Tanzania: Banking Sector Remains Sound, Stable-Bot

Savings, money.

THE banking sector has remained sound and stable, with levels of capital and liquidity above

Tanzania: Mzumbe Dar Campus Trains on Change Management

MZUMBE University has all reasons to thank President John Magufuli for initiating industrialisation drive as a change to bring development and raise the

Tanzania: Two Appear in Court for Fraud

By Faustine Kapama

TWO businessmen appeared before the Kisutu Resident Magistrate's Court in

Tanzania: Cashew Nut Arrears Issue Fixed - JPM

By Lydia Shekighenda

THE government said yesterday that it has cleared all arrears it owed cashew nut farmers for the

Tanzania: Tanapa Sets New National Park Tariffs

By Edward Qorro

Arusha — THE Tanzania National Parks Authority (TANAPA) has rolled out new tariffs levied at its

Tanzania: Dar es Salaam Internet Search Soars 65 Times After Moscow Announces Flight Resumption

RUSSIA has opened its doors to travellers from Tanzania following Deputy Prime Minister Tatyana Golikova naming the country as one of three nations to resume flights with Moscow starting tomorrow.

According to Yandex, the most popular Russian search engine, the number of people searching for

Tanzania: Simiyu to Host National Exhibition Tomorrow

NANENANE exhibitions stakeholders have been invited for an exhibition that would take place in

Tanzania: Milestone as Poaching Falls By 80%

Rangers in action in their daily operations to control poaching, which had threatened extinction of

China loans: Africa debt forgiveness is complex

Chinese President Xi Jinping welcomes President Museveni during a recent meeting. Many African countries have urged China to consider debt relief as a way of stimulating economic growth on the continent. Photo | File 

In Summary

• Instead, Beijing is likely to go for delayed repayment, restructuring of loan repayment or swapping of

Return of regional airlines: The long and uncertain wait

Uganda Airlines has not set a date for its return to the skies, but it is evident, it will have to, at some point, pick up the pieces, just like other regional airlines, to operate amid the “chaos” in the aviation sector. Photo | File  

In Summary

• Whereas Uganda Airlines has no date when it will return to the

Bank of Uganda accused of frustrating Islamic banking

Muslims claim Islamic Banking is being deliberately frustrated, five years since the law creating it was signed. Photo | File  

By ISMAIL MUSA LADU

Bank of Uganda (BoU) has been accused of frustrating Islamic Bank, five years after the

Tanzania deals Kenya blow, cancels KQ flights

By Betty Njeru 

Tanzania has dealt Kenya another blow. The East African country says it will not allow any Kenya...

Tanzania bans Kenya Airways from its airspace

A Kenya Airways plane. FILE PHOTO | NATION MEDIA GROUP

Summary

• The retaliation is a reaction to Kenya’s omission of Tanzania from the list of

IPS bids to raise stake in Seacom

By Standard Reporter

IPS Cable Systems has made a bid to acquire further shareholding in

Kenya Airways resumes international flights

By Peter Theuri 

Kenya Airways (KQ) will resume its international passenger flights today following the easing of

NMG signs an MoU with UNDP

Nation Media Group in collaboration with the United Nations Development Programme have signed a memorandum of understanding that will see both organisations work together to help highlight the country’s development issues.

Safaricom retires Platinum plan on 30th August 2020

Safaricom will retire its Platinum Service offer to customers this Thursday the 30th of August, 2020.

FAO and Russia sign Ksh 1.1B deal to eradicate dessert locusts in the region

FAO, and the Russian Federation have signed a 1.1 billion-Shilling contribution to boost efforts to control and eliminate Desert Locusts in Ethiopia, Kenya, South Sudan and Uganda.

Kenyan jeweller catches Beyonce’s elegant eye

Theresia Kyalo is a jeweller and multidisciplinary artist. She was co-signed by Beyoncé to feature in the Directory of Black Owned Businesses. PHOTO | SALATON NJAU | NMG 

By JAMES KAHONGEH
More by this Author

Summary

• In-person, the jeweller is refined and collected.
• The young multidisciplinary artist is a fixture on the scene of

AfDB chief Adesina survives second probe into his conduct

Akinwumi Adesina, President of the African Development Bank. FILE PHOTO | AFP

Summary

• The panel in its two-part report said it considered first “the complaints provided to the

Ethiopia unveils locally-assembled electric car

Ethiopian Prime Minister Abiy Ahmed (driving) and athletics legend Haile Gebrselassie test drive the first locally-assembled electric car in Addis Ababa on July 27, 2020. PHOTO | ETHIOPIAN EMBASSY

Summary

• Once fully charged, the electric car can go for 300 kilometers.
• The plant, which opened in March, has a capacity to produce 10,000 cars a year.

Orient expands I&M regional footprint

Entrance to Orient Bank headquarters in Kampala. FILE PHOTO | NMG

Summary

• This comes after the board of the Kenyan lender approved Ksh1.87 billion ($18.7 million) of

Kenya woos private sector for Nairobi’s long-awaited rapid transport project

A section of Thika Superhighway. FILE PHOTO | NMG

Summary

• The govt is pulling out of an initial plan to buy the buses at a cost of $16.4 million due to

Cargo, driver tracking system runs into a wall

The Port of Mombasa. FILE PHOTO | NMG

Summary

• Officially known as the Regional Electronic Cargo and Drivers Tracking System (RECDTS), it was

EA banks turn to global financiers for lending funds after local money markets run dry

Left to right: International Finance Corporation Country Manager Manuel Moses, IFC regional director Eastern Africa Jumoke Jagun-Dokunmu and Twiga Foods CEO Peter Njonjo during signing of IFC-Twiga Foods deal. FILE PHOTO | NMG

Summary

• Top East African banks are shifting attention to global financiers such as the

As Covid starts to surge, Ethiopia battles complacency

A worker of the Ethiopian Public Health Institute (EPHI) measures a passenger's temperature at a control point at Bole International Airport, in Addis Ababa on on March 17, 2020 .

Summary

• Officials worry a lax approach could hobble Ethiopia's pandemic response just as the surge in

Concerns rise in Nigeria over Chinese loans

Nigerian President Muhammadu Buhari. FILE PHOTO | SUNDAY AGHAEZE | AFP

Summary

• Nigerian government officials have recently embarked on fighting off probes into

Killer of Uganda gorilla sentenced to 11 years in prison

A baby mountain gorilla. PHOTO | FILE | AFP

Summary

• The poacher pleaded guilty to counts of trespassing in a protected area, killing a gorilla, a

KAGAME: We’re putting maximum pressure on the corrupt

Rwandan President Paul Kagame. FILE PHOTO | ALEKSEY NIKOLSKYI

Summary

• “To minimise or reduce corruption like in our case (Rwanda)… simply means maximising pressure on the

World Bank income rating of countries, does it make sense? Pan Butamire

If there is any subject I never had any inkling about in my now-distant education, it’s Economics. The reason was never the subject per se; it was the teacher.
 By

Pan Butamire

 

In our fifth year of secondary school, only two of us were Rwandan refugees, in the

RwandAir will resume flights on August 1

PATA VICHWA VYA HABARI KUTOKA MAGAZETI YA LEO JUMAMOSI AGOSTI 1, 2020