Investment
Tanzanian entrepreneur Dewji plans $2-4 billion grains production investment via SPAC
The head of one of Tanzania's biggest firms, Mohammed Dewji, said he plans to float an agriculture company worth up...
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Top 5 richest people in Africa and their net worth according to Bloomberg
As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. As per...
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Taifa Gas to set up LPG plant in Mombasa in new expansion drive
Local Tanzanian firm Taifa Gas Investment wants to construct a liquefied petroleum gas (LPG) import and storage terminal in Mombasa,...
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NMB offers 30.7bn/- dividend payment to Government coffers
The NMB Bank yesterday handed over 30.7bn/- to the Government being payment for dividend following the bank’s solid financial performance...
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Investment flows to Tanzania reached a record $922 million in 2021
Tanzania’s stock of Foreign Direct Investments (FDIs) flows rose by 34.6 per cent to an estimated $922 million (approximately 2.1trn/-)...
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Africa’s richest man Aliko Dangote drops out of top 60 billionaires list even as his net continues to rise
Africa’s richest man, Aliko Dangote, has dropped out of the top 60 world’s wealthiest people and is now standing in...
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AfDB seeks to leverage rich nations’ IMF reserve funds
The African Development Bank (AfDB) is lobbying rich nations to use their rights to International Monetary Fund reserve assets to...
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WB: Debt trends in Eastern and Southern Africa demand decisive reform
Levels of public debt across eastern and southern Africa’s low-income countries have doubled over the last decade. The region’s debt...
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SWISSPORT Tanzania commends Government’s business regulatory reforms
SWISSPORT Tanzania has commended the Government for its continued efforts in creating a business enabling environment adding that the business...
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