New fund to give SMEs more cash

Despite more than two decades of implementing the privatisation policy, we still have no substantial investors to forge partnerships with foreign investors who are rushing here in the wake of huge discoveries of natural resources, especially lucrative minerals and hydro-carbon resources.

Overwhelmed by huge debts, the management of Moshi-based co-operative society has now started selling some of its assets to pay debts running into billions.

The Controller and Auditor General’s (CAG) report on the finances of political parties, which was handed over to the Parliamentary Public Accounts Committee on Tuesday, paints a disturbing picture.

 The Dar es Salaam Stock Exchange (DSE) wants small and medium enterprises operating in Tanzania to be listed at the bourse through the newly established Enterprise Growth Market (EGM) segment.

This is the second part of a series of articles that seek to define the stock market In my last week’s column I indicated how stock markets provide a platform for governments and companies can raise long term capital and where investors can buy and sell various types of financial instruments – shares, bonds, collective investment schemes (units) and risk management instruments, i.e. derivatives such as currency futures and options, interest rate futures, equity futures and...

Tanzania telecom boosts SMEs
East African Business Week
DAR ES SALAAM, Tanzania - No matter whom we are, where we live, how good we might feel, we all face situations that cause us to feel desolate. That is one of such situations facing the teaming youths in our society today, which is lack of job opportunities ...

At the Global Smart Partnership dialogue, one of the most significant highlights was an impassioned call by President Jakaya Kikwete on the role of governments and society to support Small and Medium Enterprises (SMEs).

 The European Investment Bank has agreed to grant euros 7 million (Sh15 billion) to Bank of Africa in Tanzania.