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AS the government embarks on the building industrial driven economy, some entrepreneurs have identified various taxes as a major challenge among Small and Medium Entrepreneurs (SMEs) in the country.

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THE pilots of the Vintage Air Rally planes have expressed excitement over Tanzania’s tourist attractions after spending three days in the country.

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EFFORTS made by Tanzania Ports Authority (TPA) to attract more cargo from transit markets have paid off after the authority recorded an increase of cargo destined to Rwanda.

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TANZANIA Telecommunications Company Limited (TTCL) has launched new SIM Cards for students that enable them to have various services including enough air time, bundles and text messages.

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TANZANIA Tourist Board (TTB) and Air Tanzania Company Limited (ATCL) yesterday signed an agreement aimed at promoting tourism in the country.

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KIBO is on the brink of developing a 250-350MW mouthof- mine thermal power station in its power and coal mine elements the MPCC in southwestern Tanzania.

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CHINESE investors are committed to invest in Africa but are held back by lack of proper information on the continent’s business environment.

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MOSHI Rural Teachers SACCOS has disbursed credit facilities worth 19.2bn/- to teachers since its inception some 18 years ago.

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CRDB Bank branch network will reach 300 by the year end leading other banks by far in terms of outlets.

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A BULK purchasing of 393 vehicles by the Government Procurement Services Agency (GPSA) has recently saved 1.3bn/- from the government coffer.

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NATIONAL Social Security Fund (NSSF) has assured its members that their money was safe as it ventures into industrialisation drive.

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AIRTEL Tanzania yesterday launched its first communication services at Cheleweni in Lindi Region in an effort to reach the underserved rural population.

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MWANZA regional authority has set aside three more areas for special economic zones in the municipality to implement the fifth phase government agenda of industrialisation that aims at creating more employment opportunities and economic growth.

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FASTJET Tanzania has announced suspension of routes from Dar es Salaam to Entebbe in Uganda and Nairobi in Kenya, effective as of Monday next week.

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THE Tanzania-Zambia Railway Authority (TAZARA) has continued to post improvements in both freight and passenger traffic in the first quarter of the 2016/2017 financial year.

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THE Tanganyika Instant Coffee (TANICA) has registered 104.7m/- profit, which is 24.7 per cent up compared to 83.7m/- recorded last season.

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REDUCTION in credit risk will enable banks and other financial institutions lend more to the private sector and reduce reliance on the safety of public sector credit market, the Bank of Tanzania (BoT) Governor Prof Benno Ndulu has said.

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TANZANIA Private Sector Foundation will receive a $400,000 grant from TradeMark East Africa to support operations of a national platform launched in Dar es Salaam over the weekend to bring together policy makers and industry stakeholders to collectively tackle the challenges of the logistics and freight industry.

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TARIME District Council has said annually entrepreneurship exhibition being organized by North Mara Gold Mine is helping to create jobs and business opportunities for young men and women in the villages around the mine.

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OVER 120 emerging and large corporates in Arusha Region are set to benefit from the National Microfinance Bank (NMB) executive network meetings on capacity building affecting their businesses.

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IMPROVED liquidity in the market has resulted into investors’ active participation in the five years treasury bonds auction held by the Bank of Tanzania (BoT) Wednesday.

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BANKS, credit organisations and social security funds should venture into rural areas to train and enrol the more than 75 per cent of Tanzanians into mainstream financial services and covers, the Minister for Finance and Planning, Dr Phillip Mpango, has said.

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FOR the first time Tanzanians will take part today in a one-day promotional sales in which they can purchase heavily marked down item online from American retailers through EasybuyAfrica.

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TOSHIBA has launched `Go Africa’ project to expand its storage business in the country.

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CHEMI Cotex, the manufacturers of whitedent toothpaste, has handed over 25 motor vehicles to winners of a three-month campaign in celebration of 25 years of successful business in Tanzania.

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TANZANIA’s tourist attractions are set for a big boost as the country will from next Monday play host to a leg of the first-ever and longest vintage air rally flying across Africa from Crete in Greece to Cape Town in South Africa.

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BUSINESS and investment stakeholders and experts are holding a two-day public private dialogue in Dar es Salaam that will come up with proposals for development of a new Small and Medium Enterprises (SMEs) policy.

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ZANZIBAR current account deficit narrowed further in September this year as exports increased and imports declined.

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NATIONAL Microfinance Bank (NMB) has donated 250 used computers to primary and secondary schools across the country to support Information Communication Technology (ICT) training and application in the education sector.

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CASHEW nuts export earnings are expected to stabilize the shilling throughout December to next February, money experts projected.

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WORLD Bank supported conditional cash transfer programme (CCT) has contributed to reduction of extreme poverty in Tanzania especially among female headed household who constitute 54 per cent of beneficiaries.

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BANK of Africa Tanzania has signed a credit facility agreement with the French Development Agency (AFD) worth 11.84 million US dollars (about 25.67bn/-) for lending to renewable and efficiency energy projects in Tanzania.

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TANZANIA Revenue Authority (TRA) in collaboration with Chinese Embassy in Tanzania has organised a one-day seminar on tax matters and investments to Chinese traders to adhere and comply with tax laws.

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