94 pct of our transactions done digitally, says NMB Bank
NMB Bank has indicated that 94% of its transactions are done through various digital channels thanks to the bank’s investment ...
Tag: #LatestBusinessNews
Tanzanian billionaires Aunali and Sajjad Rajabali lose $2.8 million as CRDB bank shares plummet
After experiencing a substantial surge in wealth earlier this year, Tanzanian billionaire brothers Aunali and Sajjad Rajabali have seen the ...
Dar equity market turnover surges by 91.5 pct to 4.7bn/- on pre-arranged trades
The Dar es Salaam Stock Exchange (DSE) exhibited a bullish performance during the five-day trading session 91.56% increase in turnover ...
Kenya’s state firm KenGen eyes Tanzania geothermal deals
Kenya’s state fir KenGen is eyeing drilling deals in Tanzania in what looks set to cement the Kenyan electricity producer ...
AfDB approves $107.8 million to promote Tanzania’s green and resilient recovery from Covid-19 impacts
The Board of Directors of the African Development Bank (AfDB) Group has approved a $107.8 million loan to Tanzania to ...
Tanzania sees spending rising 7 pct in 2023/24 budget
Tanzania plans a 7% increase in overall government spending in the next fiscal year during which it will prioritise spending ...
EAC finance ministers table 2023/24 Budgets
East African Community (EAC) countries expect overall national government spending to rise in the upcoming financial year (July 1 to ...
Foreign investors dominate as DSE equity turnover jumps by 121.7 pct to 12.5bn/- in May
Market activities at the Dar es Salaam Stock Exchange (DSE) increase by 121.7% to reach a total turnover of 12.55bn/- ...
EAC tables $103.8 million budget estimate for the 2023/2024 Financial Year
The East African Community (EAC) has tabled before the East African Legislative Assembly (EALA) the budget estimates for the 2023/2024 ...
15-year Treasury Bond continues to exhibit lower subscription levels despite the rise in yields
Investors’ appetite for the 15-Year bond continued to exhibit relatively lower subscription levels compared to the 20-Year and 25- Year ...