BoT measure to rescue shilling faulted

The intervention in the Inter-bank Foreign Exchange Market (IFEM) by the Bank of Tanzania (BoT) to prop up the shilling is not a panacea, according to a University of Dar es Salaam professor.

TheCitizen

Habari Zinazoendana

11 years ago

TheCitizen

01 Jun

Shilling safe, says BoT

The shilling continued losing against the dollar this week, but the central bank says it has enough hard currency to deal with any threat on the value of the local unit.

 

10 years ago

TheCitizen

29 Apr

EDITORIAL: Curb use of the dollar to rescue ailing shilling

>The Tanzanian shilling is in very bad shape, so much that some analysts describe it figuratively as a currency that is in its death throes. It is cause for concern for us all, for it pains that while you could have purchased a dollar at around Sh600 in the late 1990s, you have to cough up Sh2,000 today for a single greenback.

 

10 years ago

TheCitizen

01 May

Use forex reserves to rescue free-falling shilling, says Mtei

Arusha. Former Bank of Tanzania (BoT) Governor Edwin Mtei, yesterday advised the central bank to use foreign currency reserves in a bid to prevent the shilling from depreciating further against the greenback.

 

10 years ago

TheCitizen

03 May

BoT governor, Zitto differ over causes of shilling fall

>The drop of gold price in the world market, donors withholding aid funds and business loans are to blame for the fall of shilling against the US dollar, according to central bank governor Prof Benno Ndulu.

 

5 years ago

The Conversation Africa

08 Mar

The way we measure iron deficiency in children needs to change. Here's why

The way we measure iron deficiency in children needs to change. Here's why  The Conversation Africa

 

10 years ago

IPPmedia

21 Nov

Forests for pupil desks should only be a temporary measure

IPPmedia
Forests for pupil desks should only be a temporary measure
IPPmedia
With a shortage of over 1,887,313 school desks in public primary and secondary schools in Tanzania, the decision to set aside portions of forest reserves for district authorities in acute shortage of the items as proposed by Ministry of Natural Resources and ...

 

10 years ago

IPPmedia

02 Oct

Govt develops tool to monitor, measure employment training

Govt develops tool to monitor, measure employment training
IPPmedia
As part of its efforts to curb the persistent increase of unemployment, the government has developed a monitoring method to oversee various employment training programmes currently being conducted in the country. The tool, a systematic evaluation formula, ...

 

10 years ago

TheCitizen

24 Mar

TAGALILE: Edward Lowassa: Loved and feared in equal measure

>Since the start of 2015, nothing has dominated the print media more than the race for the Union presidency. Tanzanians seeking the highest post in the country have been turning out very good copy for the print media.

 

10 years ago

TheCitizen

22 Sep

Police faulted over brutality

>Opposition leaders yesterday demanded disciplinary and legal measures be taken against police and government officials over Thursday’s brutality against journalists at the ministry of Home Affairs headquarters.

 

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