Tanzania: Vodacom MPesa to be rolled out to new countries to be covered in the expansion are: South Africa, Malawi, Zambia, Zimbabwe, Lesotho, Mozambique, Swaziland and the Democratic Republic of Congo (DRC).Continue Reading
Since the onset of the Covid-19 pandemic, the Africa Investment Forum, a marketplace for transactions that close Africa’s investment gaps, has channeled investments to projects that address the continent’s biggest healthcare challenges – building quality healthcare infrastructure; developing the continent’s pharmaceutical…Continue Reading
Investor News Africa: The Lusophone Compact is one of many successes that have emerged from the innovative Africa Investment Forum. The compact is a financing platform that provides risk mitigation, financing products and technical assistance to accelerate development of the private sector in Africa’s Portuguese-speaking countries.Continue Reading
Games Firm says that the first phase of consultations which was focused on the reasons for the proposed closure have now been completed and a decision has been reached to close the affected storesContinue Reading
Tanzania Budget: “Is your company adequately capitalised?” is a question asked not just by the shareholder and lenders to a company, but also by revenue authorities. In the context of tax, this is often addressed by thin capitalisation rules which look at the ratio between debt and equity – something that also applies in Tanzania.Continue Reading
Arshad Sharif, a leading Pakistani journalist, living and sheltering in Kenya since he fled his country early in the year, was shot dead on Sunday night at a police roadblock on the Nairobi-Magadi road.Continue Reading
Tanzania: It was announced yesterday that KCB Bank has graduated to tier one status after increasing its asset value to Sh1.04 trillion. For a bank to earn tier one status, the highest ranking in the banking industry, it should boast assets of at least Sh1 trillion, according to the Bank of Tanzania (BoT).Continue Reading
The Zanzibar Airports Authority (ZAA) will today meet representatives of all airlines that fly into Zanzibar regarding the order to shift their ground handling to Dnata.Continue Reading
On Wednesday 26 October 2022, the African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s / S&P / Fitch / Japan Credit Rating, all stable), launched and priced a new USD 2 billion 5-year Global Benchmark due 3 November 2027.Continue Reading
Tanzania Breweries Limited (TBL), through its parent company, AB InBev, yesterday entered into partnership with the World Wildlife Fund (WWF) Africa to improve water quality and quantity in identified high-risk sites by 2025.Continue Reading
