Economy

Economy

Gold prices climb following Fed's rate cut

Gold prices climb following Fed’s rate cut

Africa-Press - Tanzania. Gold prices, which eased following the US presidential election, bounced back after the US Federal Reserve's interest rate cut Thursday. The Fed...
Bolt announces 10% fare increase amid increased driver operating costs

Bolt announces 10% fare increase amid increased driver operating costs

Africa-Press - Tanzania. Bolt, the leading on-demand mobility platform, has announced a fare increase of 19 percent effective from November 5, 2024. The new fares...
Tanzania meat exports grow 8pc

Tanzania meat exports grow 8pc

Africa-Press - Tanzania. TANZANIA’S meat exports have risen by 8.1 per cent, driven by increased global marketing efforts that successfully enhanced the visibility and...
Kagera boasts improved roads to attract investments

Kagera boasts improved roads to attract investments

Africa-Press - Tanzania. KAGERA: RESIDENTS of Kagera Region have reason to celebrate as the condition of most of the region’s roads has significantly improved. With...
TANSHEP adopts new agri business approach

TANSHEP adopts new agri business approach

Africa-Press - Tanzania. THE Tanzania-Japan Agricultural and Livestock Promotion (TANSHEP) project is shifting farmers’ mindsets from the traditional ‘grow and sell’ model to a...
SBL scoops prestigious top alcohol manufacturer award

SBL scoops prestigious top alcohol manufacturer award

Africa-Press - Tanzania. Serengeti Breweries Limited (SBL) emerged as the leading alcoholic drinks manufacturer at the prestigious President’s Manufacturer of the Year Awards (PMAYA),...
NBC Bank presents BMW X1 car prize to winner of “Shinda Mechi Zako Kinamna Yako” campaign

NBC Bank presents BMW X1 car prize to winner of “Shinda Mechi Zako Kinamna...

Africa-Press - Tanzania. The National Bank of Commerce (NBC) has presented a BMW X1 car to Mr. Massana Gibril, a resident of Arusha, who...
New policy to boost local content

New policy to boost local content

Africa-Press - Tanzania. THE government is drafting a new local content policy to unlock economic potential of the nation. The new policy aims to empower...
$5 billion plan to boost manufacturing in Africa

$5 billion plan to boost manufacturing in Africa

Africa-Press - Tanzania. Africa Textile Renaissance Plan aims to boost exports of cotton yarns and increase self reliance. Swiss leader in staple fibre yarn spinning...
UN talks on saving nature stumble on finance hurdle

UN talks on saving nature stumble on finance hurdle

Africa-Press - Tanzania. The world’s biggest nature conservation conference closed in Colombia on Saturday with no agreement on a roadmap to ramp up funding...