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Shilling to fall further

THE value of the shilling is expected to fall as demand for US dollars picks up at the beginning of the new month, which is a normal trend, financial analysts have said.

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New credit bureau to open in Dar es Salaam

DUN and Bradstreet Credit Bureau Tanzania, the first licensed credit bureau in Tanzania, is on Friday set to meet with bank executives at a consultative workshop in Dar es Salaam.

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DHL eyes further expansion in sub-Saharan Africa

DHL Express, a global logistics company has pledged to continue its expansion and investment strategy across sub-Saharan Africa and considers Tanzania as a key market within this strategy.

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Serengeti Breweries launches new promotion drive

SERENGETI Breweries launched a three month campaign called “Winda na Ushinde -- Hunt and Win” during which patrons of the Serengeti Premium Lager are to be rewarded up to 1m/-.

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Monthly revenue at Ferry Fish market reaches 30m/-

THE International Ferry Fish Market has currently managed to boost its revenue collections to at least 30m/- per month, up from the previous 18m/- before the revenue collections were commissioned to a private firm.

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New study highlights ten tourism sector impediments

NEW study has highlighted the greatest 10 impediments that deny Tanzanian players in the tourism sector the benefits from the East African community’s Common Market Protocol (EAC-CMP).

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American restaurant makes debut in Dar

ONE of the leading restaurants in the United States of America — KFC — has opened doors in Dar es Salaam, beefing up the number of eatery spots in the Tanzania’s commercial city.

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Buy cement shares, financial analysts advise

STOCKBROKERS have recommended for prospective medium term investors to buy shares of cement companies on the back of increased demand that is forecast to grow by over 10 per cent this year.

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Investors shun long-term T-bills

THE seven-year bond auctioned by the Bank of Tanzania (BoT) failed to attract investors in the long term papers, recording a 19 per cent under subscription beyond expectations of the market analysts who had forecast full subscription.

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