Govt moves to save free-falling shilling

Disturbed by the shilling depreciation against the US dollar, the government is undertaking several measures to cushion the negative impact of a weaker local currency on the economy.

TheCitizen

Habari Zinazoendana

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.

 

11 years ago

TheCitizen

10 Jun

Act to save the shilling

Reports that the Tanzanian shilling has been falling against the dollar for nine consecutive weeks is disturbing but not surprising.

 

10 years ago

TheCitizen

23 Jun

Only vibrant industry will save the shilling

Last week, Mwibara MP Kangi Lugola used humour to explain why the shilling had been in free fall in the last few years. The straight-talking CCM lawmaker said a country could not have a strong currency if it imported everything.

 

9 years ago

TheCitizen

26 Nov

Foreign reserves, tourism save shilling

The first six months of the current calendar year was bad to the Tanzania shilling so much that it even sent prices of imported products up.

 

11 years ago

TheCitizen

03 Mar

Dar firm moves to save home-gas use

>A company based in the city is pioneering the introduction of gas-saving technologies that may save the home gas use by more than 40 per cent.

 

5 years ago

The Guardian

27 Feb

Free Solo climbing star Alex Honnold falling – Keith Ladzinski's best photograph

Free Solo climbing star Alex Honnold falling – Keith Ladzinski's best photograph  The Guardian

 

10 years ago

TheCitizen

03 May

CROSSROADS: Free fall of our shilling: let authorities explain

>The free fall of the Tanzania currency – shilling -- against the greenback to an all-time low has been the talk of the town in recent weeks. It depreciated to Sh2,015 against the dollar last week from last year’s average of Sh1,630. Even as efforts are now being made to rescue the situation, we still need thorough explanations.

 

11 years ago

IPPmedia

09 May

Govt moves on taxes welcome

IPPmedia
Govt moves on taxes welcome
IPPmedia
If what is being discussed in the National Assembly is consistently implemented, it could lead to a major revamp in the way we do business in our country and make planned targets more achievable. We are talking about the monitoring of projects to ensure ...

 

10 years ago

TheCitizen

27 Feb

Govt moves to boost farming

The government has introduced a new organ - placed under the Ministry of Agriculture – as it seeks to raise productivity of the sector that employs over 70 per cent of Tanzanians in the working age.

 

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