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 ...
Tag: #TanzaniaBusinessNews
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) ...
Why Government securities market registered mixed performance in Q2, 2023
Government securities primary auctions registered a mixed performance during the quarter ending June 2023, with investors’ preference leaning on the ...
Tanzania, others to participate in Google’s AI-first accelerator program
Google is inviting Tanzania and 16 African countries to apply for its ‘Google for Startups Accelerator: AI First’ program an ...
Exim Bank inks MoU with Indesso and Amani Essence to promote agriculture development in Tanzania
Exim Bank Tanzania has signed a Memorandum of Understanding (MoU) with Indesso and Amani Essence to cooperate in promoting agriculture ...
High import bills push Zanzibar’s current account deficit to $116.5 million in June
Zanzibar’s current account deficit widened to $116.5 million during the quarter ending June 2023, from $104.4 million recorded during the ...
Tanzanian fintech firm NALA taps into the Nigeria market
NALA, a Tanzanian fintech, has officially launched payments from the UK and Europe to Nigeria. NALA is an African payments ...