Chinese firm to acquire 100% stake in Kilimanjaro Lithium Project
China Dongsheng International Inc has entered into a definitive agreement with Kilimanjaro Lithium Inc., a private corporation, whereby CDSG will ...
Tag: #LatestBusinessNews
Government securities market exhibits mixed performance in January 2023
Government securities primary auctions exhibited mixed performance in January 2023, with Treasury bills recording a robust performance relative to Treasury ...
French court dismisses case against EACOP
A French court on Tuesday dismissed a landmark case against TotalEnergies for a massive oil project in Uganda and Tanzania ...
Walkabout secures civil deal in Tanzania
ASX-listed Walkabout Resources has reached an agreement with earthmoving and civils contractor TNR that will allow for the completion of ...
NCBA Bank Tanzania plans expansion by digital innovation
Adjusting from Covid-19 effect, NCBA Bank Tanzania announced its plans for expansion into the country’s key economic sectors, including consumer ...
Dar equity market slumps by 74 pct to 1.08bn/- on low investors’ appetite for stocks
The Dar es Salaam Stock Exchange (DSE) registered relatively low activities during the trading session last week with the total ...
East Africa will get richer under African Continental Free Trade Area – World Bank says
The World Bank has noted that East Africa is set to benefit from the African Continental Free Trade Area. Countries ...
KCB to open 12 new outlets in Tanzania and Kenya
KCB Group is set to open 12 new branches in Kenya and Tanzania this year in a move that will ...
Shanta boosts group resources threefold in five years through exploration
East Africa-focused gold producer, developer and explorer Shanta Gold reports that, over the past five years, it has grown its ...
Global economic headwinds could be a silver lining for local equity investors
Equity prices in emerging markets suffered last year as investors re-priced financial assets to reflect heightened economic shocks including inflation, ...