Press Release: Kenyan teacher wins Excellence award

Bruce P. Epps, Ph.D.

Director of Development

The Neema-Huruma Foundation &

Imbirikani Girls School in Kenya

www.neema-hurumafoundation.org

www.imbirikani.org

bepps@neema-hurumafoundation.org

600 N. Pearl St., Ste. 650

Dallas, Texas, USA

Dar Bourse Records Weaker Performance

NSE chairman James Wangunyu and CEO Chris Mwebesa (left) at a past event at the stock market. Efforts to integrate markets regionally have picked up. Photo/FILE 

THE Dar es Salaam Stock Exchange (DSE) recorded a weaker performance in terms of turnover and activity level last week compared to previous trading session.

President Jets Back From U.S. On Monday

 

US President Barack Obama in Washington, DC, November 4, 2013. AFP PHOTO / Saul LOEB 

Orton Kiishweko
New York — PRESIDENT Jakaya Kikwete returns home today after concluding his fiveday engagement at the United Nations where he addressed fellow leaders and held various bilateral meetings on diverse issues.

TPDF to Have 12,000 New Military Houses

 

President Uhuru Kenyatta greets National Youth Service recruits after a parade at the NYS college in Gilil on September 10, 2014. PHOTO | SULEIMAN MBATIAH |  NATION MEDIA GROUP

By Abduel Elinaza
Shanghai in China — TANZANIA has signed an agreement with China which will see the Asian nation providing a 550 million US dollar (over 900bn/-) concessional loan for construction of Tanzania Peoples' Defence Forces (TPDF) houses across the country.

Africa banks jostle for a piece of EAC’s huge trading bloc

Kenya Bankers Association head Habil Olaka (left), KBA chairman and chief executive officer of Standard Chartered Bank, Mr Richard Etemesi (centre) and KCB boss Martin Oduor-Otieno. African banks are enhancing their presence in East Africa to exploit the market when member countries integrate, creating one of Africa’s largest trading blocs. PHOTO/FILE  NATION MEDIA GROUP

In Summary

• The East African Community Common Market Protocol guarantees free movement of people, goods, capital, and services with the bloc, moving towards creating a monetary union and eventually a political federation.
• National Bank of Kenya is preparing to go regional next year.
• Emerging oil deposits in the region and mobile penetration are also a major attraction.

Tanzanians Among Africa's Young Business Laureates

 

Kenya Bankers Association head Habil Olaka (left), KBA chairman and chief executive officer of Standard Chartered Bank, Mr Richard Etemesi (centre) and KCB boss Martin Oduor-Otieno. African banks are enhancing their presence in East Africa to exploit the market when member countries integrate, creating one of Africa’s largest trading blocs. PHOTO/FILE  NATION MEDIA GROUP

FIVE Tanzanians have been recognised by a leading international research centre of France as most dynamic young African business leaders with potential to carry the continent new higher development levels.

Ecobank and Global Fund Expand Partnership

 

Customers at a banking hall. Out of Sh85 million stolen from different banks in August, police suspect Sh30 million ended up with rogue workers. Photo/FILE 

SPONSOR WIRE

Ecobank Group and the Global Fund to Fight AIDS, Tuberculosis and Malaria are expanding a partnership to include South Sudan after collaborating since 2011 on capacity-building programmes for Global Fund implementers in Cote d’Ivoire and Nigeria.

U.S. $ 2 Trillion in Investments Back Green Bonds to Tap Usd 100 Trillion Bond Market for Climate Solutions

Trading at the NSE floor. Photo/FILE 

Trading at the NSE floor. Photo/FILE 

By JUSTUS ONDARI

East African stock markets chief executives have agreed on a raft of measures aimed at creating a single market in the region.

SPONSOR WIRE

Green Bond commitments announcement for next 12 months by issuers, banks and investors
New York, September 29, 2014 - Investors representing over two trillion dollars of assets under management as of September 23, issued an Investor Statement on Green Bonds and Climate Bonds, committing to grow a global market in the financing of climate change solutions. At the same a group of 13 development banks, investors and issuers committed themselves to further developing the Green Bonds market.

China Promises More Investments

 

CHINA has promised more investment in the country whereas by the end of last year, the country has offered 1.6bn US dollars support in various development projects countrywide.

Dar approves Nation Media Group cross-listing

Trading at the Dar es Salaam Stock Exchange. Photo/FILE 

By SAMUEL KAMNDAYA

Capital Market authorities have approved a proposal by the Nation Media Group (NMG) to cross list its shares on the Dar es Salaam Stock Exchange (DSE), giving a chance for Tanzanians to own shares in East Africa’s biggest media house.

Hope As Foreign Investors' Limit At DSE Is Lifted

 

Trading at the Dar es Salaam Stock Exchange. Photo/FILE 

THE Dar es Salaam Stock Exchange is set for a boom in business after the government lifted controls on foreign- share ownership, making the burse more enticing for companies to consider initial public offerings.

China Blanket Manufacturer Eyes to Invest in Tanzania

 

UN Secretary-General Ban Ki-moon speaks during the Opening Session of the Climate Change Summit at the United Nations in New York September 23, 2014, in New York. PHOTO | TIMOTHY A. CLARY |  AFP

By Abduel Elinaza
Zhejiang — CHINA'S Zhejiang Truelove Blanket Technology said is studying and familiarising with the country market for the possibility of making Tanzania its hub for East African region.

Mo Foundation Says African Governance Improving

 

 View over a section of Bakara market, Mogadishu.

 Photo: Mohamed Amin Jibril/IRIN

THE 2014 Ibrahim Index of African Governance (IIAG) was launched, showing that overall governance improved on the African continent between 2009 and 2013.

TradeMark East Africa launches web portal to boost regional business, interaction

Guests experiencing the new portal launched by TradeMark East Africa on September 29, 2014. PHOTO | COURTESY 

In Summary

• The portal contains information on trade and integration in East African countries and useful schedules such as ship waiting time, vessel turnaround time and cargo dwell time.
• TMEA has also partnered with Kenya Trade Network Agency (KenTrade) to open a single window system.

By BEATRICE OBWOCHA
More by this Author

TradeMark East Africa (TMEA) has launched a web portal that will enable the business community in the region to access crucial information online.

Yajue mafanikio ya mfuko wa hifadhi ya jamii Zanzibar

Abdul-wakil H. Hafidh  Mkurugenzi mkuu wa ZSSF

Christian Gaya, Majira Septemba 30, 2014

Mfuko wa Hifadhi ya Jamii wa Zanzibar ulianzishwa chini ya kifungu cha sheria Namba 2 ya mwaka 1998 na baadaye ilirekebishwa chini ya kifungu cha Mfuko wa Hifadhi ya Jamii Zanzibar, Sheria Namba 9 ya mwaka 2002 na Sheria Namba 2 ya mwaka 2005. Kabla ya kifungu cha Sheria na uanzishwaji wa Mfuko wa Hifadhi ya Jamii Zanzibar, kulikuwa hakuna rasmi mpango wa kinga ya hifadhi ya jamii katika nchi ya Zanzibar. Wala hapakuwa na umuhimu kwa sekta isiyo rasmi kupatiwa kinga ya hifadhi ya jamii