Tanzania’s shilling strengthened for the first time in three days against the dollar as some mining companies sold the U.S. currency to pay for local costs.

The currency of East Africa’s second-biggest economy appreciated as much as 0.6 percent to 1,618.3 per dollar and traded at 1,627.5 by 1:51 p.m. in Dar es Salaam, the commercial capital, according to data compiled by Bloomberg.

“Inflows came in from non-governmental organizations and some mining companies supplying dollars,” Zainul Chandoo, head of Treasury at Standard Bank Group Ltd.’s local unit, said by phone “There otherwise have not been any major deals; we have had normal inflows and outflows.”

news via bloomberg.com


Michuzi Blog

Tanzanian blog operating since 2005, covering International news and Local News, including Politics, Fashion, Social Scenes, Interviews, Movies, Events, personalities and anything positive happening worldwide. Written in Swahili and English targeting both Swahili and English readers.

Toa Maoni Yako:

Kuna Maoni 3 mpaka sasa

  1. Kwanini dola 5, 10, 20 bei yake sio sawa na dola 100, 50?

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  2. Mdau wa kwanza. Nimejiuliza hilo swali miaka kibao sijapata jibu. Afu kuna kitu kingine nachoshangaa kwa nini haya maduka yanachagua mwaka gani noti ilichapishwa? Eti noti(U.S dollar) iliyochapishwa miaka ya tisini haina thamani sawa na iliyochapishwa 2000 na kuendelea. Bongo bwana.

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  3. Miracle on the Han River (Hangul: 한강의 기적 Hangangui Gijeok) refers to South Korea's highly accelerated EXPORT-FUELED ECONOMIC GROWTH, INCLUDING RAPID INDUSTRIALIZATION, TECHNOLOGICAL ACHIEVEMENT, EDUCATION BOOM, exponential rise in living standards, rapid urbanization, skyscraper boom, modernization, successful hosting of the 1988 Summer Olympics and 2002 FIFA World Cup, fast democratization and globalization that miraculously transformed the country from the ashes of the Korean war to a wealthy and highly developed country today with a globally influential trillion dollar economy and well-known multinational conglomerates such as Samsung, LG and Hyundai-Kia.


    The Japanese post-war economic miracle is the name given to the historical phenomenon of Japan's record period of economic growth following World War II, spurred mainly by Japanese government economic interventionism in particular through their Ministry of International Trade and Industry. The distinguishing characteristics of the Japanese economy during the "economic miracle" years included: the cooperation of manufacturers, suppliers, distributors, and banks in closely knit groups called keiretsu; the powerful enterprise unions and shuntō; cozy relations with government bureaucrats, and the guarantee of lifetime employment (shūshin koyō) in big corporations and highly unionized blue-collar factories. Since 1993, Japanese companies have begun to abandon some of these norms in an attempt to increase profitability and efficiency.

    ILI TUENDELEE INABIDI KUTUMIA MADINI YETU VIZURI NA PIA KUWA NA VIWANDA...ILA KWA SISI TANZANIA NI KINYUME TUNATAKA KUENDELEA KWA KUUA VIWANDA..ANGALIA TOKA AWAMU YA MWL. NYERERE MPAKA SASA VIWANDA VINGAPI VIMEKUFA!!!!

    PIA TUNAFIKIRI WAWEKEZAJE WATAKUJA HUKU KWETU KUTUENDELEZA!!! HICHO KITU HAKIPO! WAO WAMEKUJA NA SERA ZAO KUWA SERIKALI ISIMILIKI NJIA ZA UZALISHAJI WAKIJUA KUWA WATANZANIA KWA ASILI BADO HATUNA UWEZO/CAPITAL KWA HIYO SERIKALI IKIBINAFSISHA VITU VYOTE VITAISHIA MIKONONI MWAO..ANGALIA MADINI MAKAMPUNI YOTE NI YA NJE NDIO MAKUBWA NA HELA ZAO WANAWEKA NJE YA TANZANIA KWA SANA, KWA HIYO MAPATO YAO HAYANA MCHANGO MKUBWA WA KUKUZA SEKTA YA TAASISI ZA FEDHA HAPA TANZANIA ACHILIA MBALI MISAMAHA KIBAO YA KODI NA MAMBO MENGINE WALIYOPEWA RUHUSA NA WAKUU WETU KUYAFANYA AMBAYO HATUYAJUI.

    HAKUNA NCHI INAYOENDELEA KWA KUITA WAWEKEZAJE TU, MWEKEZAJI AKIWAKUTA NYIE WENYEWE MNAJIWEZA, MNAJUA MNACHOFANYA...HAPO HAWEZI KUWALALIA...ANAKUWA NI MWEKEZAJE KWELI ANGALIA KAMA WAWEKEZAJE WANAOENDA CHINA..UTAKUTA NI MAKAMPUNI MAKUBWA YA KIMAREKANI AMBAYO HATA MAREKANI YENYEWE INGETAMANI OPERESHANI ZA HIYO KAMPUNI ZIFANYIKE PALE PALE.

    KWA HIYO ILI TUENDELEA TUNAHITAJI VIONGOZI BORA, SIASA SAFI,WATU, ELIMU BORA,
    ila sijui ni kipi tunacho katika hivyo....

    tukiwa na hivyo tunaweza kupanga mikakati ya kuwa na maendeleo halisi kama taifa, ukiangalia vizuri nchi yetu inakila rasilimali tumekosa tu kuwa na........

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Hii ni Blog ya Watanzania popote walipo duniani kwa ajili ya kuhabarisha, kutoa/kupokea taarifa na kuelimisha mambo yote yaliyo chanya kwa Taifa letu. Tafadhali sana unapotoa maoni usichafue hali ya hewa wala usijeruhi hisia za mtu/watu. Kuwa mstaarabu...