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    • Tanzanian Shilling (TZS)

Tanzanian Shilling (TZS) Newsletter
  • Why a weaker shilling in E.Africa is not all bad news 05 Sep 2024 00:01 GMT

    … against the Kenyan shilling, Ugandan shilling, and Burundian franc … , which may reduce Tanzania’s imports from Kenya … the currency. During the same period Tanzanian shilling depreciated … implications. Interestingly, the Tanzanian shilling has appreciated by 3 …

  • What lies ahead as shilling continues to slip against the dollar 04 Sep 2024 00:21 GMT

    … es Salaam. The Tanzanian shilling has depreciated against the … on currencies like the shilling. The shilling traded at an … Tanzania is due to the underperformance of the local currency, … policies to stabilise the shilling and control inflation. Additionally …

  • Ministry of Energy compares Tanzania's oil importation deal with Kenya's, defend... 29 Aug 2024 11:11 GMT

    … speculative activities, and ensuring foreign exchange rate stability to support economic … appreciation of the Kenya Shilling against the USD. It … press release. Comparison to Tanzania The Ministry noted that … premiums in comparison to Tanzania's Bulk …

  • Kenyan banks see forex losses from subsidiaries 24 Aug 2024 06:29 GMT

    … statements in their local currency (functional currency), but when they … 31 percent against the Tanzanian shilling this year, 27.5 … Tanzania, Mauritius and Burundi, also made losses on their currency … has been dampened by forex losses, Kenyan banks have …

  • Higher revenues, strong shilling push Serena Hotels operator back into profit 22 Aug 2024 10:24 GMT

    … gains from a stronger local currency, which reduced the group … for instance, Royal Tour Tanzania, has paid off,” TPS … strengthening of the Kenyan shilling against the US dollar … concerns, high interest rates, currency volatility and inflation. However, the …

  • Higher revenues, strong shilling lift Serena hotels operator back into profitability 22 Aug 2024 09:31 GMT

    … , for instance, Royal Tour Tanzania, has paid off,” TPS … Appreciation of the Kenyan Shilling against the dollar over the … on the stronger local currency. The Group’s total … concerns, high interest rates, currency fluctuations and inflation.  The firm …

  • FOCUS ON Sadc SUMMIT 2024: Tanzania 11 Aug 2024 03:11 GMT

    … official, universally-spoken language in Tanzania. English, also an official … Country: 945 200 square kilometres Currency: Tanzanian Shilling (TZS) Tsh 1 = 100 … Tanzanians profess Christianity, which in Tanzania includes Roman Catholic, Lutheran, Methodist …

  • Kenya shilling remains stable as CBK boosts usable dollar foreign exchange reser... 11 Aug 2024 13:16 GMT

    … reported that the Kenya shilling remained stable against regional … CBK reported that the shilling remained stable against major … . "The Kenya Shilling remained relatively stable against … Tanzania. The region is working towards developing a single currency …

  • Strategic FYDP III execution keeps public debt in check 06 Sep 2024 09:49 GMT

    … said the depreciation of the Tanzanian Shilling against the US Dollar is …

  • EABL posts 12% profit decline amid currency devaluation, rising interest rates  31 Jul 2024 17:09 GMT

    … was primarily attributed to currency devaluation and rising interest … total revenue.   Uganda and Tanzania also recorded strong performances, with … in Kenya, along with forex losses. Earlier this year, … ) due to the weakening shilling.  Although EABL’s tax …

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