 11, 2025 - by Marcus Chen - Leave a Comment

The 38th finance committee meeting of Southern University Bangladesh took place on Tuesday, chaired by Khalilur Rahman. Key officials in attendance included BoT Secretary Professor Sarwar Jahan, Vice Chairmen Shafique …

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Business / economics

Analysis of the Decline of the Tanzanian Shilling Against the US Dollar

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

The Tanzanian shilling, having gained in value against the US dollar in December 2024, is now depreciating due to increased demand for dollars driven by heightened imports and reduced exports. …

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Business / economics

Understanding the Recent Depreciation of the Tanzanian Shilling Against the Dollar

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

The Tanzanian shilling, which had previously gained against the US dollar, is now experiencing a decline due to increased import demand and disruptions in agriculture and tourism. The Bank of …

Understanding the Recent Depreciation of the Tanzanian Shilling Against the Dollar Read More
Companies

Bridging the 24 Percent Financial Inclusion Gap: The Bank of Tanzania’s Vision for Inclusive Finance

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

The Bank of Tanzania aims to bridge a 24 percent financial inclusion gap by leveraging digital financial services and boosting financial literacy. With significant growth in mobile money usage and …

Bridging the 24 Percent Financial Inclusion Gap: The Bank of Tanzania’s Vision for Inclusive Finance Read More
Business / Companies / economics

Tanzania’s Central Bank Strengthens Regulations Amid Online Lending Fraud Scandal

March 1, 2025March 1, 2025 - by Sofia Nawab - Leave a Comment

The Bank of Tanzania has distanced itself from fraud allegations against Leo Beneath London, a company accused of running a Ponzi scheme. Law enforcement has arrested 17 individuals tied to …

Tanzania’s Central Bank Strengthens Regulations Amid Online Lending Fraud Scandal Read More
motorsport

Pirelli Investigates Qatar GP Tyre Failures, Rules Out Mirror Debris as Cause

December 7, 2024December 7, 2024 - by Sofia Nawab - Leave a Comment

Pirelli F1 has determined that tyre failures during the Qatar GP, affecting Lewis Hamilton and Carlos Sainz, were likely not caused by debris from a broken mirror run over by …

Pirelli Investigates Qatar GP Tyre Failures, Rules Out Mirror Debris as Cause Read More
Business / economics

Decline of the Tanzanian Shilling Against Regional Currencies

December 2, 2024December 2, 2024 - by Liam Nguyen - Leave a Comment

The Tanzanian shilling has weakened against the Ugandan and Kenyan currencies despite rising exports, as transactions are predominantly in US dollars, creating higher dollar demand and diminishing local currency strength. …

Decline of the Tanzanian Shilling Against Regional Currencies Read More
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