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Forex alarm as exports dwindle

>Tanzania is having difficulties in generating foreign exchange earnings.

TheCitizen

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Habari Zinazoendana

9 years ago

TheCitizen

Increase exports to generate more forex

Why has the shilling been falling inexorably against currencies of major trading partners in recent months? Why has Tanzania failed to take advantage of its less expensive commodities to increase exports to earn more forex?

 

10 years ago

AllAfrica.Com

MCT Shortlists Entries As Submissions Dwindle


MCT Shortlists Entries As Submissions Dwindle
AllAfrica.com
THE Media Council of Tanzania (MCT) has shortlisted 53 journalistic pieces for the Excellence in Journalism Awards Tanzania, for this year, but is concerned over the decrease of sentries submitted. Speaking to reporters on Saturday at the MCT ...

 

10 years ago

BBC

Nigeria tightens grip on forex

The Nigerian central bank has imposed new foreign exchange controls to try to stem the flow of dollars out of the country

 

11 years ago

TheCitizen

House team says no to use of forex locally

The government has been advised to repeal the 2008 law which allows foreign currency usage locally in a bid to prevent ‘dollarisation’ from taking root in the country.

 

9 years ago

TheCitizen

Manufacturing overtakes gold in generating forex

The manufacturing sector has overtak­en gold in generating foreign exchange earnings.

 

10 years ago

TheCitizen

BoT shuts 15 forex shops for violating regulations

>The Bank of Tanzania (BoT) has deregistered 15 bureaux de change in the last three years for operating illegally.

 

10 years ago

TheCitizen

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.

 

11 years ago

TheCitizen

Make cash transfer fees competitive to lure forex

That Tanzanians living in Kenya remitted home only $15 million against $118 million that Kenyans in Tanzania sent back to their country calls for a rethink of how to integrate our economies. These figures show a serious weakness on Tanzania’s side.

 

10 years ago

TheCitizen

EDITORIAL: Tap tourism fully to raise forex, boost PR

>The ‘all is well’ impression has bred the ‘Tanzanian way of doing things’ culture that, in the economic sphere, costs us dearly by way of poor services that frustrate customers, the net effect  of which is reduced patronage and lower revenues.

 

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