UN body revises world GDP forecast upwards
Africa-Press - Tanzania. The UN Conference on Trade and Development (UNCTAD) has revised its world GDP forecast upwards from 2.5% to 2.7% for 2023...
OECD employment rate at record high of 70% in 2023
Africa-Press - Tanzania. The employment rate in the Organization for Economic Cooperation and Development (OECD) area was at a record high of 70% in...
Kilombero Sugar Company Limited responds to Kilombero district flood crisis with humanitarian aid
Africa-Press - Tanzania. Kilombero Sugar Company Limited has provided humanitarian assistance to the Kilombero District community, which has been severely impacted by the recent...
Internal Auditors should participate in capacity building-TADB
Africa-Press - Tanzania. DAR ES SALAAM: THE Tanzania Agricultural Development Bank (TADB) has encouraged internal auditors from various institutions in the country to continue...
IMF warns about financial fragilities before monetary easing
Africa-Press - Tanzania. The International Monetary Fund (IMF) on Tuesday warned about financial fragilities in the global economy before central banks start easing monetary...
Oil down with US stockpile build signaling low demand
Africa-Press - Tanzania. Oil prices declined on Wednesday, with data indicating lower demand in the US, the world's biggest oil consumer, outweighing supply concerns...
EPZA woos investors to automotive industry
Africa-Press - Tanzania. DAR ES SALAAM: THE Export and Processing Zones Authority (EPZA) has urged investors to grab opportunities in the automotive industry particularly...
IMF revises up 2024 global growth forecast to 3.2%
Africa-Press - Tanzania. The International Monetary Fund on Tuesday revised its global economic growth forecast for 2024 upwards to 3.2%, 0.1 percentage point higher...
Half of world’s most vulnerable face widening gap with wealthiest economies: World Bank
Africa-Press - Tanzania. Half of the world’s 75 most vulnerable countries are facing a widening income gap with the wealthiest economies for the first...
Oil prices up over escalating Middle East tensions, strong demand indicators in China
Africa-Press - Tanzania. Oil prices rose on Tuesday amid unresolved tensions in the Middle East and better-than-expected economic data from China, the world’s largest...