THE Bank of T a n z a n i a (BoT) has recently increased the Central Bank Rate (CBR) from 5.75 per cent to 6.25 per cent for ...

Dar es Salaam. Tanzania will on Friday, July 24, list its inaugural Tanzanian shilling-denominated offshore bond on the London Stock Exchange (LSE), marking a major step in the government's efforts to ...

The Kenyan shilling continues to show resilience against regional currencies following the latest increase in the country's ...

Finance Minister Khamis Mussa Omar has urged international investors to seize investment opportunities in Tanzania as the ...

The Geothermal Development Company (GDC) is on the spot after an audit flagged Sh15.93 billion drilling rigs that are either idle or non-functional, adding to a list of underutilised assets at the ...

The family of the late billionaire poultry farmer Nelson Muguku is selling The Waterfront Karen Mall in Nairobi in a ...

Davido has launched direct album sales for his upcoming project Oriade before its release on digital streaming platforms. The album is available for purchase in Nigerian naira, Ghanaian cedi, Kenyan ...

THE Bank of Tanzania’s (BoT) gold bullion holdings increased last month, strengthening the central bank’s balance sheet as ...

In 1991, Somalia's central government collapsed. Public institutions weakened, national infrastructure was severely damaged, the formal banking system struggled, and confidence in national financial ...

Mary Kay launched her eponymous cosmetics empire in 1963, just a month after the death of her fifth husband. A new biography ...

For many Ugandan motorists, buying a car has traditionally meant choosing a used import and hoping for the best. The appeal has often been the lower upfront price, but for many buyers, that decision ...

Tanzania’s path to a one-trillion-dollar economy by 2050 cannot be paved with tax shillings and sovereign loans alone; it ...