Bank on mission of installing machine on top of Mountain Kilimanjaro

Robert Okanda

Kilimanjaro: Some of the National Bank of Commerce (NBC) staff led by the Director of

Dar reaps rewards of economic diplomacy

 Maureen Odunga

TANZANIA: AS 2023 comes to an end, the government has listed benefits brought in

Samia vows to uphold inclusive society

 

Daily News reporter

ZANZIBAR: PRESIDENT Samia Suluhu Hassan has assured that her government and that

Relief for NSE shareholders on Fed interest rate cut plan

A securities trader at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi. FILE PHOTO | NMG   

By CHARLES MWANIKI More by this Author

The announcement by the US Federal Reserve that it expects to cut its interest rate

State urged to unlock global tea markets

A woman carries a sack with tea leaves on her back after plucking at a farm in Kapsabet, Nandi County on April 04, 2023. PHOTO | JARED NYATAYA | NMG   

By JAMES MURIMI More by this Author

The government has been asked to unlock tea markets in countries that impose hefty import duties on the produce.

Uganda NSSF to earn $2m from Airtel stake

Uganda NSSF is the second largest shareholder of Airtel Uganda after Bharti Airtel. PHOTO | FILE | DAILY MONITOR

By DEOGRATIUS WAMALA

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Uganda's National Social Security Fund (NSSF) will earn at least Ush7.9 billion ($2.1 million) from its 10.55 percent stake it holds in Airtel. 

Eacop pipes received at Dar es Salaam port ready for laying

A general view of TotalEnergies' central processing facility construction in Buliisa, Uganda on February 20, 2023. PHOTO | AFP

By THE CITIZEN

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The East African Crude Oil Pipeline (Eacop) project coordinator has announced the

Rwanda secures $268m IMF funding

The International Monetary Fund logo. PHOTO | OLIVIER DOULIERY | AFP

By JAMES ANYANZWA

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The International Monetary Fund Executive Board has approved a new 14-month credit facility arrangement for Rwanda worth $268.05 million out of which the

Global watchdog retains 4 East Africa countries on 'grey list'

When FATF places a jurisdiction under increased monitoring, it means the country has committed to resolve quickly the identified deficiencies within agreed timeframes. PHOTO | SHUTTERSTOCK

By JAMES ANYANZWA

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Global financial crime watchdog, Financial Action Task Force (FATF) has retained four East African countries on the ‘grey’ list in its latest review of countries’

I will not vote ANC in 2024 poll, S.Africa ex-president Zuma says

Former South African President Jacob Zuma addresses his supporters in Pietermaritzburg, South Africa on May 26, 2021. PHOTO | AFP

By AFP

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Former South African president Jacob Zuma, who was forced out of office over

Tanzania, Rwanda picked for clean energy pilot

World Bank President Ajay Banga. PHOTO | AFP

By BOB KARASHANI

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Tanzania, Rwanda and Somalia are among four countries selected as pilots of a new

Faulty website contacts: Could this be the weak link in your firm's sales chain?

Marketing experts say that making sure that site visitors can easily get in touch with the organisation is one of the easiest way to generate leads. PHOTO | SHUTTERSTOCK    

By KABUI MWANGI More by this Author

Have you visited a business or a government agency website, scrolled through but got stuck at some point and needed to establish direct contact with the operator for

State-Google deal to roll out coding in schools programme

Google office signage. FILE PHOTO | NMG    

By KABUI MWANGI More by this Author

The government has partnered with global tech giant Google to roll out a coding

Hedging foreign exchange losses

PHOTO | SHUTTERSTOCK    

By CATHY MPUTHIA More by this Author

At the time of writing this article, the foreign exchange rate is Sh153 to 1 US dollar. In comparison, earlier this year the rate was Sh137 to 1 US dollar. There have been a lot of currency fluctuations in the recent past caused by a number of reasons.

One year T-bills rise to 16pc as investors seek better returns

The Central Bank of Kenya in Nairobi.    

By CHARLES MWANIKI More by this Author

Investors increased their interest rate demands on short-term government debt past the