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BoT Pumps 1tri/- to Boost Private Sector

The Bank of Tanzania (BoT) has injected 1tri/- to financial institutions for lending in the private sector in an effort to mitigate macroeconomic impacts of COVID-19 pandemic in the country. BoT governor,…

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WCF Moves to Equalize Private, Public Sector Employers’ Contribution Rates

The Workers Compensation Fund (WCF) announced on Monday it has reduced contributions of private-sector employers from one percent of each employee's monthly income to 0,6 percent. The new rates are…

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FYDP III: TZ Pushes Economic Diplomacy

With foreign policy regarded as a key driver towards attaining economic diplomacy, Tanzania is keenly reinforcing bilateral relations as part of the Five-Year National Development Plan. The National…

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Initiative to Boost Grape Produce, Wine Kicks off

The Ministry of Agriculture has started to implement the directives of Prime Minister Kassim Majaliwa that tasked them to improve production of grapes and wine brew in the country. In the course, the effort…

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Dar Chairs CCTTFA, Vows Transport Costs Reduction

TANZANIA has been handed the Central Corridor Transit Transport Facilitation Agency (CCTTFA) chairmanship for one year after Rwanda's term expired. Member States - Burundi, the Democratic Republic of Congo…

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Central Bank: Tanzania Inflation Remains Within Target

The Central Bank (BOT)'s Monetary Policy Committee (MPC) has revealed that Tanzania's inflation remains within the target range of 3-5 percent while risk to inflation outlook is moderate despite the…

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Govt Widen COVID Rules

The Government has announced a new set of restrictions in an attempt to curb a rising number of coronavirus infections and deaths in the country. The new guidelines limit public gatherings, mandate face…

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COVID-19 Vaccines: Dar Gears up for Rollout

Tanzania yesterday received the first batch of over one million Johnson COVID-19 vaccines donated by the United States government through the COVAX arrangement, as the country plans to inoculate around 34…

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