Category: Companies

Activity in African capital markets shows significant decline in 2016 amidst economic uncertainty and global political upheaval: PwC report

Activity in African capital markets shows significant decline in 2016 amidst economic uncertainty and global political upheaval: PwC report

On a sector basis, the financial services sector continued to dominate the African IPO market during 2016 with 45% of total value and 55% of total volume, followed by consumer goods and industrials with a total value of 31% and 13% respectively JOHANNESBURG, South Africa, February 16, 2017/ — 2016 marked a challenging year for African equity markets in the […]

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Kenya to hold 6TH Tokyo International Conference on African Development (TICAD VI) SUMMIT

Kenya to hold 6TH Tokyo International Conference on African Development (TICAD VI) SUMMIT

The Sixth Tokyo International Conference on African Development (TICAD VI) Summit will be held at Kenyatta International Convention Center in Nairobi, Kenya on 27th -28th August 2016. This will be the first time TICAD is being held in Africa since its inception in 1993. Dar Es Salaam, Aug 27, 2016/- The decision to host TICAD VI Summit in Africa was […]

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Dr Reginald Mengi

Dr Reginald Mengi’s summon before the high court: He is not director, shareholder of the principal party in the case (KM Prospecting Limited)

When we received a copy of the judgment we discovered that the judgment had no date. In law a judgment that is not dated is not a judgment at all. In other words it is invalid and it cannot be appealed against and the other side cannot execute such a judgment. STATEMENT BY DEOGRATIAS RINGIA ADVOCATE REGARDING NEWS BEING CIRCULATED […]

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Dar to become EA regional hub for commodity market

Dar to become EA regional hub for commodity market

  Tanzania Commodity Exchange (TCX) is set to make Tanzania a hub for commodity trading in East African region that will involve setting up exchange associations and fostering relationships with International agencies. Commodity Exchanges integrates functioning of several key components of agriculture trade namely farmers, traders to services like Warehouse and Warehouse receipt system. It brings in standardization of quality […]

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One -Stop Centre recommended for fire rescue services taxes

One -Stop Centre recommended for fire rescue services taxes

  BUSINESS community in the country has recommended for establishment of one-stop centre for collecting taxes related to fire and rescue services to increase compliance level and improve business environment. According to Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA), the one stop point for tax collection will greatly reduce corruption that occurs when payments are done at different points. […]

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Diversification and Industrialisation are Critical for the Integration of African Countries into the Global Economy

Diversification and Industrialisation are Critical for the Integration of African Countries into the Global Economy

Minister Davies highlighted that the African countries participate in the global economy as mainly suppliers of primary products Dar es salaam, July 20, 2016/- The Minister of Trade and Industry, Dr Rob Davies says African countries need policy space to diversify, industrialise and transform their economies in order to integrate into the global economy. Minister Davies was speaking at the […]

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Deputy Minister opens Key Micro Finance Conference in Dar es salaaam

Deputy Minister opens Key Micro Finance Conference in Dar es salaaam

Commends sub-sector for championing equality Dar es Salaam, 14th July 2016: The micro-finance industry in Tanzania plays a big role in bringing  equality to all citizens especially the disabled and less fortunate in the rural areas. Deputy Minister of State, Prime Ministers Office(persons with Disability) Hon. Dr. Abdallah Possi , MP, made the assertion when he opened a key two day […]

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National Microfinance Bank PLC (NMB)

For more information visit- http://www.nmbtz.com/ National Microfinance Bank Plc (NMB) is one of the largest commercial banks in Tanzania, providing banking services to individuals, small to medium sized corporate clients, as well as large businesses. It was established under the National Microfinance Bank Limited Incorporation Act of 1997, following the break-up of the old National Bank of Commerce, by an […]

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Standard Chartered launches Africa’s most extensive roll out of mobile and online banking

Standard Chartered launches Africa’s most extensive roll out of mobile and online banking

Digital Banking made easier, faster and safer for over 1 million clients across 8 markets June 9, 2016: Standard Chartered Bank (SC.com) is bringing its newest mobile and online banking platform to 1 million clients across 8 African markets, the most extensive digital rollout of its kind in Africa by an international bank. Supported by the Bank’s global-standard technology, clients […]

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Corporate oil and gas players in Africa Forum

Corporate oil and gas players in Africa Forum

14th Africa Independents Forum in London, May 25th & 26th 2016 April 13, 2016/- The 14th Africa Independents Forum 2016 (Africa-IndependentsForum.com), to be held on 25-26th May in London at the Waldorf Hilton, being hosted by the Global Pacific & Partners / ITE Group Plc JV, gathers together leading independents and corporate players worldwide and from across Africa, both listed and unlisted, […]

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