IATA sees global return to profit in 2023
The global aviation sector is set to return to profitability next year for the first time since the coronavirus pandemic...
EA top banks cash in $204.9 million on forex crisis, govt securities to increase earnings
East Africa’s top retail banks have cashed in on the scarcity of hard currency, earning $204.91 million (Ksh25 billion) in...
Edenville places 5.7 million shares to raise £400,000 additional capital for Tanzania project
Aim-listed energy company Edenville Energy has issued 5.71-million shares in an effort to raise £400 000 that it will use...
TradeMark, AfricaNenda ink deal to enhance financial inclusion across Eastern Africa
TradeMark East Africa (TradeMark) and AfricaNenda have signed a Memorandum of Understanding committing to collaborate towards creating digital-related solutions that...
French firm strikes deal to acquire Tanzania-focused Wentworth Resources
French independent Maurel & Prom has struck a £62 million ($75.8 million) deal to acquire UK-listed Wentworth Resources after having...
Dar equity market slightly up, Total market capitalization hits 15.6bn/-
Market activities registered a slight upward tick during the trading session last week registering a turnover of 1.13bn/- marking a...
NMB Bank tops 2022 Employer of the year awards
NMB Bank Plc was on Friday evening named the overall Employer of the year during a gala dinner organized by...
Zanzibar’s blue economy set to provide 9000 jobs with over 180 projects
In the last 2 years, Zanzibar has registered record investment projects worth $3 billion. Once these projects are maximized and...
Tanzanite could be depleted in the next 16 years, new report says
Jewelry company Stauer is taking heed of a report issued by the Wharton School of the University of Pennsylvania that...
Tanzania‘s exports to Kenya hit $510 million – EAC Secretariat
Intra-regional trade among East Africa Community (EAC) member states has increased significantly especially over the past one and half years,...