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Northern zone records highest increased number of SACCOS

ALTHOUGH the country has recorded the decreased number of Savings and Credit Cooperative Societies (SACCOS) during the first quarter of this year, compared with similar quarter of last year, northern zone has beat all the odds by increased numbers. ....

Regional Administrative Secretaries , Microfinance Act , Consolidated Zonal Economic Performance Report , Know Your Customer , South Eastern , Lake Zone , Southern Highlands ,

Tanzania: Cross Border Trade Raises Over 30pc in Q3

Tanzania: Cross Border Trade Raises Over 30pc in Q3
29 December 2020
THE Bank of Tanzania (BoT) has said cross-border trade registered a surplus balance, thanks to more increase in exports than imports.
The trade surplus increased by 35.1 per cent to 1.526tri/- in three months to September from the value registered in a similar period last year.
Main contributors, according to the central bank, to the quarter three surplus were two zones - the Lake Zone and the Southern Highlands Zone.
Cross-border trade for zones with borders registered a surplus balance, driven by faster increase in exports than imports, BoT, latest Consolidated Zonal Economic Performance Report for Quarter ending September, showed. ....

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