Tanzania’s two largest banks make close to Sh1 trillion in net profit

With an investment of over USD 11 million in Class B shares (about 25.7bn/-) Combined assets and deposits for CRDB and NMB account for more than half of the total value of [assets and

Financial literacy must begin at home and at institutions of learning

 

 By Ronald Mumani

Across the African continent, several countries are increasingly turning their attention to the

Horticulture earnings rise 6.5 pc on higher volumes

Horticulture export earnings grew to Sh156.69 billion last year. FILE PHOTO | NMG  

By BRIAN AMBANI More by this Author  

Horticulture export earnings increased by 6.5 percent in 2023, driven by increased volumes and a weak shilling.

President Ruto visits Huawei-YouthConnekt Africa job fair at largest youth event in Africa

President William Ruto and his deputy Rigathi Gachagua pose for a group photo with the Chinese Embassy in Kenya team led by Mr Zhang Yijun (centre), and the Huawei Kenya team led by CEO Mr Gavin Gao (third from right). PHOTO | COURTESY  By HUAWEI KENYA More by this Author  

President Ruto opened the YouthConnekt Africa Summit 2023 at KICC, starting with a visit to the job fair co-organized with Huawei and supported by the

Ethical concerns of Artisanal Gold Mining and its effect on Global Trade

Artisanal gold mining sector is fraught with ethical concerns, ranging from environmental degradation to labour rights abuses. PHOTO | COURTESY

By HF MARKETS More by this Author

Artisanal gold mining, an ancient practice undertaken by small-scale miners around the world, plays a significant role in the global gold supply. However, this sector is

Licensed East African Bond Exchange to take on NSE

Nairobi Securities Exchange (NSE) on the trading floor. FILE PHOTO | NMG   

By JULIANS AMBOKO More by this Author

Competition in Kenya’s bond market is set to heat up following the Capital Markets Authority’s (CMA) approval of an application for a license for ...

Kenya's IMF program increased in size for the third time

State to loan ‘hustlers’ to pay for mandatory health cover

Susan Nakhumicha, Cabinet Secretary, Ministry of Health gives her remarks at a past event. FILE PHOTO | NMG    

By PATRICK ALUSHULA More by this Author

The government plans to issue loans to non-salaried people who will struggle to pay for the...

Cote d'Ivoire Eurobond sale spells hope for Kenya’s return to market

Ivory Coast’s Eurobond saw a subscription of over $8 billion (Sh1.2 trillion) from more than 400 investors. PHOTO | SHUTTERSTOC    By KEPHA MUIRURI More by this Author

Last week’s new Eurobond sale by the Cote d'Ivoire has rekindled hopes of Kenya’s successful return to the international capital markets.

Citibank to make disclosure over Safaricom cash call funds

A man walks by a Citibank branch at the US bank Citigroup world headquarters on Park Avenue, in New York. FILE PHOTO | AFP    By SAM KIPLAGAT More by this Author

The High Court has allowed stock brokerage firm Suntra Investments Limited to...

Global economists forecast Kenya growth at 5.2 percent

Another inflation dampener in 2024 will be a slower pace of shilling depreciation.    

By CONSTANT MUNDA More by this Author

The world’s leading banks, consultancies, and think tanks have marginally raised

NCBA, Co-op, Stanbic win State pensions deal

NCBA, Co-operative, and Stanbic banks have won the lucrative deal to keep the more than Sh100 billion in pension contributions held by the Public Service Superannuation Scheme (PSSS).   

By KEPHA MUIRURI More by this Author

NCBA, Co-operative, and Stanbic banks have won the lucrative deal to keep the ...

Kenya’s inflation rises on higher school fees, power charges

Customers do last-minute school shopping at Veghela Bookshop in Kakamega town on Sunday ahead of the reopening of schools for the first term on Monday, January 8, 2024. PHOTO | ISAAC WALE | NMG

  By CONSTANT MUNDA More by this Author

Kenya’s consumer prices in January rose at the fastest pace in four months because of...

PSSSF comes up with green campaign

 ALLY MAYALA

THE Public Service Social Security Fund (PSSSF) has provided tree seedlings to its retiring members for them to plant in their areas to curb climate change effects.

PSSSF trains prospective retirees

 NASHON KENNEDY in Mwanza

PSSSF commercial complex in Dar es Salaam

MWANZA: THE Public Social Security Service Fund (PSSSF) has embarked on a...

PSSSF issues alert on cybercriminals targeting retirees’ pay

Leonard Kondobol

TANZANIA: THE Public Service Social Security Fund (PSSSF) has warned retirees countrywide to be cautious of...

CBE, firm join forces to elevate workplace mental health awareness

 

Dativa Minja

THE Bloom Wellness Tanzania Limited has partnered with the College of Business Education (CBE) to conduct specialised training on workplace mental health competency to