KCB to open 12 new outlets in Tanzania and Kenya
KCB Group is set to open 12 new branches in Kenya and Tanzania this year in a move that will...
Shanta boosts group resources threefold in five years through exploration
East Africa-focused gold producer, developer and explorer Shanta Gold reports that, over the past five years, it has grown its...
Lake Victoria-Tanzania route to help boost Uganda railways cargo
Uganda’s railroads agency forecasts a surge in cargo operations as it develops an alternative transit route through neighboring Tanzania, and...
IMF flags debt restructuring hurdles, says banning crypto should be an option
Group of 20 (G20) nations have some disagreements over restructuring debt for distressed economies, the chief of the International Monetary...
Tanzania, IMF reach agreement on $151 million support under ECF arrangement
Tanzania and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of Tanzania’s economic program...
Tanzanian shilling to hold steady next week on FDI inflows
The Tanzania's shilling is expected to hold steady next week with inflows from foreign direct investments offsetting demand of the...
UAE-Tanzania non-oil trade exchange hit $2.5 billion in 2022
The UAE-Tanzania economic relations have witnessed significant growth in recent years. The non-oil trade exchange between the two countries reached...
Dar tycoon Rostam Aziz finally secures license to set up cooking gas plant in Kenya
Kenya has finally offered a Tanzanian billionaire the licence to set up a cooking gas plant and storage facilities at...
KCB Group makes U-turn on full buyout of DRC bank
KCB Group has retreated from an earlier plan of buying the remaining 15 percent stake in DRC Congo’s Trust Merchant...
Global debt sees first annual drop since 2015
The post-pandemic rebound in world growth and inflation last year meant the amount of debt sloshing around the global economy...