Tanzanian billionaire Mohammed Dewji to invest $100m in Rwandan companies
Tanzanian billionaire Mohammed Dewji has expressed interest in investing in Rwanda through his company MeTL Group, which has operations in ...
Tag: #LatestBusinessNews
Tourism activities in Tanzania up 49.8% in Q1, 2023 on removal of travel restrictions by most countries
Tourism activities in Tanzania improved during the first quarter this year, reflected in the number of visitors to the national ...
KCB gets nod for dollar lending by subsidiaries
Subsidiaries of KCB Group have received the board’s green light to undertake joint lending arrangements in a move that is ...
Dar equities market back in green on local investors’ appetite for stocks
Tanzania’s equities market ended the trading session in green last week with total market turnover surging to 1.24bn/- being a ...
Dar to maintain less accommodative monetary policy stance
Tanzania has announced plans to maintain a less accommodative monetary policy stance according to the latest Monetary Policy Committee Meeting ...
CRDB Bank lauded for debuting green bond with unprecedented 10.25% interest rate
The Minister of State, President’s Office for Investment and Planning, Prof. Kitila Mkumbo, hailed CRDB Bank for ushering in a ...
Over 1,000 Tier 2 microfinance institutions granted licenses in 2022
Tanzania’s microfinance sector continued to be formalized last year with the Central Bank granting licenses to 1,095 Tier 2 microfinance ...
Domestic market capitalization crosses the 11trn/- milestone amidst rising fixed income yields
Despite the subdued trading activities at the Dar es Salaam Stock Exchange during last week’s trading session, the market performance ...
The couple bringing cashew butter to store shelves and healthy eating plans in Tanzania
When the Covid-19 pandemic hit, Mohamedhussein and Sabiha Rashid were left with a large shipment of cashews they were expecting ...
Exim Bank Group launches program to advance women’s economic empowerment
Exim Bank Group through its Corporate Social Responsibility (CSR) program dubbed “Exim Cares” has launched a Women Empowerment Program (WEP) ...
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