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Business - Page 17

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CRDB Campaign Second Draw Rewards Six Winners

The excitement surrounding the ongoing CRDB Bank TemboCard Visa campaign intensified after six lucky customers emerged winners during the second official draw of the “Fainali Ndo Mpango” promotion, a nationwide campaign designed to reward customers using digital payment services ahead of the
May 12, 2026
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Fuel Prices Rise, Drivers and Consumers Struggle

Fuel prices, particularly for petrol, diesel, and kerosene, have continued to rise, leaving millions of Tanzanians grappling with the economic impact. This ongoing increase is placing an additional financial burden on consumers, especially those relying on fuel for transportation, with rising import
March 5, 2025
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Prateek Suri Pledges Billions to Africa’s Development

Billionaire entrepreneur Prateek Suri, Africa’s wealthiest Indian businessman, has announced a major philanthropic initiative, committing a significant portion of his fortune to improving education, healthcare, and child welfare across Africa. His pledge, one of the largest individual donations in recent history, aims
March 3, 2025
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Kariakoo Boosts Security as 24-Hour Trading Takes Off

As Kariakoo transitions into a 24-hour business hub, efforts to strengthen security and improve infrastructure are gaining momentum. Authorities are moving forward with key initiatives, including the installation of surveillance cameras and improved street lighting, to support traders and shoppers in the
February 28, 2025
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Construction Costs Rise Despite Increased Material Production

Over the past decade, Tanzania’s construction industry has grown significantly, with cement and steel production more than doubling. However, instead of benefiting from lower costs, consumers continue to struggle with high prices, making construction and rent more expensive across the country. According
February 27, 2025
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Tanzanian Exporters Struggle as Phytosanitary Fees Skyrocket

Tanzania’s agricultural exporters are facing a major hurdle after the government implemented a sharp increase in fees for phytosanitary certificates—essential documents required to ensure produce meets international health and safety standards. The drastic hike, which exceeds 460%, has sparked concern among exporters,
February 25, 2025
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