Showing posts with label Business news. Show all posts
Showing posts with label Business news. Show all posts

Business news

BANKS DONATE HOSPITAL EQUIPMENT WORTH SH20 MILLION - FINANCIAL-24

Regional Commissioner of Mtwara Hon Halima Dendego thanks, Exim Bank Tanzania, Chief Executive Officer, Dinesh Arora for donating 40 hospita...

ACACIA SHARES SHOOT UP AT LONDON STOCK EXCHANGE AFTER BARRICK-TANZANIA DEAL - FINANCIAL-24

Barrick Chairman, Prof. John Thornton The two parties announced the agreement today at Dar es Salaam State House after three month talks Dar...

FAMOUS FURNITURE LIMITED A DISTRIBUTOR OF SEALY POSTERPEDIC MATTRESSES AND LA-Z-BOY FURNITURE OPENS IN DAR ES SALAAM, TANZANIA - FINANCIAL-24

Chalinze Member of Parliament, Ridhiwani Kikwete (left) receives a brief from an official of Famous Furniture Ltd during the official launch...

PERSONAL LOANS FALL TO NEGATIVE 6PC, BOT SHOWS - FINANCIAL-24

In Summary That happened because commercial banks imposed tough conditions on the provision of personal loans to avoid risks. Bankers fores...

CBA AWARDS TWO CUSTOMERS FOR WINNING DRAW IN PROMOTION - FINANCIAL-24

In Summary A resident of Arusha, Mr Sandeep Kumali, and Dar es Salaam-based Roman Attorneys went home with Sh1 million and Sh2 million res...

DSE SHARE INDICES START WEEK TEN ON A HIGH - FINANCIAL-24

Dar es Salaam. Share prices of almost all companies trading on the Dar es Salaam Stock Exchange (DSE) opened this week in the green. The DS...

VICOBA CALL FOR LOWER COMMERCIAL BORROWING COSTS - FINANCIAL-24

Dar es Salaam. Village Community Banks (Vicoba) are complaining over high interest rates charged by commercial banks on loans, saying the t...

NAKUMATT STORE SHUT OVER RENT, EMPTY SHELVES - FINANCIAL-24

Dar es Salaam. The management of Mlimani City closed Nakumatt’s shop yesterday after failing to comply with contractual requirements, inclu...

DEPUTY MINISTER STRESSES ON TAX COMPLIANCE - FINANCIAL-24

Deputy Minister for Finance and Planning, Dr Ashatu Kijaji. Deputy Minister for Finance and Planning, Dr Ashatu Kijaji, has reiterated the g...

ACCESS BANK TRANSACTS 60BN/- THROUGH ‘WAKALA’ - FINANCIAL-24

Access Bank Tanzania’s agent banking unit has transacted some 60bn/- in this year’s first nine months. The bank’s channel dubbed Access Bank...

AFRICAN DEVELOPMENT BANK NODS TO DAR’S 16PC DRIVE - FINANCIAL-24

AfDB’s Vice-President, Energy, Amadou Hott. African Development Bank (AfDB) has supported Tanzania’s push for 16 per cent stake in mineral a...

VILLAGE BANKS SEEN KEY DRIVER FOR INDUSTRIALISATION EFFORTS - FINANCIAL-24

With a capital of 1.2tri/- Village Community Bank (VICOBA) has the potential to boost industrialization drive, the Minister of Industry, Tra...

TRA COLLECTS SH64.65BN IN FIRST QUARTER REVENUE BOOST - FINANCIAL-24

In Summary The TRA Taxpayers’ Education Officer, Mr Saleh Haji Pandu, revealed this in his Gulion Office in Zanzibar when releasing a repor...

TUSKYS, NAKUMATT WRITE TO REGULATOR ON MERGER PLAN - FINANCIAL-24

Nairobi. Tuskys Supermarkets has written to the competition watchdog seeking advice on its planned merger with competitor Nakumatt, putting...

ROTARY DAR MARATHON 2017 TARGETS SH1BN FOR CHARITY - FINANCIAL-24

In Summary The 9th edition of the Rotary Dar Marathon which covered 42.2km of running, walking and cycling attracted over 15,000 participan...

SAMSUNG CEO KWON TO STEP DOWN - FINANCIAL-24

Samsung   CEO Oh-Hyun Kwon Samsung  CEO Oh-Hyun Kwon surprised colleagues and industry observers Friday by announcing his intention to resig...

LARGEST GATHERING OF AFRICAN ENTREPRENEURS ENDS IN LAGOS - FINANCIAL-24

Entrepreneur at the #TEFForum2017    Lagos.   The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entre...

IVANKA TRUMP TOUTS LAUNCH OF WORLD BANK BUSINESSWOMEN'S FUND - FINANCIAL-24

Washington, United States.   Ivanka Trump, President Donald Trump's daughter and a White House advisor, on Saturday touted the creation ...

DANGOTE DID NOT CASTIGATE JPM ON POLICY - FINANCIAL-24

In Summary Mr Dangote was quoted by a Financial Times article on Monday as saying President John Magufuli’s investment policies could ‘scare...

MAKINIKIA YAENDELEA KUITESA ACACIA - FINANCIAL-24

Kwa Ufupi Kwenye taarifa yake ya awali iliyotolewa jana kwa wadau wake na jamii kwa ujumla, kampuni hiyo imeeleza kuimarika kwa uzalishaji l...