Cigarette maker’s profit falls by 9pc as operating costs rise

Tanzania Cigarette Company Ltd (TCC) has reported a 9.2 per cent decline in profit after tax mainly due to higher operating costs.

TheCitizen

Habari Zinazoendana

10 years ago

TheCitizen

02 Dec

Bank gross profit up 9pc

Exim Bank Group posted a Sh5.4 billion pre-tax profit during the third quarter of this year.

 

11 years ago

TheCitizen

24 Jul

High operating costs raise airfares

>High operating costs, numerous taxes, expensive fuel and low competition among airlines are among reasons that make airfares expensive in East Africa.

 

10 years ago

TheCitizen

08 Oct

Samsung flags 80pc jump in third quarter operating profit

South Korea’s Samsung Electronics flagged a nearly 80 per cent jump in quarterly profit Wednesday, as sales of chips and displays offset stiff competition in smartphones from Apple and cheaper Chinese rivals.

 

9 years ago

TheCitizen

29 Dec

Exports rise by 9pc on high tourism earnings

Tanzania’s value of exports has increased by 9.2 per cent as manufacturing and tourism improved in the year ending October 2015, according to the Bank of Tanzania (BoT).

 

10 years ago

TheCitizen

29 Sep

Bourse falls by 98pc after sharp rise previous week

The Dar es Salaam Stock Exchange (DSE) turnover decreased by 98 per cent last week and brokers have reported a volatile participation of investors ahead of the General Election on October 25.

 

11 years ago

TheCitizen

12 May

CRDB approves Sh30 billion dividend on 2013 profit rise

Shareholders with CRDB will have every reason to be happy as the bank has announced an increase in dividends by 16.6 per cent, thanks to higher profits.

 

10 years ago

TheCitizen

30 Jan

A CHAT FROM LONDON: The rise and rise of bowel problems, bad wind and gluten

>When I was a kid there was a funny, dirty popular jingle.  A naughty song about bad wind, or in impolite, raw English, farting. Allegedly composed on the East African coast where Swahili lullabies developed and creativity blossomed. Swahili of Taarab, fun, mischief, music and fish.

 

11 years ago

TheCitizen

18 Jun

MPs want Paye reduced to 9pc

Members of Parliament have asked the government to further consider reducing Pay As You Earn (Paye) imposed on workers in a bid to relieve them of the ever growing cost of living.

 

5 years ago

BBC

17 May

Coronavirus: South Africa's alcohol and cigarette lockdown

In South Africa, illegal sellers are defying the prohibition on buying alcohol and cigarettes.

 

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