#tanzaniafinance

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Bank Of Tanzania — There is hope for possible improvement in credit to the #privatesector after the Bank of Tanzania (BoT) slashed the discount rate by four percentage points effective from today.

The central bank said it reviewed downward the discount rate - the interest rate at which it charges for lending to other banks - from 16% to 12% starting today and experts said the move could lead to reduced lending rates to customers by commercial banks as well as an improvement in #moneysupply to the #economy.
#bankoftanzania #BOT #NMBbank #CRDB #NBCbank #tanzaniafinance #uchumi #tanzania #daressalaam #loans #Mikopo #biashara #tanzaniawire #tanzaniawiremedia

Tanzania is now pondering on the alternative source of energy and there is a possibility that the East African nation will tap and use nuclear reactors to produce power.
#umeme #taneso #industrialization #tanzaniaeconomy #uchumi #asubuhi #hydroelectricity #arusha #dodoma #magufuli #africa #power #habari #tanzaniawiremedia #eastafrica #tanzaniafinance

On March 4, 2017 Tanzanian President John Magufuli placed the foundation stone for the expansion works at the #Mtwara port in southern #Tanzania.

The construction works for a new 350-meter long berth will take 21 months to be completed.
#bandari #fedha #uchumi #economy #tanzaniafinance #government #arusha #gas #cement #offshore #dangote #africa #habari #asubuhi #daressalaam #oil

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Tanzania is now pondering on the alternative source of energy and there is a possibility that the East African nation will tap and use nuclear reactors to produce power.
#umeme #taneso #industrialization #tanzaniaeconomy #uchumi #asubuhi #hydroelectricity #arusha #dodoma #magufuli #africa #power #habari #tanzaniawiremedia #eastafrica #tanzaniafinance

On March 4, 2017 Tanzanian President John Magufuli placed the foundation stone for the expansion works at the #Mtwara port in southern #Tanzania.

The construction works for a new 350-meter long berth will take 21 months to be completed.
#bandari #fedha #uchumi #economy #tanzaniafinance #government #arusha #gas #cement #offshore #dangote #africa #habari #asubuhi #daressalaam #oil

Bank Of Tanzania — There is hope for possible improvement in credit to the #privatesector after the Bank of Tanzania (BoT) slashed the discount rate by four percentage points effective from today.

The central bank said it reviewed downward the discount rate - the interest rate at which it charges for lending to other banks - from 16% to 12% starting today and experts said the move could lead to reduced lending rates to customers by commercial banks as well as an improvement in #moneysupply to the #economy.
#bankoftanzania #BOT #NMBbank #CRDB #NBCbank #tanzaniafinance #uchumi #tanzania #daressalaam #loans #Mikopo #biashara #tanzaniawire #tanzaniawiremedia

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