Monday, September 26, 2011

EAC currencies at all time low

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NAIROBI - The Kenyan Shilling entered into uncharted territory last week nearing the hundredth mark against the dollar a move which spread...

Tanzania: Mkuchika challenges social security funds to widen pensioners' base

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SOCIAL security fund boards and their managements should look for ways to increase the percentage of retired people getting monthly pension...

Tanzania: Weak Shilling Lifts Country's Tourism

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Dar es Salaam — A weak Tanzania shilling has buoyed the tourism industry in the country although Tanzanians have been negatively affected ...

Tanzania: New global economic crisis worries EAC

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TANZANIA has said should the world experience a second economic downturn, the impact on East African Community (EAC) countries would be mo...

Tanzania: Credit to Private Sector Grows By 26 Percent - Central Bank

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Dar es Salaam — Credit to the private sector growth continued to pick up by 25.6 per cent in the year ending June this year from 16.3 per ...

Global: UBS CEO Resigns Over Rogue Trading Loss

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GENEVA — UBS chief executive Oswald Gruebel has resigned over a $2.3 billion loss caused by rogue trading at its investment ...

IMF: Global Economy Entering Dangerous Phase

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WASHINGTON -- Top global finance officials are pledging to work decisively and in a coordinated way to deal with a European debt crisis a...
Sunday, September 25, 2011

China, Tanzania Set to Engage in $3B Coal, Iron Ore Deal

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China and Tanzania are set to work on a $3-billion coal and iron ore construction partnership that will develop the Mchuchuma coal and ...

Tanzania: DSE trading activities slow over European financial crisis

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The Dar es Salaam Stock Exchange (DSE) market expects continued low level of activities as foreign investors participation continues to sl...

Uganda: Loans Can Be a Magic Bullet or the Poison for SMEs

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FOR many a potential entrepreneur, capital is the magical bullet that does not just kick-start, but can make the difference between success...

Global: There’s Usually a Banking Crisis Somewhere!

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A dd together fund a ment a l illiquidity a nd sm a llness of c a pit a l, a nd wh a t h a ve you got? Indeed, dr a wing from ...

Tanzania: Treasury bills still draw huge interest

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DESPITE the soaring inflation rate and the alarming economic turbulence hitting some Western countries, the two-year Treasury bond maturiti...

Tanzania: Central Bank Wants Govt to Subsidize Energy Prices

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ACUTE food shortage caused by prolonged droughts in some neighbouring countries will drive up prices for commodities hence fuellin...

DSE: Share Prices - 26th Sep 2011

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Co. Opening Price Closing Price High Low ...
Thursday, September 8, 2011

DSE: Share Prices - 8th Sep 2011

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Co. Opening Price Closing Price High Low ...
Wednesday, September 7, 2011

DSE: Share Prices - 7th Sep 2011

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Co. Opening Price Closing Price High Low ...
Tuesday, September 6, 2011

Africa: Microfinance - What Role in Africa's Development?

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Since the idea of lending small sums of money to poor people was pioneered by Grameen Bank in Bangladesh, the approach has been taken up b...

Uganda: Bank of Uganda Increases Lending Rate to 16 Percent

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The Bank of Uganda has increased its lending rate to 16 per cent from 14 per cent in August, signaling a further increase in interest rates...

Tanzania: T-bills continue to attract public interest

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TREASURY bills have continued to attract massive investments despite low interest rates leading to an overly subscription, a signal that i...

Tanzania: TIC identifies ventures that are ready for PPP

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The Tanzania Investment Centre has identified a number of projects it says are up for public private partnership or joint ventures. They ...