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Vodacom set to declare more than $9 million dividends to shareholders after bouncing back to profitability
The Dar es Salaam Stock Exchange (DSE) listed telco Vodacom Tanzania is set to declare more than $9 million dividends...
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Tanzania embarks on ambitious plan to woo more tourists from the Far East
The Ministry of Tourism and Natural Resources, in partnership with the Tanzania Tourist Board (TTB) and the Chinese Embassy are...
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AfDB approves $11.7 million to facilitate access to fertilizers for African farmers
The Board of Directors of the African Development Bank has approved a $11.7 million budgetary allocation to the African Fertilizer...
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Japanese lender Sumitomo Mitsui rules out funding $5 billion EACOP project
Sumitomo Mitsui Financial Group Inc. said it isn’t financing an oil pipeline in East Africa, joining a growing list of...
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Vodacom Tanzania’s mobile data revenue up 34.2 pct to 273.7bn/- on strong demand for data services
Vodacom Tanzania’s mobile data revenue grew by 34.2% to 273.7bn/- for the year ended March 31, 2023 according to the...
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Equity Group taps into general insurance market
Equity Group Holdings, the parent company of Equity Bank, is venturing into the general insurance business nine months after starting...
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Tanzania’s LNG project development to cost $42 billion
Tanzania says the cost of developing its liquefied natural gas (LNG) project is $42 billion after the recent technical analysis,...
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Vodacom Tanzania’s M-Pesa revenue jumps by 8.4 pct to 357.1bn/- in Q1, 2023
Vodacom Tanzania’s M-Pesa revenue grew by 8.4% to 357.1bn/- during the first quarter this year, the company’s preliminary consolidated financial...
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Elon Musk says he’s stepping down as Twitter CEO
Elon Musk has chosen a new CEO of Twitter and plans to step down from the role within about six...
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China takes over East African Crude Oil Pipeline funding
The Chinese appear to be taking over the financing of the East African Crude Oil Pipeline (Eacop) project, which has...
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