Trends - Tanzania - Business Recorder

Tanzania

First consignment of tractors reaches Tanzania

ISLAMABAD: Pakistan has started export of tractors to an African country, Tanzania, with the first consignment of...

Updated 31 Oct, 2024 03:05pm

Business & Finance

IMF signs off new $786 million Tanzania loan agreement

WASHINGTON: The IMF executive board approved a new loan program with Tanzania worth around $786 million on Thursday...

Published 21 Jun, 2024 11:11am

World

Eleven killed in Tanzania sugar factory accident

DAR ES SALAAM: Eleven people including three foreigners were killed in an accident on Thursday at a major sugar...

Published 24 May, 2024 06:27am

World

Kenya floods death toll at 228 as crisis persists

NAIROBI: Kenya said Sunday that the death toll from weeks of devastating rains and floods had risen to 228 and ...

Published 06 May, 2024 05:30am

World

Kenya floods death toll tops 200 as cyclone approaches

NAIROBI: The death toll from flood-related incidents in Kenya has crossed 200 since March, the interior ministry...

Published 03 May, 2024 03:42pm

World

Former Tanzanian president Ali Hassan Mwinyi dies aged 98

DAR ES SALAAM: Former Tanzanian president Ali Hassan Mwinyi, who introduced multi-party democracy to the East...

Published 01 Mar, 2024 11:39am

World

Collapse of goldmine in Tanzania kills 22, official says

DAR ES SALAAM: The collapse of an illegal small-scale gold mine has killed at least 22 people in northern Tanzania...

Published 14 Jan, 2024 05:31pm

World

World Bank approves new Tanzania loans worth $1.14bn

NAIROBI: The World Bank has approved two separate loans worth about $1.14 billion combined to Tanzania to support...

Published 21 Dec, 2023 04:55pm

World

IMF board approves release of $151mn for Tanzania budget support

NAIROBI: The International Monetary Fund’s executive board has authorised an immediate disbursement of about $151...

Published 14 Dec, 2023 01:35pm

World

Hundreds remember Tanzanian student killed in Israel-Hamas conflict

DAR ES SALAAM: Hundreds of Tanzanians bid a tearful farewell on Tuesday to a young agriculture student who was...

Published 28 Nov, 2023 10:41pm

World

Tanzania signs deals with DP World to operate Dar es Salaam port berths

DAR ES SALAAM: Tanzania on Sunday signed agreements with Dubai state-owned ports operator DP World to operate part ...

Published 23 Oct, 2023 05:58am

Pakistan

Separation of powers fundamental principle of democracy: Marri

ISLAMABAD: Poverty Alleviation and Social Safety Minister Shazia Marri, Thursday said the separation of powers is a...

Published 12 May, 2023 06:48am

Markets

IMF approves immediate disbursement of about $153mn to Tanzania

WASHINGTON: The executive board of the International Monetary Fund on Monday approved the first review of Tanzania’s...

Published 25 Apr, 2023 11:18am

World

More African countries set to approve malaria shot; 20mn doses ready in 2023

LONDON: African countries are lining up to approve a new vaccine for malaria, with 20 million doses available for...

Published 21 Apr, 2023 10:37am

World

Blinken to meet Ethiopia’s Abiy in bid to renew ties

ADDIS ABABA: US Secretary of State Antony Blinken was set to meet Ethiopia’s Prime Minister Abiy Ahmed on Wednesday...

Published 15 Mar, 2023 12:13pm

Business & Finance

Alvi for enhancing trade, economic cooperation with Tanzania

ISLAMABAD: President Dr Arif Alvi has underlined the need for increasing trade and economic cooperation with ...

Published 10 Mar, 2023 03:46am

Markets

Kenyan shilling, Nigerian naira, Zambian kwacha seen under pressure

NAIROBI: Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to remain under pressure against the...

Published 19 Jan, 2023 05:36pm

World

Plane crashes into Lake Victoria in Tanzania, 19 dead

DAR ES SALAAM: At least 19 people died when a passenger plane crashed into Lake Victoria in Tanzania on Sunday while...

Published 07 Nov, 2022 05:49am

World

Tanzania bus and lorry collision kills at least 23

DAR ES SALAAM: At least 23 people have died after a bus crashed into a lorry in eastern Tanzania on Friday, the...

Published 20 Mar, 2022 06:04am

Pakistan

PNS Alamgir visits Dar es Salaam, establishes free medical camp

ISLAMABAD: Pakistan Navy Ship ALAMGIR visited Dar Es Salaam, Tanzania as part of overseas deployment in African...

Published 17 Jan, 2022 07:06am

World

Tanzania signs $1.9bn railway contract with Turkish firm

DAR ES SALAAM: Tanzania on Tuesday signed a contract with Turkish firm Yapi Merkezi to build a 368 km section of...

Published 29 Dec, 2021 06:57am

Business & Finance

IMF gives Tanzania $567 million in Covid economic support

The Washington DC-based lender approved $567 million (479 million euros) in Covid support for Tanzania

Published 08 Sep, 2021 02:26pm

World

Tanzania to begin Covid vaccination drive Wednesday

The programme will begin with the single-shot Johnson & Johnson vaccine

Published 27 Jul, 2021 03:57pm

Business & Finance

African currencies week ahead: Kenyan, Tanzania units to remain steady, Uganda's shilling up

NAIROBI: The Kenyan and Tanzanian shillings were expected to remain steady in the coming week against the US dollar,...

Published 12 Jul, 2021 05:26am

Business & Finance

Tanzania considers reviving $10bn port project

DAR ES SALAAM: President Samia Suluhu Hassan said on Saturday that Tanzania will look to revive a $10 billion ...

Published 27 Jun, 2021 03:56am

World

Tanzania President Magufuli dies of 'heart condition'

"Our country shall be in a mourning period of 14 days and the flags shall fly at half-mast," said Hassan, adding that funeral arrangements were under way.

Published 18 Mar, 2021 09:41am

World

Oman bans entry from 10 countries to curb coronavirus spread

The countries are: Sudan, Lebanon, South Africa, Brazil, Nigeria, Tanzania, Ghana, Guinea, Sierra Leone, Ethiopia. The decision is effective from Thursday.

Published 23 Feb, 2021 11:41am

Markets

AngloGold Ashanti boosts dividend five-fold on gold price surge

All-in sustaining costs increased 6.1%, from $998 per ounce to $1059 per ounce. Most of that cost increase was due to the pandemic, AngloGold said.

Published 22 Feb, 2021 11:47am

Markets

AFRICA FX - Kenya shilling to gain, Nigeria's naira seen stable

The central bank will hold its first interest rate meeting for 2021 on Monday and Tuesday next week.

Published 21 Jan, 2021 07:03pm

World

Tanzanian rights activist free after two years in jail

Magoti, of the Legal and Human Rights Centre (LHRC), was arrested in December 2019 in Dar es Salaam.

Published 06 Jan, 2021 05:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.61 ▲ 0.91 (15.96%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8.08 ▲ 0.97 (13.64%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.61 (10.02%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
Shadman Cotton / Dec 18 Shadman Cotton Mills Limited(SHCM)	26.80 ▼ -2.98 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Hussain Industries / Dec 18 Husein Industries Limited(HUSI)	20.26 ▼ -2.25 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.09
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.29
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.23
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.20
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.02
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.17
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.26
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.33
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.09

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