Tanzanian Shilling (TSh)

Shilling Remains Stable Against US Dollar

THE shilling has remained stable despite increased pressure on the US dollar. The National Microfinance Bank (NMB) said the shilling is expected to be under pressure this week if demand on the greenback persists. The local currency indicative rates show … Read Full Article

Bank of Tanzania (BoT)

REVEALED: Who Got Paid The TSh201bn Escrow Cash

The $122 million (Sh201 billion), which was at the escrow account held at Bank of Tanzania (BoT), was transferred to Pan Africa Power Solutions (Tanzania) Ltd (PAP) account between November 28 and December 8, last year, The Citizen can reveal today. This … Read Full Article

Pandu Ameir Kificho

Last Say On CA Ballot Mode

TENSION is mounting among members of the Constituent Assembly (CA), political parties and the general public as all await the decision on voting modalities on Monday. The issue of the vote to decide whether the assembly uses an open or secret ballot system … Read Full Article

Tanzanian Shilling (TSh)

Why Many Tanzanians Now Avoid Paying Taxes

Two out of every 10 Tanzanians simply refused to pay tax between 2011 and 2013, it has emerged. According to a new Afrobarometer study, the number of self-reported levels of non-compliance are far higher in Tanzania than in the other 29 sub-Saharan countries … Read Full Article