Friday, August 4, 2023

FINANCIAL INCLUSION: VP issues new directives

 HENRY LYIMO

HENRY LYIMO

TANZANIA, Dar es Salaam: VICE-PRESIDENT, Dr Phillip Mpango has called for

NHC to list bond on DSE as profit surges

TANZANIA, Dar es Salaam: THE National Housing Corporation (NHC) will for the first time in history list its bond on the stock market, with the company disclosing that it has

PM tips youth on agri opportunities

PRIME Minister Kassim Majaliwa has encouraged Tanzanians particularly young people to

Four people die in Chalinze road crash

COAST, Chalinze: FOUR PEOPLE have died in an accident which occurred on Thursday during the wee hours at Mapatano Village, Mbwewe Ward in Chalinze Council, Bagamoyo District,   Coast Region.

Revealed: Top 10 investors at Dar es Salaam Stock Exchange

 

Summary

·         These ten individuals as of Friday last week had a collective Sh208.2 billion investment at the bourse, equivalent to 1.37 percent of the Sh15.12 trillion total market capitalization.

Geita Gold to save $19m annually after national grid connection

 

Vice president of AngloGold Ashanti-GGML responsible for sustainable projects in Ghana and Tanzania Simon Shayo (left) speaks during a forum to discuss energy issues on Monday. Others include chairperson of Tanzania Renewable Energy Association (Tarea), Mr Prosper Magali (center) and founder and managing director of Lindam Group Limited, Ms Zuhura Muro. PHOTO | CITIZEN CORRESPONDENT

Summary

·         Tanesco is implementing a power project which will ultimately connect the company with the electricity from the national grid

Reforms working as Tanesco nets Sh2.3 trillion income

 

Summary

·         With the rise in income, Tanesco’s net profit, which rose from Sh45.246 billion in 2019/20 to Sh77.144 billion in the 2020/21 financial year, jumped to a record Sh109.454 billion during the 2021/22 financial year.