Jubilee completes regional unit stake sale to Allianz
Jubilee Holdings has completed the sale of a majority stake in its Mauritius subsidiary to insurance giant Allianz SE, which...
NMB scoops Platinum Sustainable Bond of the Year Award
NMB Bank Plc’s Jasiri Bond has been awarded the Platinum Winner in the Sustainable Bond of the Year Category at...
US-based EdTech Company OneScreen debuts in the Tanzanian market
US-based EdTech Company OneScreen yesterday launched all-in-one interactive video collaboration solutions targeting Government, health, education, health, emergencies and businesses across...
KCB to finalise purchase of Congo lender by year-end
KCB Group expects to finalise the acquisition of Democratic Republic of Congo lender Trust Merchant Bank (TMB) by the end...
More pain as food prices continue to rise in Dar markets
Dar es Salaam residents have had no option but to dig deeper into their pockets to purchase basic foodstuffs following...
US investors to commence two-day fact-finding mission to Tanzania next week
A section of business representatives from American companies are expected in Tanzania Monday next week for a two-day fact-finding mission....
Kimara-Kibaha road to begin full-scale operations in November
The newly expanded 19.2-kilometer Kimara-Kibaha road section in Tanzania will be fully used by motorists and other road users starting...
EABC advocates for interoperability of mobile money networks across-border transactions in EAC
The East African Business Council (EABC) Executive Director John Kalisa has called for full interoperability of mobile money networks and...
Low foreign investors appetite for stocks push Dar stock market indices down
Activities on the Dar es Salaam Stock Exchange (DSE) ended the week on negative territory with crucial market indicators dropping...
Tanga cement posts 50 pct increase in sales revenue in H1 despite headwinds
Despite market headwinds, particularly the competitive environment in the cement sector, Tanga Cement Public Limited Company continued to perform well...